Solar Panel Cost Guide in Mansfield Center, MA (2024 Update)
- Mansfield Center Solar Installation Cost: $12,302
- 25-Year Savings: $15,611
- Payback Period: 12.5 Years
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Average Cost of Solar Panels in Mansfield Center
Here’s how much it might cost to switch to solar power in Mansfield Center.
While the national average of solar panels is $2.66 per watt, solar panels in Mansfield Center typically cost around 4.To account for the typical energy usage of the average home in Mansfield Center, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs around $12,302, or $17,592 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.With typical savings of about $22,000 on energy bills over 20 years, many homeowners in Mansfield Center find going solar can pay off big.
To receive a free estimate from a top solar company in Mansfield Center, you can click the button below.
Solar savings over time in Mansfield Center
| Year | Return on Investment |
|---|---|
| 1 years | $-10,579 |
| 3 years | $-7,132 |
| 5 years | $-3,685 |
| 7 years | $-238 |
| 9 years | $3,209 |
| 11 years | $6,656 |
| 13 years | $10,103 |
| 15 years | $13,550 |
| 17 years | $16,996 |
| 19 years | $20,443 |
| 21 years | $23,890 |
| 23 years | $27,337 |
| 25 years | $30,784 |
Top Solar Installers in Mansfield Center
Installing solar panels on your own can be a difficult project, which is why getting a solar installer is a good option for many homeowners. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you’d like to make the switch to solar but still aren’t sure which solar installer to go with, here are our recommendations for providers in Mansfield Center:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Mansfield Center
Factors that Affect Solar Panel Costs in Mansfield Center
There are many criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of a solar panel system in Mansfield Center, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by around $4,060 for each additional kilowatt you need.The kind of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Mansfield Center, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can influence the cost. Mansfield Center’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Mansfield Center are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.22 | $17,734 | $16,253 | 13.0 years |
| 8 kW | $4.14 | $23,191 | $22,125 | 12.8 years |
| 10 kW | $4.06 | $28,420 | $28,225 | 12.5 years |
| 12 kW | $3.98 | $33,422 | $34,552 | 12.3 years |
| 14 kW | $3.90 | $38,196 | $41,106 | 12.0 years |
| 16 kW | $3.82 | $42,744 | $47,888 | 11.8 years |
| 18 kW | $3.74 | $47,064 | $54,897 | 11.5 years |
| 20 kW | $3.65 | $51,156 | $62,134 | 11.3 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Mansfield Center, MA Solar Cost FAQs
How much does it cost to install solar panels in Mansfield Center?
The average cost of solar panels in Mansfield Center is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Mansfield Center?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on electricity bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Mansfield Center, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.