Solar Panel Cost Guide in Mansfield Center, MA (2023 Update)
- Mansfield Center Solar Installation Cost: $8,911
- 25-Year Savings: $15,609
- Payback Period: 9.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mansfield Center
See how much it might cost to switch to solar power in Mansfield Center.
Although the national average of solar panels is $2.66 per watt, solar panels in Mansfield Center typically cost about 2.94. To account for the typical energy needs of the average home in Mansfield Center, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs about $8,911, or $12,743 before the federal solar tax credit of 30% is applied.
How much you pay can go above or below the average in Mansfield Center based on a few factors, such as the brand of solar panels you choose and the solar company you hire. Many homeowners find adopting solar power is a solid investment. The average homeowner in Mansfield Center can save about $22,000 on their energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Mansfield Center
| Year | Return on Investment |
|---|---|
| 1 years | $-7,930 |
| 3 years | $-5,969 |
| 5 years | $-4,007 |
| 7 years | $-2,046 |
| 9 years | $-84 |
| 11 years | $1,878 |
| 13 years | $3,839 |
| 15 years | $5,801 |
| 17 years | $7,762 |
| 19 years | $9,724 |
| 21 years | $11,685 |
| 23 years | $13,647 |
| 25 years | $15,609 |
Top Solar Installers in Mansfield Center
When switching to solar energy, many homeowners decide to hire a solar installation company since handling can be a difficult project. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for your family.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Mansfield Center
Factors that Affect Solar Panel Costs in Mansfield Center
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Mansfield Center: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,940 per kilowatt in Mansfield Center. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Mansfield Center average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Mansfield Center homeowners decide to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your total costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that has the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.06 | $12,842 | $21,145 | 9.4 years |
| 8 kW | $3.00 | $16,793 | $28,523 | 9.3 years |
| 10 kW | $2.94 | $20,580 | $36,065 | 9.1 years |
| 12 kW | $2.88 | $24,202 | $43,772 | 8.9 years |
| 14 kW | $2.82 | $27,660 | $51,643 | 8.7 years |
| 16 kW | $2.76 | $30,952 | $59,679 | 8.5 years |
| 18 kW | $2.70 | $34,080 | $67,880 | 8.4 years |
| 20 kW | $2.65 | $37,044 | $76,246 | 8.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Mansfield Center, MA Solar Cost FAQs
What is the average cost of installing solar panels in Mansfield Center?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $14,700 for a 5-kW system and $29,400 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to 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 energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,132.90 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.