Solar Panel Cost Guide in Mandan, ND (2024 Update)
- Mandan Solar Installation Cost: $43,364
- 25-Year Savings: $37,622
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Mandan
Find out what the average cost of solar panels are in Mandan.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mandan, the typical cost of solar panels is 4 per watt.The average Mandan homeowner needs a 17.3-kilowatt system, which would cost about $43,364 with the federal tax credit, or $62,011 before the 0 tax credit is applied.
These figures are just estimates, and your own solar costs will most likely differ based on factors unique to your home and what company you go with.But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $15,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Mandan
| Year | Return on Investment |
|---|---|
| 1 years | $-42,078 |
| 3 years | $-39,507 |
| 5 years | $-36,936 |
| 7 years | $-34,365 |
| 9 years | $-31,794 |
| 11 years | $-29,222 |
| 13 years | $-26,651 |
| 15 years | $-24,080 |
| 17 years | $-21,509 |
| 19 years | $-18,938 |
| 21 years | $-16,367 |
| 23 years | $-13,796 |
| 25 years | $-11,225 |
Top Solar Installers in Mandan
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar panel installer can make your swap to solar power much easier. Solar warranties and repairs are often included in the cost of installation when you go with a solar contractor too, which can save you more money after your initial investment.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Mandan
Factors that Affect Solar Panel Costs in Mandan
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Mandan: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover 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 energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,580 per kilowatt in Mandan.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.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 reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can play a role in determining how much it costs. Mandan’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.72 | $15,637 | $7,571 | 16.8 years |
| 8 kW | $3.65 | $20,449 | $10,496 | 16.5 years |
| 10 kW | $3.58 | $25,060 | $13,621 | 16.2 years |
| 12 kW | $3.51 | $29,471 | $16,947 | 15.9 years |
| 14 kW | $3.44 | $33,681 | $20,473 | 15.5 years |
| 16 kW | $3.37 | $37,690 | $24,200 | 15.2 years |
| 18 kW | $3.29 | $41,499 | $28,127 | 14.9 years |
| 20 kW | $3.22 | $45,108 | $32,255 | 14.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The brand of solar panel you’d like to get plays a part in which company you should opt for, since different companies offer different panels.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Contract: Before signing a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Mandan, ND Solar Cost FAQs
How much does it cost to install solar panels in Mandan?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 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 usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Mandan?
Solar panels aren’t free in Mandan, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Mandan?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.