Solar Panel Cost Guide in Mansfield, NJ (2024 Update)
- Mansfield Solar Installation Cost: $11,389
- 25-Year Savings: $8,358
- Payback Period: 16.5 Years
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Average Cost of Solar Panels in Mansfield
Find out what the average cost of solar panels are in Mansfield.
In Mansfield, solar panels cost about 4 per watt on average.To account for the typical energy usage of the average home in Mansfield, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,389, or $16,286 before the federal solar tax credit of 0 is applied.
These figures are only averages, and your own solar costs will vary based on your specific situation and what company you want to go with.Even with the large upfront cost, the average Mansfield homeowner can save about $14,000 on their energy bills over 20 years, which is one of the benefits of solar.
To get a free estimate from a pre-vetted solar installation company in Mansfield, you can click the button below.
Solar savings over time in Mansfield
| Year | Return on Investment |
|---|---|
| 1 years | $-10,149 |
| 3 years | $-7,667 |
| 5 years | $-5,185 |
| 7 years | $-2,704 |
| 9 years | $-222 |
| 11 years | $2,259 |
| 13 years | $4,741 |
| 15 years | $7,222 |
| 17 years | $9,704 |
| 19 years | $12,186 |
| 21 years | $14,667 |
| 23 years | $17,149 |
| 25 years | $19,630 |
Top Solar Installers in Mansfield
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with a solar panel installer can make swapping over to solar power much easier. Some solar installers, particularly local ones, can help you make the most of incentives in Mansfield, therefore optimizing your ROI.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
Factors that Affect Solar Panel Costs in Mansfield
While the average cost of a solar system in Mansfield is $11,389, your final cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid route because they lower your upfront costs and let you pay for your system over five to seven years on average.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you pick will affect your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.67 | $15,419 | $7,094 | 17.1 years |
| 8 kW | $3.60 | $20,163 | $9,854 | 16.8 years |
| 10 kW | $3.53 | $24,710 | $12,812 | 16.5 years |
| 12 kW | $3.46 | $29,059 | $15,968 | 16.1 years |
| 14 kW | $3.39 | $33,210 | $19,321 | 15.8 years |
| 16 kW | $3.32 | $37,164 | $22,872 | 15.5 years |
| 18 kW | $3.25 | $40,920 | $26,620 | 15.1 years |
| 20 kW | $3.18 | $44,478 | $30,566 | 14.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Installation Process: When making the switch to solar, it’s crucial to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project timeline.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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, NJ Solar Cost FAQs
How much does it cost to install solar panels in Mansfield?
The average cost of solar panels in Mansfield is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Mansfield?
Solar panels aren’t free in Mansfield, 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.
Does Mansfield have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Mansfield?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use 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.