Solar Panel Cost Guide in Mansfield, TX (2024 Update)
- Mansfield Solar Installation Cost: $17,789
- 25-Year Savings: $22,818
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Mansfield
Let’s take a look at the average cost of solar panels in Mansfield.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mansfield, the average cost of solar panels is 3 per watt.Because a 7.6-kW system is needed to cover the energy needs of a typical home in Mansfield, the average price of going solar will be about $17,789 after claiming the federal solar tax credit of 0.
These figures are only averages, and the cost of going solar for you may differ based on your energy needs and what company you want to go with.With typical savings of about $19,000 on utility bills over 20 years, many homeowners in Mansfield find going solar can pay off big.
To receive a free quote from a vetted solar installer in Mansfield, you can click the button below.
Solar savings over time in Mansfield
| Year | Return on Investment |
|---|---|
| 1 years | $-16,368 |
| 3 years | $-13,526 |
| 5 years | $-10,684 |
| 7 years | $-7,842 |
| 9 years | $-5,000 |
| 11 years | $-2,157 |
| 13 years | $685 |
| 15 years | $3,527 |
| 17 years | $6,369 |
| 19 years | $9,211 |
| 21 years | $12,053 |
| 23 years | $14,895 |
| 25 years | $17,738 |
Top Solar Installers in Mansfield
Installing solar panels on your own can be a dangerous project, which is why getting a solar installer is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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
Factors that Affect Solar Panel Costs in Mansfield
For many Mansfield homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Mansfield, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Mansfield to be too steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time due to interest.However, the interest on solar loans also increases your total costs, so it’s important to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Mansfield, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that has the products, warranties and services you want and also fits 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 | $3.46 | $14,545 | $14,692 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $19,962 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,418 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $31,061 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,891 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,907 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,109 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,498 | 10.8 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 find the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: If you care about the longevity of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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, TX Solar Cost FAQs
How much does it cost to install solar panels in Mansfield?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for 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 further reduce the cost.
How will installing solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Mansfield?
On average, solar panels can last 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 amount 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.