Solar Panel Cost Guide in Mansfield, TX (2023 Update)
- Mansfield Solar Installation Cost: $14,370
- 25-Year Savings: $22,818
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mansfield
Let's have a look at the average cost of solar panels in Mansfield.
The national average cost of solar panels is $2.66 per watt, but in Mansfield it's 2.69 per watt. Using this figure, a typical 7.6-kW system would cost about $14,367 before the 30% federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Mansfield depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire. For most homeowners, the upfront investment in solar panels is worth paying. On average Mansfield homeowners see about $19,000 in savings on electricity bills over 20 years.
To receive a free estimate from a vetted solar company in Mansfield, you can click the button below.
Solar savings over time in Mansfield
| Year | Return on Investment |
|---|---|
| 1 years | $-14,246 |
| 3 years | $-13,998 |
| 5 years | $-13,751 |
| 7 years | $-13,503 |
| 9 years | $-13,255 |
| 11 years | $-13,007 |
| 13 years | $-12,759 |
| 15 years | $-12,511 |
| 17 years | $-12,263 |
| 19 years | $-12,015 |
| 21 years | $-11,767 |
| 23 years | $-11,519 |
| 25 years | $-11,271 |
Top Solar Installers in Mansfield
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be hard. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
If you'd like to start using solar energy but still aren't certain which solar panel installer to go with, here are our recommendations for providers near you:
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
The cost of installing a solar system in Mansfield can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Mansfield homeowners opt to finance their solar panel systems to offset upfront costs. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Mansfield, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. The company's size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.80 | $11,750 | $17,487 | 10.0 years |
| 8 kW | $2.74 | $15,365 | $23,617 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,898 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,330 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,912 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,645 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,528 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,562 | 8.7 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- 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 what the project timeline is.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
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
What is the average cost of installing solar panels in Mansfield?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Mansfield?
You can't get solar panels for free in Mansfield. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Mansfield?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.