Solar Panel Cost Guide in Freeport, TX (Mar 2023)
- Freeport Solar Installation Cost: $13,746
- 25-Year Savings: $23,880
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Freeport
We go over average solar pricing in Freeport.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Freeport, the average cost of solar panels is 2.69 per watt. To account for the typical energy needs of the average home in Freeport, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $13,746, or $19,657 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Freeport homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $20,000 on electricity bills over 20 years, many homeowners in Freeport find investing in solar has a decent ROI.
You can click the button below to get connected with a vetted solar company in Freeport that can help you get a more accurate cost estimate for your home.
Solar savings over time in Freeport
| Year | Return on Investment |
|---|---|
| 1 years | $-12,241 |
| 3 years | $-9,231 |
| 5 years | $-6,221 |
| 7 years | $-3,211 |
| 9 years | $-201 |
| 11 years | $2,809 |
| 13 years | $5,819 |
| 15 years | $8,830 |
| 17 years | $11,840 |
| 19 years | $14,850 |
| 21 years | $17,860 |
| 23 years | $20,870 |
| 25 years | $23,880 |
Top Solar Installers in Freeport
Installing solar panels yourself can be a time-consuming project, which is why getting a solar installation company is a good option for many homeowners. Companies can also offer access to quality options of the best solar panels and help you choose which one will be best for you.
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 nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Freeport
Factors that Affect Solar Panel Costs in Freeport
There are many factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. There are a lot of different solar panel brands and the one you choose also affects the cost. Typically, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Freeport have solar loans, which reduce the initial cost of installing solar panels. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Freeport, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk 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 discount can bring their pricing lower to compete with bigger names.
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 | $19,180 | 9.5 years |
| 8 kW | $2.74 | $15,365 | $25,875 | 9.3 years |
| 10 kW | $2.69 | $18,830 | $32,720 | 9.1 years |
| 12 kW | $2.64 | $22,144 | $39,716 | 8.9 years |
| 14 kW | $2.58 | $25,308 | $46,862 | 8.8 years |
| 16 kW | $2.53 | $28,320 | $54,159 | 8.6 years |
| 18 kW | $2.47 | $31,182 | $61,607 | 8.4 years |
| 20 kW | $2.42 | $33,894 | $69,206 | 8.2 years |
How to Save on Solar Panels
There are many companies available in Freeport, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Freeport, TX Solar Cost FAQs
What is the average cost of installing solar panels in Freeport?
This is a hard question to answer exactly, because the cost depends on many 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. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Freeport is currently $110,987, which means you can look forward to a value of about $4,550 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Freeport is a rewarding investment.
How long do solar panels last in Freeport?
Although 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 their energy production 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.