Solar Panel Cost Guide in Freeport, TX (2023 Update)
- Freeport Solar Installation Cost: $13,744
- 25-Year Savings: $23,882
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Freeport
We break down average solar pricing in Freeport.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Freeport, the typical cost of a solar system is 2.69 per watt. Using this figure, a typical 7.3-kW system would cost about $13,746 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Freeport homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the significant upfront cost, the average Freeport homeowner can save about $20,000 on their electricity bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a vetted solar company in Freeport for a custom quote.
Solar savings over time in Freeport
Year | Return on Investment |
---|---|
1 years | $-13,618 |
3 years | $-13,368 |
5 years | $-13,117 |
7 years | $-12,866 |
9 years | $-12,615 |
11 years | $-12,364 |
13 years | $-12,113 |
15 years | $-11,862 |
17 years | $-11,612 |
19 years | $-11,361 |
21 years | $-11,110 |
23 years | $-10,859 |
25 years | $-10,608 |
Top Solar Installers in Freeport
Although you can install solar panels by yourself, it takes extra time and expertise. Because of that, most people choose a solar panel installer. A solar company can also help save you money over time by offering warranties, repairs and system component replacements.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 Freeport
Factors that Affect Solar Panel Costs in Freeport
There are many factors that can affect your solar panel 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
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,690. The brand and kind 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 have a higher price tag 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 more savings over time. Plus, 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 in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your total costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Freeport, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 | $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 tough, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Freeport, TX Solar Cost FAQs
What is the average cost of installing solar panels in Freeport?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally 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 additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Freeport?
Solar panels aren't free in Freeport, but there are some options that can make getting them more affordable, 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 much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,031.00 per year.
How long do solar panels last in Freeport?
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 their energy production will have decreased significantly after that point. You can choose 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.