Solar Panel Cost Guide in Morgan's Point Resort, TX (2025 Update)

  • Morgan's Point Resort Solar Installation Cost: $17,575
  • 25-Year Savings: $19,696
  • Payback Period: 13.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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Average Cost of Solar Panels in Morgan's Point Resort

We go over average solar pricing in Morgan's Point Resort.

The average cost of a solar panel system in Morgan's Point Resort is 3 per watt.To account for the typical energy needs of the average home in Morgan's Point Resort, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs around $17,575, or $25,132 before the federal solar tax credit of 0 is applied.

Bear in mind that the figures above are only estimates based on the average Morgan's Point Resort homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar panels is worth paying. On average Morgan's Point Resort homeowners see about $17,000 in savings on utility bills over 20 years.

To receive a free quote from a highly rated solar installation company in Morgan's Point Resort, you can click the button below.

Solar savings over time in Morgan's Point Resort

YearReturn on Investment
1 years$-16,143
3 years$-13,277
5 years$-10,412
7 years$-7,547
9 years$-4,681
11 years$-1,816
13 years$1,049
15 years$3,915
17 years$6,780
19 years$9,645
21 years$12,510
23 years$15,376
25 years$18,241

Top Solar Installers in Morgan's Point Resort

Many homeowners opt for a solar installation company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. The expertise that solar installers provide can be invaluable as well, especially if you aren’t sure what kind of solar equipment would be right for your home.

If you’d like to switch to solar energy but still aren’t certain which solar system company to go with, here are our recommendations for providers near you:

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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5
  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0
  • 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 Morgan's Point Resort

Factors that Affect Solar Panel Costs in Morgan's Point Resort

Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Morgan's Point Resort: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,330.There are a lot of different solar panel brands and the one you pick also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking to get 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

Most solar installers in Morgan's Point Resort have solar loans, which reduce your upfront costs of installing solar panels.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies in Morgan's Point Resort, and each can charge varying amounts for labor and equipment.Additionally, some companies in Morgan's Point Resort are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.46$14,545$12,42613.5 years
8 kW$3.40$19,021$16,94113.2 years
10 kW$3.33$23,310$21,64313.0 years
12 kW$3.26$27,413$26,53112.7 years
14 kW$3.20$31,329$31,60512.4 years
16 kW$3.13$35,058$36,86612.2 years
18 kW$3.06$38,601$42,31411.9 years
20 kW$3.00$41,958$47,94811.7 years

How to Save on Solar Panels

Since the type of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
  • Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one sign of a quality company.
  • Solar Panel Brands: Different companies will have various brands and models of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5
  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0
  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Morgan's Point Resort, TX Solar Cost FAQs

How much does it cost to install solar panels in Morgan's Point Resort?

This is a tough question to answer exactly, because the cost depends on a few different 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Morgan's Point Resort?

Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Is making the switch to solar worth it?

Solar panels can be a great investment for most 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 fairly low, solar panels might not be for you.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.

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.