Solar Panel Cost Guide in Freeport, TX (2024 Update)
- Freeport Solar Installation Cost: $17,014
- 25-Year Savings: $23,882
- Payback Period: 11.3 Years
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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 typical cost of solar panels is 3 per watt.Since a 7.3-kW system is needed to cover the energy consumption of a typical home in Freeport, the average price of going solar will be about $17,014 after claiming the federal solar tax credit of 0.
These figures are just estimates, and how much solar costs for you may vary based on your specific situation and what company you go with.With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Freeport find installing solar panels can pay off big.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Freeport
| Year | Return on Investment |
|---|---|
| 1 years | $-15,184 |
| 3 years | $-11,525 |
| 5 years | $-7,866 |
| 7 years | $-4,207 |
| 9 years | $-548 |
| 11 years | $3,112 |
| 13 years | $6,771 |
| 15 years | $10,430 |
| 17 years | $14,089 |
| 19 years | $17,748 |
| 21 years | $21,407 |
| 23 years | $25,066 |
| 25 years | $28,725 |
Top Solar Installers in Freeport
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring an installer can make your swap to solar power much easier. Plus, if you’re not certain what brand of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Freeport:
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 Freeport
Factors that Affect Solar Panel Costs in Freeport
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that will push your cost above or below the average in Freeport: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,330. The kind of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Freeport, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $3.46 | $14,545 | $16,384 | 11.8 years |
| 8 kW | $3.40 | $19,021 | $22,219 | 11.5 years |
| 10 kW | $3.33 | $23,310 | $28,240 | 11.3 years |
| 12 kW | $3.26 | $27,413 | $34,447 | 11.1 years |
| 14 kW | $3.20 | $31,329 | $40,841 | 10.9 years |
| 16 kW | $3.13 | $35,058 | $47,421 | 10.6 years |
| 18 kW | $3.06 | $38,601 | $54,188 | 10.4 years |
| 20 kW | $3.00 | $41,958 | $61,142 | 10.2 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 pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Warranty: If you’re concerned about the longevity of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Even though reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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 Freeport, TX Solar Cost FAQs
What is the average cost of installing solar panels in Freeport?
The average cost of solar panels in Freeport is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Freeport?
Solar panels aren’t free in Freeport, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is making the switch to solar worth it?
Solar panels can be a good investment for many 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 pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having 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.