Changing SQL Server to Use a Static, Non-Standard Port

Jack Vamvas has a cmdlet for us:

Question: I have an  SQL Server Instance – currently configured with a Dynamic Port. I’d like to change the setting from a Dynamic port configuration to a Static port configuration , using Powershell.

I want to change to a static port as we need to set up some Firewall rules , and using a static port will be much easier

How can this be done?

Click through for the answer.