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What are the Financial Benefits of Installing a Solar Roof?

what are the financial benefits

Planning to give your rooftop the care it deserves? Confused about the various options available in the market? Are you in desperate need of some expert opinion? Well, if this is so, then you have us. Big Texas Roofing and Solar is a roofing company that proffers its services in and around Texas. We provide the most affordable roof installations, roof repairs, and roof replacements. With us, you don’t have to worry about the raw material or the final output.

We understand that installing a roofing system can, at times, seems like digging a hole in your pocket. But, what if we tell you that there is a roofing system that is less of an investment and more of a money-saving option. You all are very aware of how fast the world is adapting and investing in solar energy. Solar roof tiles are environmental and pocket friendly at the same time.

If you are wondering how, then this blog will answer all your questions. Let us help you understand it.

Net Metering
A term that is still very foreign to most of you, Net Metering is a system associated with a solar roofing system that is one of the biggest financial benefits of solar roofs. This system is basically sending all the extra energy that you do not use and claiming those back when you are in need. For instance, if you install GAF energy roof panels on your rooftop, it can generate a lot more energy than what you will utilize. Now, instead of wasting all that, you can send it to the electricity board and will store it as a credit. Therefore, the next time you are in need of free electricity, you can claim that from your back stock with the grid, and you would not have to pay any charges for that.

This system can save you from paying huge bills every month because you can ask the grid to deduct the credits from your bill too.

Financial Benefits of Solar Roof

In addition to the Net Metering system, there are other financial benefits of solar roofs.

Tax Incentives

Installation of solar roofing systems can be a little too high. Although it completely depends on your roof size and structure, on average, this roofing system usually costs somewhere between $15,000 to $25,000. 

But what if you get big incentives on this roofing style? Well, this is yet another financial benefit of solar roofs. ITC or Investment Tax Credit lets solar roof tiles owners remove 26% of the total investment on installation from federal taxes.

In addition to that, you can also check for other rebates and incentives in your locality for further benefits.

Long term Investment

No one wants to put their money on something that doesn’t even last for long. However, it is not like that with solar roofs. A good roof and well-maintained roof can stay with you for 25-30 long years. In fact, it can work at a bit lesser capacity after that too. On average, the degradation rate of solar tiles is 0.5%. Therefore, these can still run after 30 years with 85% capacity.

Hike Up property Value

Do you know properties with solar roofs can add to your house value by $20 for every $1 reduction on annual utility bills? All the financial benefits that come hand-in-hand with solar roofing show its direct impact on the sale value of your residence.
This works similarly to any other upgrade you make in your house. In fact, buyers have been investing USD15,000 on an average-sized house with a solar rooftop.

Energy Efficient

Yet another financial benefit of solar energy is its energy-saving property. Since solar panels transform sunlight into solar energy, this is then used to run various electrical appliances in a household for almost free. Along with running small electronic items, solar is also used to supply water to houses, heat water, and even run huge generators. This way, you can save a lot of energy by using this sustainable system.

Other Benefits of Solar Roofs

Now that we have understood why solar roofs are good for your budget in the long run let us take a look at some other benefits of this roofing system too.

Add To Aesthetics

Unlike the old solar panels, today, you have much better-looking solar tiles available. You now have a lot of colors, shapes, and sizes to choose from. Professionals even add wonderful designs on your rooftop with different colors and shapes. This directly can add value to your curb appeal, and therefore the exteriors of a structure can look pleasing while saving energy.

Goes Well With Asphalt Shingles

It makes no sense to cover your entire roof with solar tiles when the overall consumption of your house is way less than what the panels would produce. The ideal way here is to pair these up with asphalt shingles. These two roofing systems look good together and can be arranged in whatever way you want. Also, asphalt shingles are cheaper. Therefore, they compensate for what you spend on the solar tiles.

Easy Installation

Gone are the days when installing solar roofs would mean assembling small pieces, using too many tools, as well as creating a whole mess. Now, all a roof contractor needs is a nail gun and pre-assembled GAF energy timberline tiles, and you will have the rooftop ready in half the time as before.

Perfect For Sunny Locations

Places like Texas, where people encounter around 240 sunny days, are perfect for solar roofs. Since the tiles soak in sunlight to make solar power, it is best to go for this roof system when there are good returns. There is no point in getting solar tiles on your rooftop if your locality does not encounter bright sunny days a lot.

Go Solar!

We understand that solar roofs can be a bit costly at times. However, there are various roof financing options available that you can go for. In addition to that, this roofing system itself has financial and generic benefits for you to consider. So, if you live anywhere in Texas and want to go solar, we are here for you. Big Texas Roofing and Solar will offer you the best possible roofing services at the most affordable price, anytime you need them.

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