If you’re just beginning to get started with solar power or you’ve been using it for quite a long time, there are points to consider before you decide to invest in the installation of a new roof.
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Assessment of the condition of your roof
A thorough assessment of your roof’s condition before installing solar panels can be an essential step. It will not only prevent the possibility of making costly errors but it also helps ensure that your panels stay in place.
The first thing to consider is the age of your roof. If it’s more than 10 year old, the roof might not be ready for the pressures of installing solar panels. If it’s just under ten years old, there may be some breathing room.
The most effective way to determine this is by calling an established roofing company in your area and requesting an evaluation. A roofing professional can inform you if your roof has any significant issues, like leaks, dry rot, or other problems that may be hindering the effectiveness of your panels.
Another method to determine is to use Google’s Project Sunroof. This site lets you input your address, and then calculates your home’s sunlight exposure. You can then evaluate your results against the results of other houses in the neighborhood.
Durability of solar panels
Having solar panels on your roof increases your energy production and helps you save money. Also, it reduces your carbon footprint. However, solar panels do require some maintenance. There are several ways to prolong the lifespan of your panels.
The first step is to ensure that your roof is ready for solar. If you have clay tiles it is possible change them to a more durable material. You might also consider a metal roof, that is much more durable than asphalt shingles.
Then, ensure that your solar provider is reputable. A reliable solar provider will set up your panels properly and check for any problems after a few years.
Thirdly, make sure your panels are clear. If you have debris present on the panels, this prevents sunlight from reaching your cells. This can lead to scratches and chips.
Fourth, keep an eye on your solar panel’s performance. If the panel isn’t producing enough power enough to pay your bills, it may be time to replace the panels.
Cost of an entirely new roof
Adding solar panels to your home is a great method to cut down on your energy cost. Also, it increases potential value for your property. If you’re in the market to buy or sell a property using solar power, installing a system can improve your chances of getting a higher price.
The cost of installing a new roof prior to the installation of solar panels can be wildly different. As per Remodeling Magazine, a new roof can boost the resale value of your home by nearly $17,000. A new roof fitted with solar panels can offer better benefits since it will have a longer life span and a longer lasting.
The cost of a new roof may not be exactly the same as the price of installing a solar panel but if you do both projects at the same time, you can save money for both of them. It is also possible to receive a discount on the two items through the local roofing business.
It is not unusual for homeowners to incorporate an installation of solar panels along with a roof replacement. This makes it easier to make a clear-cut plan, and to get your work accomplished on a timetable.
Financing solar energy and a brand new roof
The addition of solar panels and a new roof to your home can be an effective option to increase its value. It also can be a great hedge against rising electricity prices. It is a fact that the government will continue to provide financial incentives to homeowners benefit from the power of solar.
The government has announced a 30 percent tax credit for people that install solar panel systems. This credit works out to be about $9,000, which is able to be carried forward into the next year.
One of the best methods to finance solar and the replacement of your roof is with the mortgage on your home equity. The home equity loan can be described as a type of second mortgage that allows you to take out a loan against the worth of your house. If you own a substantial amount of equity in your home, you may be eligible for a loan at least 85 percent its value.
If you don’t have a lot of equity in your home, you can make use of an improvement loan for your home or a mortgage to fund the project. However, you’ll need be paying higher interest rates.