No matter if you’re new with solar energy or have used it for a while, there are some things you should know before you make the decision to purchase a new roof.
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Examining the condition of your roof
Conducting a thorough evaluation of your roof’s condition before installing solar panels an essential step. Not only will it stop the possibility of making costly errors, it can also ensure that your panels stay in position.
The first thing to consider concerns the condition and age of the roof. If it’s more than 10 years of age, then it might not be up to the demands that come with installing solar panels. But, if it’s under ten years old, you may have some breathing space.
The best method to find out is by calling an established roofing company in your region and asking for an assessment. A roofing expert can tell you if your roofing has any major issues, such as leaks, dry rot, or any other issues that could be compromising the efficiency of your roof panels.
Another way to find out is to utilize Google’s Project Sunroof. The website lets you enter your address and then calculates your home’s exposure to sunlight. You can then compare your results with the results of other homes in your neighborhood.
Durability of solar panels
Installing solar panels on your roof increases your energy production , and it saves you money. Also, it reduces the carbon footprint. However, solar panels require some maintenance. There are a few ways to prolong the lifespan of your panels.
The first step is to ensure that your roof is prepared for solar. If you have clay tiles then you’ll be able to replace them with a more durable material. You may also want to consider a metal roof, that is much more durable as asphalt roofing.
Second, make sure that your solar provider is reputable. A reputable solar company will set up your panels properly and check for any problems within a couple of years.
Thirdly, ensure that your panels are tidy. If you have debris present on the panels, this blocks sunlight from reaching your cells. This can lead to scratches and chips.
Fourth, be aware of the performance of your solar panel. If it’s not producing enough energy enough to pay your bills then it could be time to upgrade the panels.
Cost of an entirely new roof
Installing solar panels on your house is an ideal way to reduce your utility cost. It also increases potential value for your home. If you’re in the market to purchase or sell your home by installing a solar power system will increase your odds of getting a higher price.
The cost of a new roof prior to installing solar panels is subject to a range of variations. As per Remodeling Magazine, a new roof can boost the resale value of your house by more than $17,000. A new roof with solar panels can offer better benefits since it will have a longer life span and a longer lasting.
The price of a new roof may not be the same as the expense to install a solar system but if you tackle both projects at the same time you will save money for both of them. It is also possible to get a discount on the two items through an established roofing company in your area.
It’s not uncommon for homeowners to incorporate an installation of solar panels with a roof replacement. This makes it easier to establish a clear plan and also to get the work accomplished on a timetable.
Financing solar and a new roof
A new solar roof on your house can be a great option to increase its value. Also, it can provide a crucial protection against rising electricity prices. It is a fact that the government will continue to offer incentives for homeowners to take advantage of the power of solar power.
The government has introduced a 30 percent tax credit for those installing solar panels. The credit will approximately $9,000 and can be carried over to the following year.
One of the best ways to finance your solar system and get a new roof is through a house equity loan. The home equity loan can be described as a form of second mortgage that lets you take out a loan against the worth of your home. If you own a substantial sum of home equity might qualify for a loan of as much as 85 percent its value.
Even if you’re not able to accumulate 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 have to be paying higher interest rates.