No matter if you’re new with solar power or you’ve been using it for quite a while, there are some things you should know before you invest in a new roof.
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Assessment of the condition of your roof
Conducting a thorough evaluation of your roof’s condition before installing solar panels an important step. Not only will it stop your from making costly errors but it also helps ensure that your panels stay in position.
The first thing to consider is the age of your roof. If it is over 10 years of age, then it may not be ready for the rigors installation of solar panels. If it’s less than 10 years old, then there may be some breathing space.
The most effective way to discover is by calling a reputable roofing company in your region and asking for an assessment. A roofer can tell whether your roof is suffering from any serious issues for example, leaks, dry rot, or other problems that may be hindering the performance of your panels.
Another way to find out is to use Google’s Project Sunroof. This site lets you input your address, and it will calculate your home’s exposure to sunlight. You can then compare your results with those of other homes in your neighborhood.
Durability of solar panels
Installing solar panels on your roof can boost your energy production and can save you money. It also reduces the carbon footprint. However, solar panels do require some maintenance. There are several methods to prolong the life of your solar panels.
First, make sure that your roof is prepared to receive solar. If you have tiles made of clay, you should be able change them to a more durable material. You might also look into a metal roof which is significantly stronger over asphalt roof shingles.
Then, ensure that your solar provider is reliable. A trusted solar provider will install your panels correctly and check for any problems after a few years.
Third, keep your panels clear. When debris is on your panels, it blocks sunlight from reaching your cells. It can also lead to scratches and chips.
Fourth, keep an eye on your solar panel’s performance. If it’s not producing enough electricity enough to pay your bills It could be time to replace the panels.
Cost of an entirely new roof
Adding solar panels to your home is an excellent option to lower your electricity costs. Also, it increases the value of your property. If you’re in the market to buy or sell a home by installing a solar power system can increase the chances of securing a better price.
The price of a new roof prior to the installation of solar panels can be wildly different. Based on Remodeling Magazine, a new roof can boost the value of your house by more than $17,000. A new roof fitted with solar panels can provide even better benefits since it will have a longer duration and greater durability.
The cost of a new roof might not be the same as the price for installing solar panels but if you tackle both projects simultaneously, you can save money on both projects. 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 combine installing solar panels with replacing their roof. This allows you to make a clear-cut plan, and also to get the work done on a schedule.
Solar financing and a new roof
Adding solar and a new roof for your home could be a great option to increase its value. It can also be an important hedge against rising electricity prices. The government continues to provide incentives for homeowners to benefit from the power of solar.
The government has introduced the tax credit of 30% for those installing solar panels. This credit works out to be about $9,000, which can be carried forward into the next year.
One of the most effective ways to finance your solar and roofing project is to take a house equity loan. The home equity loan can be described as a form of second mortgage which allows you to borrow against the equity of your home. If you have a large value of your house’s equity, then you might qualify for a loan of at least 85 percent the value.
In the event that you do not have a lot or equity to your house, you may still take advantage of a home improvement loan or a mortgage to fund the project. But, you’ll need to pay more interest.
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