Whether you’re just getting started with solar energy or have been using it for a while, there are some things you should know before you invest in an entirely new roof.
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Evaluation of your roof’s condition
Conducting a thorough evaluation of your roof’s condition before installing solar panels is an essential step. It will not only prevent you from making costly mistakes but it also helps ensure that your panels stay in position.
The first and foremost consideration 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 rigors that come with installing solar panels. But, if it’s just under 10 years old, then there may be some breathing room.
The best way to find out is to contact an established roofing company in your region and asking for an assessment. A roofing expert can tell whether your roof is suffering from any major issues, like leaks, dry rot, or other problems that could be compromising the effectiveness of your panels.
Another way to find out is to use Google’s Project Sunroof. This website allows you to input your address, and it will calculate your home’s exposure to sunlight. You can then examine your results against those of other homes in your neighborhood.
The durability of solar panels
Having solar panels placed on your roof will increase your energy production , and it can save you money. Additionally, it lowers the carbon footprint. However, solar panels do require some attention. There are several methods to prolong the life of the panels.
The first step is to ensure that your roof is prepared to receive solar. If you have tiles made of clay it is possible to replace them with a more durable material. It is also possible to consider a metal roof, that is much more durable than asphalt shingles.
Make sure your solar provider is reliable. A trusted solar provider will set up your panels properly and will check for any issues after a few years.
Third, keep your panels clean. If you have debris in your panel, it 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 to cover your bills then it could be time to upgrade the panels.
Cost of a new roof
The addition of solar panels to your home is an excellent method to cut down on your energy cost. Additionally, it can increase the value of your property. If you’re looking to purchase or sell your house by installing a solar power system can increase the chances of securing a higher value.
The cost of a new roof prior to installing solar panels can vary widely. Based on Remodeling Magazine, a new roof can boost the resale value of your home by over $17,000. A new roof with solar panels can provide even greater benefits, as it will have a longer duration and greater durability.
The price of a new roof might not be as high as the cost for installing solar panels, but if you do both projects at the same time you will save money in both tasks. It is also possible to get a discount on the two items through an established roofing company in your area.
It is not unusual for homeowners to combine installing solar panels along with replacing their roof. This makes it easier to establish a clear plan and get the job accomplished on a timetable.
Financing solar energy and a brand new roof
Adding solar and a new roof for your home could be an effective method to increase the value of your home. It can also provide a crucial protection against the rising cost of electricity. It is a fact that the government will continue to provide financial incentives to help homeowners benefit from the power of solar.
The government has announced a 30 percent tax credit for people installing solar panels. This credit works out to approximately $9,000 and is able to be carried forward to the following year.
One of the best ways to finance your solar panels and to build the replacement of your roof is with a house equity loan. Home equity loans are a kind of second mortgage which allows you to take out a loan against the worth of your home. If you own a substantial value of your house’s equity, then you could qualify for a loan of at least 85 percent its value.
Even if you’re not able to accumulate much or equity to your house, you may still take advantage of a home improvement loan or mortgage to finance the project. But, you’ll need to pay higher interest rates.