No matter if you’re new with solar power or you’ve used it for a time, there are a few important things to know prior to you make the decision to purchase an entirely new roof.
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Examining the condition of your roof
A thorough assessment of your roof’s condition prior to installing solar panels can be an essential step. Not only can it prevent the possibility of making costly errors but it also helps ensure that your panels stay in the right place.
The first thing to consider concerns the condition and age of the roof. If it’s more than 10 years of age, then it may not be ready for the demands of installing solar panels. However, if it is less than 10 years old, there may be some breathing room.
The best method to discover is to call an established roofing company within your area and asking for an assessment. A roofing professional can inform whether your roof is suffering from any significant issues, such as leaks, dry rot, or other problems which could compromise the efficiency of your roof panels.
Another method to determine is to use Google’s Project Sunroof. This website allows you to input your address, and then calculates your home’s exposure to sunlight. Then, you can examine your results against those of other houses in the neighborhood.
Solar panels’ durability
Having solar panels on your roof increases the production of energy and also saves you money. Additionally, it lowers your carbon footprint. But, solar panels will require some attention. There are several ways to extend the life of your 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. You may also want to think about a metal roof which is significantly more durable over asphalt roof shingles.
Make sure your solar provider is reputable. A reliable solar provider will correctly install your panels and look for any issues within a couple of years.
Third, keep your panels clean. If you have debris on your panels, it blocks sunlight from reaching the cells. It could also cause chips and scratches.
Fourth, monitor your solar panel’s performance. If the panel isn’t producing enough power to cover your bills then it could be time to replace your panels.
Cost of a new roof
The addition of solar panels to your house is an ideal method to cut down on your energy costs. Additionally, it can increase the value of your property. If you’re looking to buy or sell a house, installing a solar power system can improve your chances of securing a better price.
The cost of a new roof prior to the installation of solar panels can be wildly different. As per Remodeling Magazine, a new roof can increase the value of your home by nearly $17,000. A new roof fitted with solar panels can provide even greater benefits, as it will have a greater life span and a longer lasting.
The cost of a new roof might not be exactly the same as the price for installing solar panels, but if you do both simultaneously it can be cheaper for both of them. You may also be able to receive a discount on the two items through a local roofing company.
It is not unusual for homeowners to incorporate an installation of solar panels and a roof replacement. This helps you create a clearly defined plan and also to get the work completed on time.
Financing solar energy and a brand new roof
Adding solar and a new roof on your house can be a great way to boost its value. It can also be a great hedge against the rising cost of electricity. The government continues to offer financial incentives to help homeowners make the most of the benefits of solar.
The government has announced an income tax credit of 30 percent for individuals who install solar panels. This tax credit is estimated to around $9,000 that is able to be carried forward into the next year.
One of the best ways to finance your solar panels and to build roofing project is to take a house equity loan. The home equity loan can be described as a kind of second mortgage that lets you borrow against the equity of your home. If you own a substantial sum of home equity might be eligible for a loan as much as 85 percent its value.
If you don’t have a great deal amount of equity on your property, then you could make use of an improvement loan for your home or mortgage to fund the project. But, you’ll need to be paying higher interest rates.
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