Savings For Doing Solar At The Same Time As Roof

As the first data table illustrates 20 year electricity savings from solar can be significant ranging from the low end of 10k to almost 30k.

Savings for doing solar at the same time as roof. Even though rooftop panels extend the life of a roof it s better to begin with a roof that s newish or in good condition. The stronger and better the roof the longer your solar panels can do their. However it is important that people realize that solar savings grow over time as utility prices increase. The result is a product that produces a better return on investment and a more durable roof at the same time.

As a result when you pair solar with a roof replacement the panels actually extend the lifetime of the portion of the roof that they cover. The other benefit of pairing solar and a roof replacement together is that if you re installing on a new roof it s unlikely you ll need to re roof during the lifetime of the system. When we installed our solar roof my analysis estimated we would save more than. As can be seen in the graph the solar saving are sizeable when totalled over the life of the system not just the first month.

The graph below shows the savings for the same customer over 25 years. One issue with installing rooftop solar is the pre existing condition of the roof. The price you currently pay to buy electricity from the grid. So in the past few months several people ended up calling in a roofer while we were together analyzing their solar proposals.

I would also go further and say that since you cannot do 50 of your roof if you need to do your roof in order to support solar then the entire cost of the roof is eligible for the tax credit. You generate renewable energy reducing or eliminating your electricity costs altogether. The savings you may see by going solar are dependent on two simple factors. The amount of money you can save with solar depends upon how much electricity you consume the size of your solar energy system if you choose to buy or lease your system and how much power it is able to generate given the direction your roof faces and how much sunlight hits it.

Replace it now if you want to go solar. Wood shake roofs which are more popular in the northeast have about a 30 year lifespan while cement shingles tend to retire around 20 years. When you install solar panels on your roof you are essentially turning your home into its own mini power plant. Slate and copper roofs can last roughly the same amount of time.

This to me is clear that roofing work that is done to support a solar system can be included as part of your tax credit claim. When you do the roof replacement look for products with the longest possible warranty at least a 25 year lifespan and more if you can afford it.