Why a Solar Roof isn’t All Sunshine
Installing a solar roof may look like a tempting solution to a rising electricity bill. After all, it can improve the value of your home, you can earn back your investment with solar renewable energy credits, and you finally have some control over your rising electric bill. However, there are a few things to consider before making such an investment.
Know Your Roof
Solar panels are not a universal fit on every type of roof. For instance, if you have an older roof, it may be a lot more challenging to mount solar panels. That’s not to say it isn’t possible, but it will be even more costly to install. The concern of cost brings us to another matter.
Know Your Long-Term
Not only are the up-front costs intimidating, but there are also long-term costs you need to keep in mind. For instance, if you are not planning on staying in your current home for very long, then you will most likely not reap the benefits of solar. It typically takes around ten years to begin entering that sought-after payback period with a solar roof.
Know Your Costs
As we stated a moment ago, the costs are considerable, and you need to plan long-term. Additionally, you also need to know your current electricity usage because if your usage is low, then your savings with solar will be small as well. So, if you use very little electricity, and you live in an area with relatively reasonable electricity rates, it will take you even longer to hit that payback period.
Know Your Insurance
Homeowners insurance policies vary greatly. Depending on your particular plan your premiums may go up or down. Either way, you should investigate this potential change so you can avoid any surprises later on.
Know What’s Right for You
Just like almost anything else you can do to your home you should ask yourself if it’s right for you. If you use a lot of electricity or live in an area that charges high rates, then it might be right for you. If you’re a young homeowner that doesn’t plan on moving in the next thirty years, then it might be worth the investment. Whether a solar roof is or isn’t right for you, it’s important to consider all aspects that go into making such a substantial investment.
Whether you need a new roof, an emergency repair, or a new addition we are here for you. Reach out to us today for a free estimate on any of our services.