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Need a New Roof? Combine Roof Replacement with Solar Installation
If you are thinking about getting a new roof—you may want to consider adding solar at the same time.
And vice versa, if you decide to go solar, and your roof is within 6 years of needing to be replaced, it will be well worth it to do a re-roof prior to the installation. Solar panels are warrantied 25–30 years, which is similar to the lifetime of a roof. By doing both at the same time, you avoid needing to have your solar panels uninstalled then reinstalled after replacing your roof, which will save money in the long-run. Not to mention, increase the energy efficiency of your entire home.
Plus, that is not the only way you will save! When homeowners roll a new roof +solar PV system together, they increase their potential tax credit. Previously this amount was 26% back. BUT in 2023, this tax credit jumped to 30% tax credit back on the roof costs, as well as 30% back on the solar PV system. By going solar in the same calendar year that you get a new roof replacement, you become eligible for 30% back of the combined expense. (Tax Form 5698)
Let’s do the math : IF the cost to replace your roof is $10,000, (depending on the size of the roof and other factors), and the cost of installing your residential rooftop solar array is $20,000, then the combined total bill amounts to $30,000. Now when tax season comes around, you will take this amount and apply the 30% tax credit, which in this scenario equates to $9,000 that you are eligible to receive back.
If you are curious to find out what it will save you to replace your roof and go solar, Enter your email address here to get a customized, free solar energy + roof quote delivered straight to your inbox.