Posted on: 8 August 2016
A new roof is no small expense, and--if you need one--you may find yourself wondering how you will be able to afford it. Would it help if the roof could somehow pay for itself over time? For many families, it would be a lot easier to come up with the needed cash for a roof if they knew that the money they're spending would find its way back to them sooner rather than later. If that sounds like you, take a look at a few ways your new roof could end up paying for itself.
A cool roof is any roof that's made or treated with materials that reflect the sun's rays instead of absorbing them. So, a cool roof could be a regular roof that's painted with a reflective coating or it could be a roof made from shingles containing reflective materials. Converting an existing roof to a cool roof might be an extra expense that you aren't willing or able to take, but if you need a new roof anyway, opting for a cool roof probably won't cost much more anyways. And the benefits of a cool roof can be substantial.
The way that a cool roof works is by reducing how hot the surface of the roof gets. Because the cool roofing material reflects the sun instead of absorbing heat, the temperature on the top of the roof stays lower which makes you AC more efficient. You can save up to 20% on your cooling bills because of the cooler roof. The effect is especially cost-efficient if you live in a warm climate. You can use a roof savings calculator to figure out how much you will save each year.
While you may not have been familiar with cool roofs, you've probably heard of solar roofs before. What you may not know is that you no longer have to mount large solar panels on top of your roof to take advantage of solar energy. Panels are definitely still an option, but you also have the option of using solar shingles instead. Solar shingles blend in with your regular shingles, but they contain thin, flexible, photovoltaic chips that absorb the sun and create energy.
Whether you choose panels or shingles, the benefit of a solar roof is that you create your own energy. Obviously, generating your own energy can take a substantial amount off of your electricity bills. And in the spring and fall, when the weather is nice and you don't need either your heater or your air conditioner to keep you comfortable inside your house, you may even see your electricity meter run backwards as your roof generates more energy than you're actually using. Solar roofs can pay for themselves faster than you might think. Typically, solar roof owners make their money back within seven to fifteen years. However, if you live in a state that offers generous incentives for going solar, it can take as little as two to four years to make your money back.
No matter what kind of new roof you choose, taking the opportunity to update your insulation can do a lot to help your home stay warmer in the winter and cooler in the summer, reducing your electric bill and helping you save some money.
Your best bet is to opt for spray foam or fiberboard insulation for your roof and attic. Not only do these insulation materials form an airtight barrier to stop air leaks, they can also help prevent water leaks, saving you the cost of repairing water damage if your roofing materials are ever damaged enough to leak.
If you're not excited about paying for a new roof, choosing a roof that can help you make some or all of your money back over time can help take some of the sting out of the price tag. Talk to a roofing contractor, such as Affordable Roofing & Gutters, to find out what kind of money-saving roof is right for you.Share