Renewable energy is taking the roofing industry by storm with solar panels. Homeowners are being encouraged to choose this renewable energy source by financial incentives through a federal tax credit and rebates dependent on the state.
Are you a homeowner in the Harford County area interested in roofing industry news? In this guide, the experts at Tar Heel Construction, LLC will share all of the latest information on renewable energy roofing news and how you can save on your solar panel investment.
Keep reading to learn all about the benefits of renewable energy in roofing.
Renewable Energy Growth in the Roofing Industry
Renewable energy roofing through solar panels is a trend that continues to grow for homeowners across the country. Homeowners are drawn to solar panels by sustainability efforts, as well as other attractive benefits.
Examples of these benefits are self-generated clean energy, which results in lower energy bills, increased home value, and tax credits.
We will discuss more of these benefits below, as well as explain what a solar panel is.
What are Solar Panels?
A solar panel is a type of roofing material that turns sunshine into electricity. These panels are made up of solar cells, which are covered by glass and a metal frame. Once the electricity has been made, wiring inside the panel transports it to your home.
This electricity is then used for ordinary, everyday energy expenditures inside the home, such as using light fixtures, appliances, cooking, and more.
Solar Panel Roofing Benefits
- Clean energy: By producing clean energy, solar panels help reduce homeowners’ carbon footprints and promote sustainability. In addition, producing your own energy will also help lessen your energy bills.
- Increasing the value of your home: Investing in solar panels can increase the value of your home when it’s time to sell and move out.
- Federal tax credit: A tax credit is available for homeowners who choose to invest in eligible clean energy sources for their homes. This includes solar panels. This tax credit applies from 2022-2032 and offers valuable savings.
We will discuss the federal tax credit in greater detail below.
Federal Tax Credit for Solar Energy
In an effort to promote clean energy, Congress has passed a federal tax credit for homeowners who purchase and install solar panels. This tax credit is available for both homeowners and business owners and covers 30% of the installation costs of the solar panels.
This tax credit will run until 2032 and offers a valuable financial incentive for homeowners looking to explore sustainable roofing options.
Maryland Clean Energy Rebate
For homeowners in Maryland, there is a Clean Energy Rebate offered by the Maryland Energy Administration (MEA). This rebate’s purpose is to incentivize Maryland homeowners to install eligible renewable energy-generating systems for their homes.
Solar shingles and solar photovoltaic (PV) sheets are eligible for this rebate, but they must be in the eligible system capacity range. Currently, the minimum range to be eligible is 1 kilowatt direct current (kW-DC).
Solar Roofing Options in Bel Air, Maryland
Tar Heel Construction, LLC offers solar roofing services in Bel Air, MD as well as all of Harford County. We offer Timberline Solar™ GAF shingles, the latest solar shingles available from one of the biggest roofing manufacturers in the U.S.
Features of Timberline Solar™ shingles:
- First nailable solar shingle. These solar shingles were designed to be nailed into, creating a more durable and secure roofing system.
- Wind and water protection. Just like normal shingles, Timberline Solar™ shingles offer protection against wind uplift. They also offer water-shedding capabilities.
- Attractive and sleek. These solar shingles are thinner than most solar shingles in the industry, leading to a more sleek and aesthetically pleasing look. Because of the way they have been designed, they won’t add any unattractive bulk to your roof.
Tar Heel Construction roofing professionals are certified, licensed, insured, and committed to making sure their customers have 100% satisfaction. Our professionals have performed many solar energy jobs and have the experience necessary to ensure the job is done well.
For more solar energy questions, feel free to contact the experts at Tar Heel Construction, LLC.
For good reason, renewable energy has been making waves in the roofing industry. Solar panels offer homeowners a source of clean energy and tax credits, which can motivate even the most hesitant homeowner to consider switching over to solar.
If you’re a homeowner in Harford County and want to make the switch to solar, contact our roofing experts at Tar Heel Construction, LLC. We have the experience needed for any residential solar roofing project. With an A+ BBB rating, we are well-known for our commitment to quality roofing.
Contact Tar Heel Construction, LLC at (410) 638 – 7021 today with any questions you may have or if you are interested in a free estimate!
Frequently Asked Questions
Is solar roofing worth the investment?
Solar roofs are worth the investment if you value reduced energy costs and a source of clean energy for your home. While they are more money upfront to purchase and install, the federal tax credit offered can help offset 30% of installation costs.
What is the life expectancy of solar roof panels?
The life expectancy of solar roof panels will depend on several factors, but a general estimate is around 25-30 years. Factors that can affect how long your solar roof panels will last include your climate and weather and the chosen roofing materials.
Can you finance a roofing project?
Your options for financing a roofing project will depend on your roofing contractor, as not all will offer financing options. Tar Heel Construction, LLC offers different financing options up to $65,000.