Redoing the roof will cost a significant amount of money, and many of us would rather spend on a home renovation product that will give our home a complete facelift. A roof does not figure high on the list of home renovation priorities. But an old roof can be a source of several problems.Â
Cracks, holes, and damaged shingles, among other problems can leak hot air in and out of your home, drastically increasing your power bills on air conditioning. Also, even small holes can let pests, reptiles, and birds into your attic and wreak havoc there. So, when it’s time to repair your roof, it’s best not to put it off.Â
That said, there’s an easy way to redo your roof without shelling out the expense out of your pocket right away — a solar installation.
How the New Roof Becomes Free
When you bundle your roof replacement with solar panel installation in New Jersey, the cost of your new roof is often covered by financial solar incentives. By taking advantage of NJ state and federal tax credits along with no-money-down financing options, you can replace your roof and add solar panels with $0 in upfront costs.
Are Solar Panels Free in New Jersey?
Solar panels themselves aren’t entirely free, but New Jersey homeowners can access several financial incentives to substantially reduce the upfront cost of going solar. With net metering credits, the 30% federal solar tax credit, and state incentives, you can reduce your installation expenses and enjoy solar savings right away. By offsetting upfront costs, these incentives can make it feel like you’re getting solar panels for free while upgrading your roof.
Benefits of Redoing Roof Alongside Solar Installation
First and foremost, you get a strong new roof that will support your solar installation for the entirety of its life. Once the installation is complete, the solar panels will offer natural protection to your roof against Mother Nature. So, your roof will last longer too.
Secondly, New Jersey solar installations are supported by readily available solar loans with incredibly low-interest rates. The good news is that the solar loan can be extended to cover your roof reinstallation. That way, you don’t have to pay an upfront cost for either your solar installation or your new roof.Â
Get a Solar Roof on Your Head
What’s truly amazing about solar loans is that even with a 15-year solar loan, the monthly payments will be significantly lower than your utility bills. In other words, when you go for a new roof and solar panels, you don’t just put off an immediate expense, you actually save money in the long run.
