Energy tax credits increased for residential metal roofing

According to the Metal Roofing Alliance, by installing a new metal roof, consumers can reduce their tax burden, cut energy costs, help the environment and protect their biggest investment — their home.

As a result of the new stimulus package, homeowners who make energy-efficient updates to their home, including the installation of a painted or coated Energy Star labeled metal roof, may be eligible for a tax credit worth 30 percent of the material costs, up to $1,500 per home. To qualify, the metal roof must be installed between January 1, 2009 and December 31, 2010. The timing couldn’t be better to choose a durable, eco-friendly metal roof.

In addition to earning a tax credit, Energy Star-labeled metal roofs keep homes cooler in summer and warmer in winter, resulting in lower utility costs.

Many products made by the manufacturer members of the Metal Roofing Alliance qualify for the tax credit. MRA contractor members can be located at the MRA website at www.metalroofing.com

As more people are choosing to stay in their homes longer, the need to re-roof looms large. "Consumers have figured out that temporary doesn’t make sense," says Tom Black , Executive Director, Metal Roofing Alliance. "That’s why we call metal roofing investment-grade roofing, because it adds value and it lasts."

A typical asphalt shingle roof has to be replaced approximately every 20 years, making it a short-term solution with a long-term environmental impact. According to the National Association of Homebuilders, asphalt shingles contribute 1.36 billion pounds of waste to landfills every year.

A metal roof features significant recycled content. Metal roofs often outlast the home they’re on, require no maintenance and are 100 percent recyclable at the end of their useful life. As an added bonus for re-roofing projects, metal roofing can often be applied over the original roof, saving removal and disposal costs and reducing landfill waste.

Metal roofing offers a wide variety of finishes, designs and colors that provide greater energy savings compared to most other non-metal roofing products on the market today. Metal roofs resist cracking, shrinking and eroding and stand up to hail, high winds and wildfires.

According to McGraw-Hill Construction and Analytics(R), metal roofing has made a significant climb in the residential roofing market. With a market share of 11 percent in the re-roofing segment, and 10 percent overall, residential metal roofing is gaining quickly on competitors’ products. 

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