Other Costs and Benefits to Consider
With solar panels, you are eligible for a federal tax credit of 30% and different benefits on state taxes depending on where you live. This benefit is based on the efficiency and the IRS’s determinants of qualifications, so with the roof tiles, it is still debated if the entire roof is included on the tax credit.
The current costs of the solar tiles are not likely to go down any time soon as the technology is still so new, so if you are in the solar game for the tax credit, it might be a good idea to rethink that specific aspect of the process.
The return would not be quite as big as you would expect without that tax credit.
If you are not in the market for a new roof, solar panels are probably more your line of interest, because installing an entirely new roof can be around double the cost of just the panels, especially if it is a solar roof.
However, if your roof is in need of repairs or replacement, it might be worth it to get it all in one giant sweep, although it would still likely be more expensive than getting a new roof and separate solar panels.
There are ways to finance the roof and solar panels that might work for you and your budget. Both options are financially viable if you are prepared to spend a large amount of money, you just need to be aware of the potential differences in efficiency, cost, and how worthwhile the installation is.
To watch a video of a professional solar panel installation, click here.
Like solar panels, there is a warranty on solar roofs. Most panels are warrantied for 25 years and the panels usually last much longer and continue to produce energy efficiently.
However, because the roof tiles are such a new technology, no one is sure exactly how long the tiles will last. Some reports say that tiles are more durable than solar panels, and while that is another aspect we cannot necessarily predict, the main issue lies in the potential replacement needs.
After a few decades of use, a solar panel or some of its parts might need to be replaced because of less efficiency or wear and tear, and that is a pretty quick and simple process. But if a tile or set of tiles are needing to be replaced, that can pose a larger issue because it is part of your roof. Any changes or fixes to a solar roof are likely going to be very expensive and invasive, which leaves room for a roofing disaster.
Most solar panels also come with a warranty and customer support available.
When researching solar panels for longevity, make sure the installer provides a warranty and will be able to support you and your solar needs over time.
Solar tiles, like with any developing technology, have challenges that they have to overcome, but they still have issues that are ongoing, upcoming, and unforeseeable.
Regardless, developers and researchers are not shying away from conquering these obstacles to create a product that is competitive and can hold its own in the solar industry.
As with most new products, there is lots of room for growth. With the leaps and bounds that solar has made over the last decade, people working in the industry and solar customers are confident in the future of this innovation!
Lastly, the simple aesthetic of a solar roof is extremely attractive to some. It has got a nice look that is flat and unobstructive with nothing changing the look of the roof like panels might.
Although the solar roof is an innovative way to have sleek and renewable power, some solar companies, like Blue Raven Solar, will offer panels that match the color of your roof.
There are also mounting options for panels that give a flatter, seamless look.
Check out more information about low-profile panels here.
If you have money to spend while going solar, then the solar roof might be the way to go for you. Certain solar panels may also fit your needs.
Either way, you will have a new, sleek system powering your home and you will be going green.
We at Blue Raven Solar absolutely encourage you to get that roofing if that is the way you choose to go solar!