Government Rebates For Roofing
Government Rebates for Roofing: A Guide to Funding Your Roofing Project
Investing in a new roof can be a significant financial burden, but it doesn’t have to be. There are various options available to assist with funding your roofing project. This article will explore the various government rebates and grants that could help you cover the cost of your roofing project.
One of the most popular government roofing rebates available is for rooftop solar panels. The Inflation Reduction Act offers incentives for homeowners who make their properties more energy-efficient by installing rooftop solar panels. The law allows for up to 30% of the cost of new solar products to be subtracted from your federal taxes if you install it through the year 2032. The Residential Clean Energy Credit covers everything from the cost of the panels themselves to permitting and labor.
The Energy Star program, which is run by the U.S. Environmental Protection Agency and U.S. Department of Energy to promote energy efficiency, offers rebates and special offers based on a homeowner’s location. Many of those rebates are available for roofing products that reflect the sun’s rays, reducing the roof’s surface temperature and thereby lowering the amount of heat your home absorbs.
The Residential Energy Efficient Property Credit also offers incentives for making your home energy-efficient. Solar roofing tiles and shingles qualify for this credit. While traditional roofing materials don’t usually qualify, solar roofing materials do. Homeowners should consult with their contractor for more insight on projects that are eligible for tax credits.
In addition to these programs, the U.S. Department of Agriculture has offered funding to help low-income families secure housing as well as for home repairs and preservation. Government roofing rebates have fallen under this grant in the past, as have home repair grants.
The bipartisan infrastructure bill passed in 2024 means that there is now $3.5 billion available through the Weatherization Assistance Program. This program aims to increase energy efficiency and reduce energy costs for low-income households. Weatherization of homes begins with the roof, and roofers across the country are expecting heavy workloads as these programs are rolled out.
Although these government rebates and grants are available, it’s important to note that not every contractor in our network will honor them as a form of payment toward your project. Terms and conditions of government rebates or grants may differ depending on the project, time of year, location, and other variables. We recommend discussing your budget and payment options with your contractor at the time you receive your quote.
If you’re interested in pursuing any of these rebates or grants, it’s important to check your eligibility before applying to maximize your chances of securing the funds. Links to help check your eligibility for those programs are included below.
If you’re not able to secure government funding, there are still options available. Home improvement loans or opting for a 0% APR credit card can help fund your project when home repair grants and roof rebates come up short.
At Exterior Home Solutions LLC, located in Richmond, VA, we understand how important a new roof can be. We offer roofing replacement services to help you get the roof you need, regardless of your financial situation. If you’re interested in pursuing any of the government rebates or grants mentioned in this article, we can help you navigate the process. Contact us today to learn more about our roofing services.