| If you own a business, "Can I save money on | | | | repairs and retrofits in the form of tax incentives. |
| taxes with an energy efficient roof?" The | | | | These projects are generally referred to as |
| governments of almost all nations are continuously | | | | "Federal Energy Efficiency Tax Incentives." |
| striving for new and innovative measures for | | | | In order to take advantage of such incentives, |
| energy consumption owing to the scarce | | | | solar reflective metal or asphalt roofing must be |
| availability of natural resources necessary in the | | | | installed. If the total cost falls below $5000 |
| generation of energy. Though these are being | | | | threshold throughout 2010, an energy efficient |
| researched, unless it is beneficial to an individual, | | | | roof can save you a significant sum when the tax |
| he/she is unlikely to undertake and follow the | | | | season arrives next year. |
| government's measures. This has led the | | | | However, this law is effective between 2009 and |
| governments to announce a tax credit for energy | | | | 2010 alone. Therefore, it is necessary to take the |
| efficient roofs. | | | | necessary measures as soon as possible within |
| In the United States, a 30% tax credit of the | | | | the end of 2010 and claim the tax credit. |
| total cost of roof materials is provided by the | | | | Other than the tax credit, there are also other |
| government. This has a limit of $1500 and this | | | | financial advantages of making the switch to |
| does not include the installation or the labor costs. | | | | energy-efficient roofing, such as lower heating and |
| Hence this is suitable for repairs in the later | | | | cooling bills. These roofs are reflective and high |
| stages. This rule has been recently passed in | | | | emissive in nature stating that the energy |
| 2009. | | | | necessary for air conditioning the buildings can be |
| President Obama has included these tax credits | | | | saved thus resulting in money savings as well as |
| for environmentally-friendly buildings as a part of | | | | preservation of environment. An energy-efficient |
| the economic stimulus plan to reward | | | | roof is a smart idea for your business. |
| homeowners who undertake energy saving home | | | | |