SILICONE ROOF COATINGS CAN EARN YOU MONEY IN REBATES, INCENTIVES, AND CREDITS
A very common reason for building owners and facility managers to fall in love with silicone roof coatings is the savings they can offer through “rewards programs”. Your state and your electric company may be able to save you money every month or every year if you install a silicone roof coating, depending on where you live and who your electric company is. Let’s look at how you may be able to save additional dollars based on the performance of silicone on your roof.
Tax Credits
Many states are offering tax credits to building owners that install a reflective roof on their building, either a coating or otherwise. These tax credits are in place because the states have realized that there is a benefit associated with reducing the urban heat island effect in our metropolitan areas. Check to see if your state is offering credits, it could save you significant amounts of money!
Energy Rebates
There are also many energy companies out there that have started monthly offering rebates to their customers that make energy conscious decisions, such as installing a reflective roof coating on their building. Silicone roof coatings are highly reflective, and if you install one on your roof, you can bet any rebates offered will apply to your building. Contact your energy company today to see if you qualify for monthly rebates to lower your bill.
Initial Incentives
Many energy companies and state governments are also offering incentives to building owners who install reflective roofs upfront, rather than on a monthly basis or at tax time. Some states and energy companies will pay you a set amount per square foot based on the material you are installing and the expected savings. Again, check with your local government and energy company to see if you qualify.
Conclusion
There are many opportunities out there for you to make silicone roof coatings work even harder for you in the way of incentives, credits, and rebates. Check with your state and local government, as well as your energy company to see if you qualify for the benefits described above.
