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3 Ways Your Roofing Material Can Affect Your Yearly Budget

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As a homeowner, you probably have a section of the budget dedicated to home improvement and upkeep. Roof replacement can put quite a strain on this budget, so you may be tempted to simply buy the cheapest roofing material you can find when your roof needs replacing. However, choosing a more durable and greener roofing material can actually confer long range benefits on your budget in future years. Here are three ways in which your budget may improve if you choose a green roofing material, such as naturally reflective tile or metal or even a "green roof" or rooftop garden.

1. Roof repairs and replacements 

Although the initial cost of replacing an asphalt roof with metal or tile can seem prohibitive, you may find that you will actually save money overall during the life of the roof if you choose one of these durable materials. This is because asphalt roofs need to be replaced every twenty-five years or so, and more durable roofs can last several times as long. Even the cheap variety of metal roof, known as tin roofing, can last twice as long as an asphalt roof. In addition, these materials are likely to suffer less wear and tear in normal circumstances than asphalt roofing could be expected to do. One reason for this is that metal roofing and tile are more durable than shingles, and another is that they're naturally reflective, meaning that they don't suffer from thermal shock like asphalt shingles do.

2. Air conditioning bills 

One of the great reasons to install a cool roof on your home is that it will help reduce air conditioning bills while keeping your home cool. A large proportion of the heat your home accumulates during the day comes through the roof. In fact, many homeowners find that they save over one-fifth on their air conditioning bills throughout the year with a cooler roof. In addition to simply installing a reflective roofing material, you can make your roof naturally cooler by using a reflective barrier, an attic fan, and shade, as well as by making the surface even more reflective with a cool roof coating.

3. Tax credits 

Because the federal government is trying to encourage homeowners and businesses to build green structures, you may find that when you install a cool roof you become eligible for a tax credit or other government subsidy. Unlike the air-conditioning savings and the roof repair savings, this is a one-time offer. However, you may be able to find multiple offers that are available in your area. If you want to be able to plan on this, you should look up the relevant grants before you decide which type of roofing to install. They may specify a certain type of roofing material or a certain product that you have to use to be eligible. 

These are only three of the benefits you'll find if you install a cool roof. Increased summer comfort, reduced air conditioning repair bills, and other benefits may apply as well.