Take Advantage of the 30% Federal Tax Credit Through Solar Roofing

Many businesses have already demonstrated that an investment in solar energy is a smart move. But for those who are in a need of a new or replacement roof – it can be a brilliant move.

If your existing roof is even close to needing replacement, you might want to integrate a solar photovoltaic system at the time of replacement.  Since the new roof qualifies as the solar attachment system, it is now eligible for the 30% Federal Investment Tax Credit (ITC).

When the 30% credit is applied to the whole roof and solar bundle, the tax savings alone are usually enough to cover all the cost of the solar energy system. In effect, the value of the solar energy is enjoyed for the next 25 plus years at no or little extra cost. Additionally, the complete system may be depreciated with the advanced 5 year MACRS schedule afforded to solar power systems.

Due to the savings from the solar-roof bundle, we are helping some clients replace a roof several years before it was necessary to take advantage of this before the Investment Tax Credit sunsets in 2016.

RAMCON has the expertise and materials to ensure that your new roof and new solar system have matching expected useful life-times and warranties. Since most PV modules come with a 25-year energy production guarantee, it is important to select a roofing system that has a similar warranty and expected life-cycle.

RAMCON offers solar roofing solutions for TPO (as pictured), modified SBS and other materials which will perform under warranty throughout the whole life of the solar power system.

An investment in solar roofing allows you to:
•    Lock-in and levelize your energy expenses through a capital investment in solar power. Solar module prices have bottomed out and are not likely to go lower.  Interest rates are unusually low and can be used to lock in your energy bill at a levelized rate.
•    Apply the 30% tax credit and the 5 - Year MACRS to the entire solar roof project. The accelerated depreciation with the Year-One Bonus-50% allows you to Claim 60% in depreciation in the first year.
•    Attain the sustainable TRIPLE bottom line;  People, Planet and Profit. Solar Roofing earns LEED points and achieves corporate sustainability benchmarks which are increasingly demanded by retailers and tenants.

For more information on solar roofing and the Federal Investment Tax Credit (ITC), please visit www.RAMCONRoofing.com or call us directly at (877) 726-2661.