Benefits of Roof + Solar:
Compare Cash and Finance Options
When you know the facts, the decision is easy.
Buying a roof is an expense. You spend an estimated $12k and it turns into a roof. Totally worth it for a warm and dry house if that's your only option. You can see above, on day 1 you are net negative an estimated $12,000.
Buying a roof with solar is an investment. It pays you back for what you spend on it and then keeps paying you once it has paid itself off. And your house is warm and dry. You can see above that in the life of your roof you are net positive over $20,000.
Get a Loan
Financing a roof is an expense that keeps on taking. With a 10 year, 5% loan on $12k, you will end up paying an extra $4k+ in loan fees, but your house will be warm and dry. Totally worth it if that's your only option. You can see above at the end of your roof you are net negative $16,000.
FINANCE A ROOF + SOLAR: Financing a roof with solar is also an investment. In this option, when you consider the monthly energy earnings, you will pay less for a roof + solar than you will for a roof alone. You can see above at the end of your roof life, your are net positive about $15,000.
This is the difference of $ in your pocket after 25 years when you buy a roof vs when you buy a roof with solar. It's about $34,000.
You could buy a Tesla Model 3 with that money and breathe easier knowing you'll save another $1,000/ year on gas and maintenance.
This is the difference of $ in your pocket after 25 years when you finance a roof vs when you finance a roof with solar. It's about $33,000.
You could instead take your favorite people to Hawaii once every 4 years during the life of your roof.