Replacing Your Roof? A Great Time to Add Solar Energy
If you're thinking about replacing your roof, like millions of other homeowners - you may also be considering adding solar at the same time. An average of 2.3 million single-family homes per year will require a roof replacement over the next decade. However, if just a fraction of those homes go solar simultaneously, it will represent significant progress toward U.S. decarbonization goals. Here's what you need to know. First, costs : The average cost to repair or replace a roof is roughly $10,000. Of course, the time will depend on the materials used and other factors. According to the National Renewable Energy Laboratory (NREL), the average cost to install solar panels, for example, ranges from $7,000 to $13,000. Combined with a roof replacement, your final bill could run up to around $30,000; however, NREL researchers estimate that if you were to do both together, the average cost could be as low as $20,000, potentially saving you an average of $4,000. With any investment like...