Monday, November 22, 2010

Cool Roof $1,500 Dollar Tax Credit Scam

Do you have a cool roof such as PVC or TPO white flat roof, or metal roof not rated as “cool” by Energy Star?

Tough luck – you will not be getting that $1500 promised to you by the Economic Recovery Act, and here is why:

The energy-efficiency tax credit, so widely advertised by the government and roof manufacturers, turned out to be a scam for those homeowners who installed a truly “COOL ROOF” such as a white PVC or TPO roof, White Roof Coating, or even a Spray-Foam Roofing system. It reminds me a Bush-like patronage of the Big-Oil in terms of support which this Energy Efficiency Tax Credit Bill provides for Asphalt Shingles manufacturers, while cool roofing manufacturers and roof owners get screwed.

In the end, the tax credit applies only to Metal Roofing systems (which are cool as it is, even when you do not consider a cool-roof paint, such as Kynar 500 or Hylar 5000, and similar metal roof coatings), and – you got it – “cool” asphalt shingles, as well as other bitumen-based roofing systems which are considered “cool” by Energy Star and EPA.

Really – asphalt shingles??? Asphalt shingles would be the least energy efficient roofing system for sloped roofs. They store solar heat, and transfer it into your house even after sun goes down. An average color (not black) asphalt shingle roof goes up-to 165-170 F degrees on a 95 F degree day, and remains hot almost into the next morning.

The asphalt shingles manufacturers such as GAF, Tamko, Certain Teed and others, created a gimmick in form of Cool Roof shingles. OK – these shingles are lighter in color, and the granular surface is coated with reflective materials, but they still will be much hotter than any metal roof without Cool Roof paint / coating. And the cost a lot more than regular shingles – over $2500 extra on an average 20 squares new asphalt shingles roof. The roof prices for such “cool asphalt roofs” are very close to a metal roof such as Interlocking Steel shingles, and assuming a life span of average asphalt roof to be about 15-20 years, vs. Metal Roof life of over 50 years, it looks like a very bad deal for the homeowner. Keep in mind that both a Metal Roof and a cool asphalt shingles roof would qualify for the cool roof tax credit of up-to $1500.

Owners of true Cool Roofs are getting screwed to benefit the oil industry.
The most ironic fact in this story, is that this so called “energy efficiency tax credit” supports big roofing manufacturers, who use petroleum-based products to produce these supposedly cool roofs. And these “cool asphalt roofs” will end up in a landfill in 15-20 years, making our nation “even greener” than it already is. This reminds me of G.W. Bush era, when US was getting greener, but somehow big oil was getting more and more support form the government, while green energy and green building companies were struggling and there were minimal subsidies (if any) for any green or solar projects.

While the uncool asphalt shingles roofs do qualify for energy tax credit, the truly cool roofs are out of luck. Consider these facts:

A white PVC (and TPO) roofing membrane such as IB Flat Roof, reflects over 95% of solar heat. On a 95 F degree day, this white PVC roof will barely reach 100 F degrees. You can put your bare knees on this roof and it won’t burn your skin. Try doing that on a black surface roof such as rubber roof. You will jump up almost immediately, as your skin will start to “burn” when in contact with a 170 F degrees surface. Try to be in a room under such black rubber roof. Unless you crank your AC to maximum power, you will be sweating as if you were in a sauna.

There are some Metal Roofs, which do not have a cool roof coating, or are made from unpainted metals – so called mill finish metal roof. These metal roofs are still very energy efficient, even though they do not have a “Cool Roof” label.These roofs will be in fact much cooler that the “coolest” asphalt shingle roofs, or a cool modified bitumen roof, but its not cool enough to get you $1500 tax credit.

If you have a black roof (e.g. a rubber roof, tar roof or bitumen roof), and decided to either be “green”, or reduce your HVAC operation costs, or both, and hired a roofing contractor specializing in spray-roof coatings to install this liquid-applied white roof. Well, you too are out of luck…

So it does not matter if you have an “actually cool” roofing type on the roof of your home or business – you will not be getting your Energy Efficiency Tax Credit if you have any of the above mentioned roofing material types. Keep in mind that Energy Star actually recognizes white (and some other colors) PVC and TPO Roofing systems, as well as spray-roof coatings as Cool Roofs. They just did not include these roofing materials into the Cool Roof Tax Credit program.

It is unfortunate and a shame that real cool roofs and homeowners who invest in these premium priced roofing systems, get screwed, while an imitation products like cool asphalt shingles qualify for this $1500 tax credit.

*From: http://www.roofingcalculator.org/cool-roof-tax-credit-scam.php

1 comment:

  1. Nice and interesting topic! Looking forward for more update soon. Thanks for sharing.

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