Tax Credit on Metal Roofing
Metal Roofing Tax Credit Claims on Equal Rise with Steel Prices.
After bottoming out in the second quarter, rising steel prices are expected to increase consumer interest in tax credit.
Arizona, United States – July 22nd 2009: As global steel prices are set to start rising this month, having bottomed out of the market, Absolute Steel’s tax credit for buying an Energy Star metal roof has been put in place to even out the balance. Experts estimate that consumers looking to use metal roofing for their primary residence may find such a tax credit helpful in offsetting the cost of their metal roof.
A federal energy efficiency tax credit is awarded to home owners who opt for metal roofing that qualifies as an Energy Star product and metal roofing on top of that, metal roofing is more environmentally friendly than other materials. The available tax credit makes metal roofing one of the top choices, in spite of the rising steel prices.
Steel and metal roof manufacturer Absolute Steel ( http://www.absoluterv.com ) is expecting to see a rise in orders from home owners looking to utilize the tax credit before the end of the year.
“Metal roofing isn’t only environmentally friendly because it uses recycled steel” says Absolute Steel CEO Dean Thomas, “this material conserves heat and reflects sunlight better than others. It’s also easier to construct, meaning less machinery and a greater ability for customers to fit it themselves and save even more money.”
Interest in Energy Star’s tax credit for metal roofing is expected to rise next month as consumers look for an alternative way of funding assistance with their metal roofing construction. Home owners may find financing the construction difficult now that steel prices are on the rise, after they bottomed out in the second quarter of 2009. Federal tax benefits for Energy Star classified products are providing a ’win-win-win’ status for the government, the consumer and independent companies such as Absolute Steel.
Absolute Steel was founded in 1999 as a registered trademark of Absolute Storage LLC. They’ve since become America’s top source of metal roofing and steel building kits, having supplied all branches of the US Armed Forces with their products. The federal energy efficiency tax credit covers all of Absolute Steel’s Energy Star metal roofing products, including vertical panels and metal shingles with durable synthetic underlay. Absolute Steel believes this range will encourage customers and improve sales.
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