Replacing your roof and installing a solar system at the same time is a common occurrence and can be a great idea. Not only will a new roof allow your solar system to last longer, but it can also be an investment that increases the value of your home. The steps below outline the process of incorporating a roof replacement with your solar installation:
- Homeowner must select a third-party roofer and get a quote. (Clean.Tech does not provide roofing services)
- Get a signed CleanTech contract for the solar project using Sunlight Financial. Include any solar related adders (see article on Adders) in the Add-on 1 (ITC).
- Log into Sunlight Financial (request invitation to CleanTech SLF portal by emailing firstname.lastname@example.org) and initiate the solar loan process.
- Call Sunlight Financial to initiate a Home Improvement Loan for the roofing cost. There are over 20 different Home Improvement loans to choose from! See the article on Sunlight Financial.
- Alert Clean.Tech that a new roof will be completed for this home prior to solar installation during the post-contract call with the Customer Success team.
- The homeowner must coordinate with the roofer to schedule the roof replacement before Clean.Tech can proceed with the solar installation.
- The homeowner contacts Sunlight Financial to coordinate the disbursement of funds from the Home Improvement loan to cover the costs of the roof.
- Alert Clean.Tech when the roof is complete so we may continue the solar installation process as normal.
Commonly Asked Questions on this topic:
Q: Can a homeowner include the cost of the roof in the Investment Tax Credit (ITC) adder line?
A: We are not legally able to offer an opinion on tax matters. Consult a tax professional to properly monetize the solar ITC and other potential tax benefits.
Note: As of 10/23/2020, the ITC in the app is calculated at 22%
Q: How much does it cost to remove and reinstall solar if the homeowner wants to replace the roof later?
A: Clean.Tech would charge time and materials and require the homeowner to store the equipment onsite. This is why it is smarter to replace the roof now if the homeowner thinks the roof will not last 20+ years.