A Cool Roof Will Pay for Itself In Energy Savings over its Warranted Lifetime
UNDERSTANDING 'TOTAL ROOF OWNERSHIP COST'
There are 6 elements that drive 'total roof ownership cost'
Lifetime Metal Roofing is an Investment with Significant Property Appreciation Benefits
The biggest dilemma facing many home owners is the fact that they not do not plan on staying in their homes for 50 years. On average people move every 7 years, making it hard to justify spending 2-3 times the price for a 'lifetime metal roof' compared to a 'disposable' asphalt shingle roof. The Canadian Real Estate Association provides comforting information in this regard "properties with lifetime metal roofing systems generally enjoy a 5% market premium over properties with asphalt shingle roofing" The average house price in Canada exceeds $320,000, meaning properties with Lifetime Metal Roofing immediately sell for $15,000 -$20,000 more than homes with Asphalt Shingle Roofs.
'RASV' Ventilated Cool Roofs Pay for Themselves (with Interest) In Lifetime Energy Savings Costs
There are 6 elements that drive 'total roof ownership cost'
- Upfront Roof Costs
- Expected Roof Life
- Future Roof Replacement Costs
- Future Roof Maintenance Costs
- Associated Building Energy Costs Over Expected Roof Life
- Associated Property Appreciation/Depreciation Costs
Lifetime Metal Roofing is an Investment with Significant Property Appreciation Benefits
The biggest dilemma facing many home owners is the fact that they not do not plan on staying in their homes for 50 years. On average people move every 7 years, making it hard to justify spending 2-3 times the price for a 'lifetime metal roof' compared to a 'disposable' asphalt shingle roof. The Canadian Real Estate Association provides comforting information in this regard "properties with lifetime metal roofing systems generally enjoy a 5% market premium over properties with asphalt shingle roofing" The average house price in Canada exceeds $320,000, meaning properties with Lifetime Metal Roofing immediately sell for $15,000 -$20,000 more than homes with Asphalt Shingle Roofs.
'RASV' Ventilated Cool Roofs Pay for Themselves (with Interest) In Lifetime Energy Savings Costs
- Up to 45% of all Summer Energy Costs are directly related to the Cooling and Air Conditioning of Buildings.
- According to the OEB (Ontario Energy Board) the summer cooling cost of running an air conditioner with a cooling capacity of JUST 10 000 Btu/h in Toronto, Ontario ranged between $513- $628 in 2010 and that cost will by increase by 20% by 2013
- Investing in a Radiant ASV Metal Roof can save between $200-$250/year at TODAY'S ENERGY PRICES and OVER $40,000 in CUMULATIVE ENERGY SAVINGS over the WARRANTED LIFE OF THE ROOF. (see tables below)
- In Ontario- electricity prices are expected to double between 2011-2015