By Marco Industries.
There are many benefits of metal roofing, which you no doubt promote in order to help boost business. For many metal roof installers, the quality performance and warranties Marco Industries’ products provide are enough to help close a sale. However, another benefit of metal roofing just got added to your list. The Federal Property Tax Credits incentive for installing an energy efficient metal roof has been extended until December 31, 2020. This good news means homeowners can save money on a new roof and you can use this information to promote your services!
To take advantage of the tax credit, your customers will need to complete an additional IRS form (#5695). The maximum credit limit for roofing (in combination with all other applicable upgrades) is up to $500.
The tax credits are a direct result of the incredible energy savings potential of quality metal roofs, especially those which are ENERGY STAR-qualified and can help save energy by lowering roof temperatures. The Environmental Protection Agency estimates that an ENERGY STAR-qualified roof can lower roof temperatures by as much as 50 degrees F. That’s a lot of stress taken off your customer’s HVAC system. These “cool roofs” as they are sometimes called, can emit as much as 85 percent of solar heat gain to help keep homes cooler. The results: less wear and tear on the cooling system and decreased cooling costs.
Be proactive in promoting these tax credits to potential customers because they could be what closes the deal for a metal roof or swings a customer your way over another contractor who wasn’t as helpful and informative. You might even reach out to past customers as well. Homeowners who had you install a qualified metal roof as early as 2018, but who did not submit for a tax credit at the time, can receive a credit retroactively by completing IRS form #5695. While you’ve already gotten their business, it will create goodwill and word-of-mouth is a powerful new business tool.
For more information about tax credits that may be available for cool metal roofing and requirements, visit the ENERGY STAR website.
To learn more about Marco, visit www.MarcoIndustries.com. To contact Marco directly, you can email them here or call 1-800-800-8590.
Learn more about Marco in their RCS directory.
About Marco Industries
For more than 25 years, we’ve assembled the best people and capabilities in order to deliver superior quality and performance. But earning multiple Top 10 Product Awards, Rural Builders Gold Key Awards and more aren’t the goal. Customer satisfaction is. That’s why, in addition to industry-leading testing and certifications, we invest in innovative design and manufacturing, including the only specialized non-woven material manufacturing capabilities in the industry. Our corporate headquarters and almost 220,000 square feet of made in the USA manufacturing and warehousing are centrally located in Tulsa, Oklahoma. From here, and through five distribution facilities across North America, we deliver Marco quality coast to coast. Learn more at www.marcoindustries.com.
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