By ABC Supply Co., Inc.
Sustainability is more than recycling bottles and cans or conserving water in your daily routines. Sustainability is about creating long-lasting changes. There are many ways to add renewable energy (RE) sources to homes and businesses such as wind and water. However, wind and water sources may not always be accessible, solar power on the other hand is available all across the world. In fact, solar panels are a growing commodity in the roofing industry. And with their increasing popularity, if you’re thinking of expanding your offerings, solar might be a good option to provide customers. Use this guide to help you get started.
The solar roofing market is expected to grow to nearly $1 billion by 2025, and it’s estimated that 13% of U.S. homes will have a photovoltaic system (a system that turns light into energy) by 2030. With its solar roofing mandates, California has led the charge to adopt solar roofing, but interest in renewable energy is spreading around the country. That’s why we’ve begun expanding the number of ABC Supply locations that carry the complete solar roofing system, including panels, tiles, shingles, racking, inverters and storage. You can contact your local branch to learn more about the RE products available in your area.
Now could be the time to get into renewable energy and create a whole new revenue stream for your business.
Even if your customers aren’t initially considering solar rooftops, there are benefits you may want to point out. In addition to being environmentally friendly, solar roofing generates enough electricity to save them hundreds of dollars annually. Solar panels can pay for themselves in the long run. The average payback period is six to 10 years. That period could shrink even more with net metering, where unused solar power is stored on the utility grid and credited back to the customer. A home’s solar rooftop can also help offset the cost of charging the homeowner’s electric vehicle.
Plus, Congress recently passed a federal tax credit for solar photovoltaic systems. Until 2032, both homeowners and business owners could receive a tax credit for 30% of the installation cost by filing this form with their federal tax return. More information on how the tax credit works can be found in this FAQ from the Internal Revenue Service. (Home and business owners should seek professional tax advice to ensure eligibility for it.)
We’re keeping tabs on the solar roofing industry so that we can help you take advantage of opportunities that exist in your market. ABC Supply locations that offer solar roofing can provide information and even training on how to install solar roofing. You can also find training opportunities through the Department of Energy’s Solar Training Network.
ABC Supply makes offering solar roofing easier by stocking everything you need for installation, including the racking, inverters and batteries. We also load everything right onto the roof* you’re working on, helping you reduce your labor time – saving you time and money – and minimize safety risks.
*Rooftop deliveries not available in all markets.
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