Green Roofs Financial

Green roofing can extend the lifespan of a roof by over 200 by covering the waterproofing membrane with growing medium and vegetation this shields the membrane from ultra violet radiation and physical damage.

Green roofs financial.

However you don t have to feel overwhelmed or alone. Besides available federal and local tax incentives or grants green roofs offer substantial energy savings that can reduce costs elsewhere. Having a green roof can increase the lifespan of the roof and lower utility bills at the same time. In the winter the soil and vegetation help buildings retain heat and lessen heating costs.

New york city for instance recently passed a law that provides a one year tax abatement of 4 50 per square foot for buildings that install a green roof on at least half of their rooftop space. Green roofs typically cost two to three times more than a non green roof. Find out whether you can qualify today. Green roofs improve the insulation qualities of a roof which reduces heat flow and cooling loads that can greatly decrease building energy costs.

Although green roofs are not simple or cheap many cities recognize that long term benefits outweigh the initial cost concerns. Green roofs for healthy cities is working with local partners in a number of cities to develop cost effective direct and indirect financial support for green roof and wall implementation that meets local regional needs. As a national pace financing leader ygrene brings clean energy and sustainable home improvement projects to life. Provided that other cities follow suit you might be seeing more and more roof gardens.

The incentives from each technology can be applied to the entire system to dramatically reduce a customer s initial investment. With the initial cost of installing a green roof in mind there are many financial benefits that accompany green roofing. There are numerous financial incentives in nyc and other cities that encourage the construction of green roofs and solar systems. Read on for a quick overview of programs.

New york city for example has a pilot program encouraging the installation of green roofs by offering tax abatements. Roof repair or replacement is a costly endeavor. Often there is a financial benefit too particularly with green roof systems. Investing in a green roof is well worth it also in financial terms.