Depending on the kind of permanent roof you purchase, you could be eligible for a tax break. On February 17, 2009, President Obama signed a stimulus bill (The American Recovery & Reinvestment Act of 2009) that made some significant changes to the energy efficiency tax credits. That means improving your home with qualifying energy efficient products in 2009 or 2010 can save you money by helping to lower energy consumption and costs, AND it will help pay for itself through the tax credit incentive.
If you purchase & install an energy efficient metal roof on an existing home, you can receive a 30% tax credit, up to $1,500!
What's more, a $1500 tax credit is truly an extra $1500 in your wallet. Tax credits are subtracted directly from "total tax liability," so a credit has a higher take-home value than a deduction.
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