Green Roofs Financial

For one as with many other green strategies new rebates and tax deductions are cropping up that can help ease the financial burden.

Green roofs financial.

Green roofs typically cost two to three times more than a non green roof. Roof repair or replacement is a costly endeavor. 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. There are numerous financial incentives in nyc and other cities that encourage the construction of green roofs and solar systems.

New york city for example has a pilot program encouraging the installation of green roofs by offering tax abatements. Often there is a financial benefit too particularly with green roof systems. However you don t have to feel overwhelmed or alone. In the winter the soil and vegetation help buildings retain heat and lessen heating costs.

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. Read on for a quick overview of programs. 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.

Several communities in germany encourage green roofs by providing grants loans or other support. Although green roofs are not simple or cheap many cities recognize that long term benefits outweigh the initial cost concerns. Often the financial aspects of installing a new roof or repairing your existing roof are so overwhelming that a healthy roof may seem like an impossible goal. Green roofs improve the insulation qualities of a roof which reduces heat flow and cooling loads that can greatly decrease building energy costs.

Investing in a green roof is well worth it also in financial terms. Find out whether you can qualify today. 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.