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Are there any tax credits from the government (DOE, Fed, state or local.) or incentives from utilities or any other group to buy and install a “cool” roof?

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Are there any tax credits from the government (DOE, Fed, state or local.) or incentives from utilities or any other group to buy and install a “cool” roof?

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Yes. These vary by jurisdiction. The proposed Federal Government’s Energy Bill of 2002 contains tax credits for homeowners who install reflective metal roofing on new or renovated homes. Unfortunately, the bill has not yet passed in Congress. Incentives in mortgages are often tied to cool roofing, due to the energy cost savings over time. Utility incentives are available in local jurisdictions. Cool Community programs offer many building owners tax or energy credits for adopting cool roofing construction practices. There have been several cool roof rebate programs throughout the country, most notably in California, that offered building owners and contractors financial incentives for using cool roofing. The State Energy Offices (NASEO) and the Department of Energy could serve as good resources for more incentive information.

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