Metal Roofing Tax Credit Claims on Equal Rise with Steel Prices.
After bottoming out in the second quarter, rising steel prices are expected to increase consumer interest in tax credit.
Arizona,
United States – July 22nd 2009: As global steel prices are set to start
rising this month, having bottomed out of the market, Absolute Steel’s
tax credit for buying an Energy Star metal roof has been put in place
to even out the balance. Experts estimate that consumers looking to use
metal roofing for their primary residence may find such a tax credit
helpful in offsetting the cost of their metal roof.
A
federal energy efficiency tax credit is awarded to home owners who opt
for metal roofing that qualifies as an Energy Star product and metal
roofing on top of that, metal roofing is more environmentally friendly
than other materials. The available tax credit makes metal roofing one
of the top choices, in spite of the rising steel prices.
Steel and metal roof manufacturer Absolute Steel ( http://www.absoluterv.com ) is expecting to see a rise in orders from home owners looking to utilize the tax credit before the end of the year.
“Metal
roofing isn’t only environmentally friendly because it uses recycled
steel” says Absolute Steel CEO Dean Thomas, “this material conserves
heat and reflects sunlight better than others. It’s also easier to
construct, meaning less machinery and a greater ability for customers
to fit it themselves and save even more money.”
Interest in
Energy Star’s tax credit for metal roofing is expected to rise next
month as consumers look for an alternative way of funding assistance
with their metal roofing construction. Home owners may find financing
the construction difficult now that steel prices are on the rise, after
they bottomed out in the second quarter of 2009. Federal tax benefits
for Energy Star classified products are providing a ’win-win-win’
status for the government, the consumer and independent companies such
as Absolute Steel.
Absolute Steel was founded in 1999 as a
registered trademark of Absolute Storage LLC. They’ve since become
America’s top source of metal roofing and steel building kits, having
supplied all branches of the US Armed Forces with their products. The
federal energy efficiency tax credit covers all of Absolute Steel’s
Energy Star metal roofing products, including vertical panels and metal
shingles with durable synthetic underlay. Absolute Steel believes this
range will encourage customers and improve sales.
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