New York City, New York (PressExposure) July 23, 2009 -- As global steel prices are set to start rising this month, having bottomed out of the market, Absolute Steelâs 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.
âMetal roofing isnât only environmentally friendly because it uses recycled steelâ says Absolute Steel CEO Dean Thomas, âthis material conserves heat and reflects sunlight better than others. Itâs also easier to construct, meaning less machinery and a greater ability for customers to fit it themselves and save even more money.â
Interest in Energy Starâs 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 âwin-win-winâ 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. Theyâve since become Americaâs 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 Steelâs 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.