New York, New York (PressExposure) August 14, 2009 -- The cost of metal roofing is predicted to rise over the course of the next few months, following the recent collapse and subsequent recovery of the steel industry. While this means financial difficulty for some home owners looking to install metal roofing, the US Government is offering them a tax credit of up to $1500 for choosing such an energy efficient material such as Energy Star metal roofing products offered by Absolute Steel.
The federal tax credit comes as an initiative to start consumers installing energy efficient features into their homes. Using metal roofing means that roofing doesnât need as regular maintenance and replacing, and homes donât need to use their air conditioning and/or heating systems as much. Metal roofing is also constructed from recycled steel, making it far more energy efficient than the asphalt materials weâve been using for the past few decades.
âMetal roofing should be something that every US home has installed for the rest of the twenty first centuryâ says Absolute Steel CEO Dean Thomas, âThereâs no reason why weak and unreliable asphalt material should be being used over metal roofing especially when itâs not energy efficientâ
Following the fall and subsequent rise of global steel prices, industry experts had predicted that the numbers of property owners installing metal roofing would fall. Yet with the revelation of the Federal Governmentâs Energy Starâs tax credit, those numbers are in fact rising, leaving metal roofing companies such as Absolute Steel with thriving business prospects for 2009 and beyond.
Absolute Steel was established in 1999 and since then it has gone on to develop steel building kits and metal roofing with synthetic underlay, amongst other products which are covered by the Energy Star federal tax credit. Absolute Steel has remained the USâ top manufacturer of metal roofing and steel products despite the fall and current rise of steel prices. Itâs this staying power that has given the company such a boost that will continue as the industry recovers.