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Comparing ROI of Solar Panels vs. New Home Siding

solar panel photo
Photo by ell brown

Increasingly, homeowners want to utilize those energy technologies that save them money. You’ve probably noticed solar panels on more and more homes lately, which is due in part to new tax credits and affordability options for buying and installing the devices. Often less apparent to the naked eye are the construction materials of the home that increase energy efficiency. TruLog™ steel log siding not only increases the energy efficiency of your home, it also saves you money upfront and over time. Steel siding can even be combined with solar panels on your roof to maximize energy savings.

Energy Savings of Steel Log Siding

When considering the return on investment as you remodel your home for better energy efficiency, factor in the following benefits of TruLog™:

  • Reduces energy consumption. Our foam-backed steel siding increases the energy efficiency of your home. You should see savings in utility bills after switching to TruLog™ from a less efficient siding.
  • Does not typically require frequent replacement. Your ROI can go way down if you have to replace your siding every several years, as is sometimes the case with vinyl siding. TruLog™ steel siding lasts for decades because of its durability.
  • No ongoing maintenance costs. Because TruLog™ does not require upkeep like wood and vinyl siding does, you see savings over the years which ultimately boosts your ROI.

Steel Log Siding vs. Solar Panels

Deciding whether solar panels are worth it can involve a lot of factors. The best return usually comes when you purchase your own solar panels, which nowadays can be done with loans and without an upfront cost. But there are also options to lease panels, although you’ll miss out on the credits, which go to the solar company instead. A recent article in the Boston Globe states that a household in Massachusetts paying $100 per month for electricity can save about $1,800 a year if they install rooftop solar panels.

The Boston Globe says it costs about $18,000 to $25,000 to buy and install the solar panels, before any tax credits and rebates. The panels typically last about 20 to 30 years.

What’s Right for Your Family?

If you want to increase the energy efficiency of your home, save on utility bills, and increase the resale value of your home, things like steel siding and rooftop solar panels can be really good options. Our experienced team can help you decide if steel siding is right for you, and you can even combine a new siding renovation with the installation of solar panels to maximize your savings.

To learn more about TruLog™ steel log siding, please contact our experienced team or call us at 970-646-4490. We believe in helping people find the siding option that will provide them with the best return on their renovation investment.

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