The cost of oil has a major impact on the price of roofing materials and shingles, and unfortunately for homeowners, oil prices have been steadily climbing. As a result, manufacturers are raising their prices by 5% starting May 15th.
Impact of oil costs on roofing materials
Why does the cost of oil have such an impact on the price of shingles? Asphalt, which is a key component of shingles, is made from crude oil. When the price of oil goes up, so does the price of asphalt, and ultimately, the price of shingles.
For homeowners who are in need of a new roof, this news may come as a shock. But there is a way to save money: book your appointment now. By scheduling your roofing project before May 15th, you can avoid the price increase and secure a lower cost for your roofing materials.
Should you replace your roof now?
But what if you’re not sure if your roof needs to be replaced? It’s important to get an expert opinion. A roofing professional can inspect your roof and let you know if it’s time for a replacement. Signs that your roof may need to be replaced include missing or cracked shingles, leaks, and visible wear and tear.
If you do need a new roof, it’s important to act fast. Not only will you be able to secure a lower cost for your roofing materials, but you’ll also be able to protect your home from further damage. A damaged roof can lead to leaks, which can cause water damage and even mold growth.
Don’t let the cost of roofing materials get in the way of getting a new roof. Book your appointment today and secure a lower cost before it’s too late.
