Rising Roofing Costs From Tariffs | Drew Roofing

Can St. Petersburg Homeowners Save On Rising Roofing Costs In A Down Economy?

If you’re a homeowner in St. Petersburg, Florida, and are considering replacing your roof, you may be concerned about recent news reports regarding tariffs contributing to a rise in prices. There are many factors that contribute to the price of a roof replacement. However, one of the biggest concerns right now is the impact of tariffs on materials. The U.S. government has imposed tariffs on various imported goods, including key roofing materials like steel, aluminum and some shingle materials. These tariffs will likely affect prices and consequently, impact rising roofing costs.

The Impact of Tariffs on Roofing Materials

Tariffs are taxes or duties placed on imported goods. They can significantly affect the cost of materials that are commonly used in roofing projects. Since many roofing materials are imported from other countries, such as China, Canada and Mexico, these tariffs may lead to price increases across the industry. Some of the materials most impacted include:

Steel: Steel is a key component in roofing systems, especially for metal roofs. U.S. tariffs on imported steel may cause a rise in prices, increasing the cost of metal roofing materials.
Aluminum: Aluminum, used in various roofing components, is also subject to tariffs, leading to higher costs for certain roofing systems.
Asphalt Shingles: While not as heavily impacted by tariffs as metal roofing materials, asphalt shingles are still affected to some degree, with price hikes being passed on to consumers.

These increased costs could make roof replacement projects more expensive than they were just a few months ago. Homeowners may be seeing quotes that are higher than expected due to these rising material prices.

How Tariffs Might Affect Roofing Contractors Like Drew Roofing

Tariffs might also affect roofing contractors all across Tampa Bay. When the cost of materials goes up, contractors are often forced to increase their prices to maintain their profit margins. The price of labor may also rise as contractors adjust to the higher costs of doing business. In short, homeowners are not only paying more for materials but may also face higher labor costs due to the impact of tariffs on the roofing industry.

Additionally, supply chain delays are often a common issue as a result of tariffs. This can cause longer lead times for the arrival of materials. This, obviously, leads to further delays in your roof replacement project. Thus, adding even more uncertainty and cost to the process.

Ways Homeowners in St. Petersburg Can Save on Roof Replacement Costs

While the rising costs due to tariffs may seem unavoidable, there are still ways homeowners can save money on a roof replacement project. Here are some ideas to help reduce the financial impact:

1. Choose More Affordable Roofing Materials

While metal roofs and clay tiles can be appealing, they may not be the best option if you’re trying to save money. Consider more affordable alternatives like asphalt shingles or modified bitumen roofing, which may be less affected by tariffs.
Additionally, some roofing materials are more energy-efficient. This can save you money in the long run by reducing your utility bills. Contact Drew Roofing to learn more about which options might be best.

2. Consider Repairs Over Full Replacement

Opting for roof repairs instead of a full replacement can offer several key advantages, especially if your roof is still structurally sound. Repairs are typically much more affordable, making them a budget-friendly solution for addressing minor leaks, missing shingles or localized damage. They can also be completed quickly, minimizing disruption to your home and daily life. Most importantly, timely repairs can extend the lifespan of your roof, helping you avoid the higher costs of a full replacement for several more years. If your roof is mostly in good condition, repairs are a smart way to protect your investment without falling victim to rising roofing costs.

3. Time Your Project

Roofing companies often offer discounts during the off-season (late fall or early winter) when business is slower and temperatures are lower. This could be an opportunity to get a better price.
Avoid the peak summer months when contractors are in high demand and may charge premium rates due to the increased workload.

4. Look for Manufacturer or Contractor Rebates

Some roofing manufacturers and contractors offer promotions, rebates or financing deals that can help reduce the upfront cost. Ask Drew Roofing if there are any current rebates or discounts available for your roofing project.

5. Consider Financing Options

If the cost of a roof replacement is higher than originally budgeted, Drew Roofing has partnered with One Main Financial to offer reasonable financing options to spread out payments. Some programs may have low interest rates or even zero percent interest for a period of time, making it easier to manage the expense.
Additionally, check with your local government or energy providers for any grants or tax incentives for installing energy-efficient roofing materials.

If You Are Concerned About Rising Roofing Costs, Call Drew Roofing To Discuss Your Options

The current tariffs in the United States could have a noticeable effect on the roofing industry. As a result, homeowners in St. Petersburg, Florida, may not be immune to these rising roofing costs. While it may be difficult to avoid the impact of tariffs entirely, there are several strategies you can implement to save money on your roof replacement project. Call Drew Roofing at (727) 522-3739 to explore which options are best for you and your budget or contact us online here. Your roof is an essential part of your home. While saving money right now may be important, be sure to choose a solution that meets your needs without compromising on quality.