Penfolds Roofing Adds Solar Power to Its Product Line Up

Addition of Solar Signals Mainstream Adoption of the Renewable Energy Source in B.C.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 17, 2015) - Penfolds Roofing, one of B.C.'s most established and well-respected roofing companies, is adding solar installation to its list of services amid soaring demand for the renewable energy source across B.C.

Penfolds is offering solar power alongside its traditional roofing options now that the price of the technology has dropped, making it more accessible to average homeowners. A growing number of home and business owners in B.C. are requesting solar installations from Penfolds to help conserve energy and save money over the long term, especially as utilities costs continue to rise, says company president Ken Mayhew.

"Solar has gone mainstream in B.C., including in more sun-challenged Lower Mainland, because of its ability to generate electricity from the sun for owners' consumption with excess electricity going back to BC Hydro," says Mayhew. "We're pleased to be able to provide solar installations as part of our high-quality, professional roofing services."

Known as "net-metering" BC Hydro enables solar systems to provide electricity first for owners' consumption with any excess electricity from the solar system getting sent back to BC Hydro at the same electricity rate as BC Hydro charges.

Mayhew was encouraged to add solar installation to the business by his son Shaun Mayhew, sales and marketing manager at Penfolds. Both have been monitoring the explosion of solar installations throughout the world with the U.S. and Canada keeping up the pace. Penfolds is in the unique position of being a leader in the residential roofing market and by adding solar installations to its services, will enable a homeowner to add this solar power to their home without impeding their roof warranty.

Mayhew says a typical 4 KW system for an average home costs about $16,000. The average home will save approximately 40% of their annual electrical consumption and will create "savings" of about $60,000 over the 30-year solar lifecycle assuming electricity rates rise at about five per cent per year, as they have been in recent years.

"Solar panels insulate the homeowner's exposure to rate increases in the future," says Mayhew.

Penfolds uses satellite imagery to estimate a roof's solar potential, including benefits and cost. Customers can have their solar system installed, connected and inspected within four weeks. Penfolds solar systems also come with a roofing-protection guarantee.

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Penfolds Roofing Adds Solar Power to Its Product Line Up