After a city and county ballot initiative passed in Denver, CO, a Denver Green Roof Initiative went into effect January 1, 2018. This affects commercial roofs with a gross floor area greater than 25,000 square feet. The Initiative requires that building owners have a percentage of the roof covered with vegetation (green roof) and/or solar power.
While the Initiative is interesting and environmentally friendly, the cost of roofing is going to increase two to three times. Roof pricing is estimated to increase to $25-$40 per square foot. In Denver, there are no utility or tax incentives at this time to offset the increased cost of the roofing,
Property owners need to be aware of similar referendums on ballots in cities and counties across the country and become informed voters. These initiatives are structured to help the environment and may also increase the costs of roofing. Ultimately, these initiatives will impact the way that property owners make roofing decisions.
Make sure you are aware of how this new code will impact your roofing decisions. To read more about the initiative, visit www.denvergreenroof.org.