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LIFE CYCLE COSTING OF ROOFS
Like the tires on your car, a roof is a depreciating
item that starts to wear out from the moment it is installed. Thus the
question of "How much?" must always be considered in the light
of "How long?" Moreover, just as you would never put your
family at risk by driving on bald tires, you don't want to put your
home at risk by waiting until ceiling stains evidence the need for a
new roof.
As we all know, depreciating items should be amortized
over their life cycle; the cost per year is the true cost of the product.
This reality explains why, at tax time, the government requires businesses
to claim a yearly depreciated portion cost, rather than a one-time capital
expense cost, on most major purchases.
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The following
graph compiled by the "Committee for
Firesafe Dwellings" shows the comparative cost per
100 sq. ft. of roofing material on a cost per year basis.
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By:
Brent Applegate - Past-President: Canadian Association of Home
Inspectors,
President: Applegate Ventures Ltd. - Roof Consulting Services,
Technical Manager: Unicrete Roof Tiles.
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Perhaps the most important bill former U.S. President
Bill Clinton ever signed was the American infrastructure life cycle
costing bill. Rather than compare bids on the basis of the best initial
price, it decrees that the actual cost per year of a road, bridge or
other infrastructure project over its entire estimated lifespan be factored
in. This will unquestionably save American taxpayers billions of dollars
by allowing the planners to choose the best quality materials, which
are almost always the best value when priced on an actual cost per year
basis.
Similarly, the spirit of the new Alberta Condominium Property
Act is based on the premise that condo owners should pay for their yearly
usage of the depreciating condo components -- roofs being a prime example.
This new legislation will drive condominium designers and owners to
specify more durable products such as concrete roof tiles. These types
of products may cost more initially, but are less expensive than cheaper
alternatives on a yearly amortized basis.
Many a product costs more initially but in the end, because
of quality and long life cycle, is actually far less expensive. The
15-watt florescent light bulb is an interesting case in point. It costs
around $20, (26 times more than its incandescent equivalent, a 60-watt
bulb costing 75 cents), but lasts ten times longer, 10,000 hours as
compared to 1,000. Thus with the 75-cent bulb you pay $7.50 for the
same hours of use as the $20 bulb, which seems a good deal even though
the 60-watt bulb has to be changed 10 times more often. But wait! Ten
thousand hours at 60 watts/hr is 600 KW hours, and at the present rate
of 11 cents will cost $66. Meanwhile the 15-watt fluorescent will use
only 150 KW hours for a total cost of $16.50. The more expensive bulb
will save you $37 (factoring in purchase price and power costs) over
its life cycle -- and is thus, in real terms, less than half the price.
This rational is why many condo boards are now choosing
maintenance-free exterior products like plastic decking components,
vinyl windows and trim, and other non-wood alternatives. Their initial
cost is higher, but amortized over the life cycle they end up far more
economical. Most concrete products also fit this profile, and fiber
cement siding and concrete roof tiles are becoming more commonly used.
Concrete roof tiles are reported to now be the roof covering of choice
in about 80% of the homes in Southern California and parts of Florida
and Arizona.
Life cycle costing should definitely be used when choosing
roofing material. In Europe, where the value of permanence is understood,
more than 70% of roofs are concrete, clay or slate. Even the least costly
of these -- concrete -- has a 100-year life expectancy and generally
carries a strong 50-year warranty. Slate and clay tile roofs have been
known to last several hundred years.
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Copyright
© 2002 Unicrete Products Ltd.
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