Energy Efficient Commercial Buildings Tax Deduction

EPAct

 

Federal program that allows a tax deduction for energy-efficient commercial buildings that reduce annual energy and power consumption by 50% compared to the American Society of Heating, Refrigerating, and Air Conditioning Engineers (ASHRAE) 2001 standard.

 

• Deduction, taken by owner*
• Up to $1.80/sf for reductions 50% above ASHRAE 90.1-2001 performance standards for Lighting, HVAC and Building Envelope.
  • OR 16.9% improvement in any one of these areas
  • OR Interim Lighting Rule
• Expires December 31, 2008.
• Requires
  • modeled with IRS approved programs
  • third party inspection
• *for public buildings, taken by designer

For further information visit http://www.energytaxincentives.org/business/commercial_buildings.php or http://www.efficientbuildings.org