EPAct Should Factor Into Project Planning
The Energy Policy Act of 2005 (EPAct) provides tax deductions for the installation of certain energy efficiency measures through section 179D. These measures must exceed (ASHRAE) 90.1 -2001 and can be installed at new or existing commercial properties. Your efficiency projects may be eligible for the maximum deduction of $1.80 per square foot of building space (including garages). This is...
Read MoreNew Year’s Resolution: Greater Efficiency, Less Taxes
The new year brings an opportunity to map a strategic plan to upgrade the lighting and HVAC systems at our facilities. The primary financial benefit of installing energy efficient equipment is lower energy costs. But certain systems may also qualify for tax incentives that will make your capital investments more cost effective. The Energy Policy Act of 2005 outlined tax benefits to commercial...
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