TAX DEDUCTIONS
Federal: Energy Efficient Commercial Buildings Tax Deduction
The Energy Policy Act of 2005 established a tax deduction for energy efficient commercial buildings with qualifying systems placed in service from January 1, 2006 through December 31, 2008. The Emergency Economic Stabilization Act of 2008 (HR-1424) extends the benefits of the 2005 Act through December 31, 2013. Business taxpayers can receive a deduction equal to the cost of energy-efficient property installed during construction, up to $1.80 psf, for commercial buildings reducing annual energy consumption by 50 percent compared to minimum requirements set by ASHRAE Standard 90.1-2004. ASHRAE recognizes thermal insulation and reflective roofing as the two roofing technologies pertinent to this requirement.
www.energy.gov/additionaltaxbreaks.htm
REBATES AND INCENTIVES
The U.S. Department of Energy’s State Energy Program
(SEP) provides funding to states to design and implement
their own energy efficiency programs. Learn
what’s available from DOE; this site is updated regularly.
Many federal, state, and local governments and school
districts have adopted various types of LEED initiatives
and incentives. Click on the following links for information;
these reports are also updated regularly:
List of LEED Public Policies
Directory of LEED Projects and Case Studies
List of LEED Initiatives by Type (PDF File)
Summary of Government LEED Incentives (PDF File)
Another useful resource is the Database
of State Incentives for Renewable Energy. This site
compiles information state by state about energy efficiency
policies and incentives administered by federal and state
agencies, utilities and local organizations.
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