Commercial building deduction
The Act contains provisions for commercial buildings that make improvements to their energy systems completed in 2006 and 2007 - to which these are eligible for tax deductions of as much as $1.80 per square foot. The incentives aim focus on improvements to lighting, HVAC and building envelope. Improvements are compared to ASHRAE 2001 standards.
Many buildings are eligible for tax deductions for improvements completed or planned within normal course of business. Achievement requires cooperation between energy divisions of a business and its tax department. On municipal buildings, benefits are guided through to architects encouraging innovative design.
Energy Management
The commercial building tax deductions can be used to improve the payback period of a prospective energy improvement investment.
Installations are “self-funding” within as little as 2 years, and the savings continue for the lifetime of the installation.
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WINDOW FILM
DEPOT, INC. 2009
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