New Website Provides Info on EPAct Commercial Energy-Efficiency Deduction

By Consulting Specifying Engineer Staff January 3, 2006

The Commercial Building Tax Deduction section of the Energy Policy Act of 2005, signed in August, established a new deduction for expenses incurred for energy-efficient commercial building property. The provision is effective for property placed in service from January 1, 2006 through December 31, 2007.

Commercial Building Tax Deduction Coalition has set up a website at www.efficientbuildings.org to provide information and guidance on how the new tax incentive works. In addition to educating the community about the commercial building tax deduction provision, the main objectives of the website are to promote the provision’s proper implementation and use, and keep the community informed about the activities of the coalition. The site also contains a list of related rules and links to resource organizations. All past press releases, articles related to the coalition, and other communications pieces can be found in the Press Room.

The Commercial Building Tax Deduction Coalition website was developed by NEMA/WEB, the web development arm of the National Electrical Manufacturers Association.