Website Offers Efficiency Tax-Break Info

Commercial building owners who want to learn more about new tax deductions for energy-efficiency investments have a new online resource, developed by a coalition of industry trade associations. The new website, www.efficientbuildings.org, provides background information and other resources for building owners.

03/01/2006


Commercial building owners who want to learn more about new tax deductions for energy-efficiency investments have a new online resource, developed by a coalition of industry trade associations. The new website, www.efficientbuildings.org , provides background information and other resources for building owners.

Building owners only have two years to take advantage of tax deductions for energy-efficiency investments , which can total up to $1.80 per sq. ft. To receive these deductions, related improvements must be placed in service in 2006 or 2007 and increase efficiency by at least 50%, with partial credit available for efficiency improvements that meet lower targets.

Calculating both the energy savings and the resulting qualifying deductions can be complicated, the site's developers say. The site provides an extensive question-and-answer section, along with links to industry groups and government agencies that can provide more information.

The site is sponsored by the Commercial Building Tax Deduction Coalition , which includes most leading building trade groups along with the U.S. Environmental Protection Agency . It was developed by the National Electrical Manufacturers Assn .





Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
2017 MEP Giants; Mergers and acquisitions report; ASHRAE 62.1; LEED v4 updates and tips; Understanding overcurrent protection
Integrating electrical and HVAC for energy efficiency; Mixed-use buildings; ASHRAE 90.4; Wireless fire alarms assessment and challenges
Integrated building networks, NFPA 99, recover waste heat, chilled water systems, Internet of Things, BAS controls
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Commissioning electrical systems; Designing emergency and standby generator systems; VFDs in high-performance buildings
Tying a microgrid to the smart grid; Paralleling generator systems; Previewing NEC 2017 changes
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me