Contact Us to Save you over 70% on your Lighting Cost
  • Home
  • About Us
  • Applications
  • LED Lighting Process
  • CEME LED Lighting System
    • Tax Advantages>
      • Cost Segregation
      • §179D Deduction>
        • Deductions for Lighting Projects
      • Abandonment
    • Rebates & Incentives
    • Utility Bill Analysis
    • LED 100% Financing Option>
      • Municipal Option
    • Photometrics
  • Our Clients
  • Contact Us

§179D Deduction

In today’s economy, saving on operating costs has become an essential goal for commercial property owners. Many commercial property owners are looking to integrate sustainability into construction or retrofitting existing properties to save on energy usage and costs. If planned and executed properly, energy efficient construction or modifications can not only save on operating costs, but may result in significant tax savings.

The Energy Policy Act of 2005 - known as §179D - includes a tax deduction for investments in “energy-efficient commercial building property” designed to measurably reduce the heating, cooling, water heating, and interior lighting energy cost of new or existing commercial buildings. This energy-efficient commercial building property must be placed into service between January 1, 2006 and December 31, 2013.

If you are a building owner or a tenant/lessee who has paid for energy efficient construction or improvement projects, you may be eligible for a tax deduction of up to $1.80 per square foot for improving the energy efficiency of your existing commercial building or designing and integrating high efficiency into new buildings. (Interestingly, for government owned buildings, the person primarily responsible for designing the building or project may be able to claim the deduction.)

To qualify for the full deduction (whole building), a commercial property owner/building owner (or tenant) must make investments designed to reduce energy costs by 50% or more compared to an IRS predetermined baseline. Additionally, a partial deduction of $.60 per square foot is provided for building subsystems such as lighting, HVAC, hot water and building envelope. In order to qualify for the deduction, the taxpayer must receive a qualified third party energy efficiency certification.

We are not tax experts, so you are encourage to speak to your tax advisor(s).
Picture
Services
  • Cost Segregation
  • Abandonment
  • Tax Incentives
  • Rocky Mountain Power Incentives
  • LED 100% Financing Option
  • Utility Bill Analysis
    CEME LED offers the most expert, in-depth advice regarding these specialty areas, supporting and adding significant value to that of your existing financial advisors.
Is Your Energy Strategy Optimized?
  • Call us when you are ready to capture the benefits of LED lighting and the amazing monthly savings.
  • Call us before you present energy projects to your decision committee.
  • Call us to get your energy federal tax incentives right.
  • Didn’t capture federal incentives for energy projects you’ve already done? Don’t worry, it’s not too late if you act now while there’s still time.
                                                                                                                                Contact Us | FAQ | Legal | Privacy
Powered by Create your own unique website with customizable templates.