Two of the ways building owners can benefit from energy efficiency projects are by performing a cost segregation study and qualifying for deductions under §179D of the Energy Policy Act of 2005. A cost segregation study identifies and reclassifies personal property assets to shorten the depreciation time for taxation purposes, which reduces current income tax [...]
In addition to the potential tax benefits available to commercial property owners through meeting the requirements of §179D of the Energy Policy Act of 2005 and performing a cost segregation study (see our blog post on this topic), hotel owners may benefit from additional tax strategies when planning energy efficiency projects. Effective Tax Strategies for [...]
As we are continually working to bring the latest news on incentives we thought we would share this great overview from our friends at Advanced Lighting Guidelines Online (ALG). ALG posted a great overview of an article by Craig DiLouie, published April 2012 by the Lighting Controls Association. Here's a synopsis: Lighting Control Rebates Triple Lighting has always played [...]
How to Pay for Energy Efficiencies through §179D Energy Tax Incentives Case in point: Based on a qualifying square footage (88,000) of a warehouse and lighting project that was completed, a building owner was entitled to a §179D deduction of approximately $53,000. Additionally, the company received an abandonment deduction of an additional $92,000 for removing [...]
San Ramon, CA – September 06, 2012 – The EnOcean Alliance has appointed Louis Hamer, Vice President, Product Strategy for SCL Elements/CAN2GO Inc., as Chair of the EnOcean Alliance Marketing Committee. Cindy Woudenberg, Director of Marketing for Capital Review Group, has been appointed as Chair of the North America Marketing Work Group. Mr. Hamer will [...]