Energy Tax Credit Expiring Soon

BUILDINGS - Smarter Facilities Management

12/01/2013

Energy Tax Credit Expiring Soon

Earn up to $1.80 per square foot for efficiency upgrades

 
Energy Efficient Building Tax Deduction is expiring soon.

Have you cashed in on the Energy Efficient Building Tax Deduction yet?

Mark your calendars – this tax credit, also known as EPAct, requires that your upgrades be put into service by the end of this month. Under Section 179D, the provision allows a deduction for improvements to a building's interior lighting systems, HVAC equipment, hot water systems, or envelope.

The amount deductible may be as much as $1.80 per square foot of floor area for buildings that achieve a 50% reduction in energy and power sts. Certification must be obtained to verify that the installation satisfies the energy efficiency requirements.

Owners can apply for the incentive if improvements were put in service in 2006 or later. Tenants are also eligible if they paid for the upgrade.

 

Search our Trade Pro Directory to find professionals that can help identify energy-efficient natural gas options that save energy and qualify for rebates to save you money.

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

Search our Trade Pro Directory to find professionals that can help identify energy-efficient natural gas options that save energy and qualify for rebates to save you money.

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


 
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