Energy Efficiency Tax Deductions

What are some the program points?

• The lighting energy tax deduction is capped at $1.80/sq. ft for new buildings and expansions and $0.60/sq. ft for upgrades.
• Amounts above this threshold are deducted according to the normal depreciation schedule.
• The CBTD (Commercial Buildings Tax Deduction) expiration date has been extended twice, most recently by the Energy Independence Act of 2007 (EISA). With this extension, the CBTD can be claimed for qualifying projects completed before January 1, 2014.

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Where can I learn more about this program?

More information is available here, on a website created by NEMA – The National Electrical Manufacturers Association.