EPAct 179D Retroactively Extended through 12/31/20
EPAct 179D: Save Energy, Save Taxes
The Energy Policy Act of 2005 (EPAct) was enacted creating immediate potential tax savings for building owners or architects and engineers based on the use of energy efficient improvements. Section 179D outlines the requirements for a maximum potential tax deduction of up to $1.80 per square foot of affected spaces.
At Energy Tax Savers, we know how to apply the tax law to make building energy equipment investments more profitable. As the first green tax firm, we help our clients achieve federal tax incentives aimed at making energy efficient investment as economically viable as possible.
The Benefits of EPAct 179D
The maximum deduction of $1.80/sq ft. is comprised of three partial deductions: up to $.60/sq ft. for
lighting, HVAC, or building envelope each.
Free Tax Benefit Assessments
Energy Tax Savers will review your project on a Complimentary Basis. Projects between 1/1/06 - 12/31/20 are eligible. For new construction, we typical look for the Architectural, Mechanical, Electrical and Plumbing drawing sets in .pdf. For retrofits we look for information on the project, like project cost, spec sheets, energy saving estimates as well as the project address and any drawings (New or Pre-Existing). Upon completion of our complimentary review, we will estimate your project's tax deduction as well as provide you with a fixed fee quote for your project. We look forward to reviewing your project.