Upgrade your building, Increase your bottom line
What is New for 2023?
Reduction in ASHRAE standards
25% Reduction as a starting point, with additional benefit per every percentage point improvement against ASHRAE 90.1 Standard in place 4 years prior to the date in which the building was placed in service.
Prevailing wage and apprenticeship enhancements
If prevailing wage and apprenticeship requirements are met then available deduction significantly increases with each additional percentage point above 25% up to 50%. Full deductions can now reach $5.00/Square Foot
Tax Exempt Building Owners can Indirectly Benefit
Allocations of the Section 179d deductions can be made by Tax Exempt Building Owners to designers of energy efficient commercial buildings. Design firms typically calculate a discount when pricing projects for Tax Exempt Building Owners because they can indirectly receive the tax benefits unavailable to the customer.
Recertification Process
Same buildings will be able to be recertified if additional energy improvements are made every 3 years for privately owned and every 4 years for government/tax exempt owned properties.
Huge REIT Benefits
REIT's will now be able to benefit from Section 179d in the year in which the EECBP was placed into service.
Display their FAQs
Customers have questions, you have answers. Display the most frequently asked questions, so everybody benefits.