Section 179D

179D Tax Deductions Extended until 2015

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April 8th, 2014 | Posted in Blog, Government, Rebates | No Comments

The Senate Finance Committee recently voted to approve a two-year extension of the Energy Efficient Commercial Buildings Tax Deduction, also known as Section 179D, as part of the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act. The provision allows a taxpayer to take a deduction equal to commercial building energy-efficiency expenditures made by the taxpayer | Read More

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Congress Needs to Re-Authorize Sec. 179D

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March 28th, 2013 | Posted in Blog, Economy, Government | No Comments

Commercial buildings consume 36 percent of all U.S. electricity each year. This consumption costs $190 billion and is responsible for 18 percent of U.S. carbon dioxide emissions.  Moreover, the Environmental Protection Agency estimates that 30 percent of the energy used in commercial buildings is wasted, on average. Unfortunately, the market is not aligned to encourage efficiency savings. | Read More

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Companies Ask Congress for Increased Retrofit Tax Incentives

Companies are campaigning for additional tax incentive provisions for existing building retrofits
May 11th, 2011 | Posted in Blog | No Comments

Eighty groups and companies related to the commercial real estate industry have signed off an a letter that asks congress to support the Obama administration’s Better Buildings Initiative and modify the Energy Efficient Commercial Buildings Deduction, also known as Section 179D of the Internal Revenue Code, to increase its effectiveness at encouraging retrofits of existing buildings. The letter specifically | Read More

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