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"Lighting the way to sustainability. . . . . ."
SmartFixture™ 5 – 7 Tax Depreciation Useful Life:



Fluorescent Troffers normally are treated as part of the building in a new install or building improvements in a retrofit situation, requiring such assets to be depreciated over 39 years. Due to its removable design, the
SmartFixture™ may be depreciated over 5 – 7 years. This SmartFixture™ difference provides an excellent level of income tax benefits compared to competitors lighting fixtures.

Arcalux® will assist your contractor in completing EPAct certifications to secure tax benefits of the project. Arcalux® also provides information regarding potential utility rebates in your geographic area.

 

EPAct 2005 Tax Deductions. EPAct 2005 provides a tax deduction, limited to an amount up to $1.80/sq.ft for exceeding ASHRAE/IESNA 90.1-2001 by up to 50%, to the property for which the energy efficient expenditures are made as part of new construction or renovations.

  • Deduction is limited to the capitalized energy efficiency investment for the year in which the energy efficient investment is made

  • The provision is effective for property placed in service after December 31, 2005 and prior to December 31, 2013.

  • Deduction can be allocated to design firms for energy-efficient commercial building property expenditures made by a public entity, such as public schools, hospitals or government offices

  • Alternate system-specific deductions are available for three building sub-systems – each up to $0.60/sq.ft: interior lighting; HVAC; building envelope

Interior Lighting Tax Deduction. Lighting energy consumption is estimated to represent approximately 1/3rd of commercial building energy use. As a result, lighting is recognized as a qualified energy savings system that is eligible for a partial tax deduction up to $0.60/sq.ft and not exceeding the costs incurred for the energy efficient interior lighting system.

EPAct / Tax

 

 

 

 

 

 

 

Energy Efficient Light fixtures - Arcalux Smartfixture
Arcalux Smartfixture