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.