Commercial Tax Incentives

You could get up to $1.80 per square feet for Lighting, Envelop, and HVAC retrofits once you generate at least 50% savings on your energy consumption.

Notice 2008-40 of the IRS provides a process that allows a taxpayer who owns a commercial building and installs property as part of the commercial building's interior lighting systems, heating, cooling, ventilation, and hot water systems, or building envelope to obtain a certification that the property satisfies the energy efficiency requirements of § 179D (c) (1) and (d) of the Internal Revenue Code. Notice 2006-52 also provides for a public list of software programs that may be used in calculating energy and power consumption for purposes of §179D.

Partial deductions of up to $.60 per square foot can be taken for measures affecting any one of three building systems: the building envelope, lighting, or heating and cooling systems. These tax deductions are available for systems “placed in service” from January 1, 2006 through December 31, 2013.

PCCI is able to assist you in preparing necessary documentation to capture available energy provider, city, state, and federal rebates and tax incentives. Upon completion of our energy audit and energy savings retrofit, we will complete and submit certified Computer Simulation, Certification Letters and any other documentations to comply with any and all requirements by any city, state, and federal entity.

We also have the ability to certify your building for the Federal EPACT accelerated tax deduction. Contact us to fin out how!