This client received over $500,000 in 179D EPAct Tax Deductions for their Energy Efficiency Efforts

179D Tax Deduction

Winchester, Kentucky Public Building

An energy tax certification was performed on a Kentucky educational facility following the installation of energy efficiency assets which qualified for a $527,200 179D tax deduction. The 292,888 sq. ft. building qualified for the full $1.80 / sq. ft. tax deduction per the Energy Policy Act guidelines. This reduction of energy costs on a government building will result in reduced tax rates for the local community.

Although 179D has expired, there are still opportunities to take advantage of this tax credit before it is truly gone. As you file your taxes, remember candidates for 179D include buildings of private property owners placed in service between January 1, 2006 and December 31, 2016 along with architects, engineers and contractors of government buildings whom may go back three years to obtain this benefit.

  • New Construction, Renovation, and upgrades
  • Placed in Services Dates of: Jan 1, 2006 – Dec 31, 2016
  • Benefits Private Property Owner or
  • Architects, Engineers and Contractors (3-Yr Look-back)
  • Building Types: Schools, Government, Office, Retail, Hospitality, Industrial,
  • Manufacturing, Healthcare, Parking Garages

ETS performs a thorough engineering process to meet all the requirements and receive the maximum benefit for our clients.

Recent Posts

ENERGY STAR vs. ZERH: Tax Implications

Building a new home is an exciting endeavor, but it can also be a significant financial investment. Fortunately, the federal government offers a tax credit program incentivizing builders and developers to construct energy-efficient homes. This not only benefits the environment, but it can also put more money back in your pocket. This article will guide

Read More »
energy tax incentives

When Should You Consider Energy Tax Incentives?

If you’re exploring energy tax incentives for your next development, you’re already ahead of the game. Surprisingly, many developers overlook significant tax breaks like the 179D deduction—or they miss their chance to claim maximum benefits by not acting early enough. You may think of energy tax incentives such as 179D as a potential bonus to

Read More »
estate planning

Estate Planning for Investors: Unlock Tax Savings with Cost Segregation

Estate planning is essential for a smooth transfer of assets, and it becomes especially complex for real estate investors. To minimize tax burdens and maximize the value of your estate, it’s crucial to understand strategies like cost segregation. This tax-saving tool allows you to reclassify specific property components for faster depreciation deductions, which translates into

Read More »

Contact Us