This parking garage owner hired Engineered Tax Services to conduct energy evaluations for parking garages in Arizona, Montana, California, New York and Florida. Our engineers analyzed the energy efficiency of building components, particularly lighting systems, to qualify the buildings for 179D energy tax deductions. These deductions resulted in a total of $397,300 in tax savings.
Location | Lighting | Square Footage | Accelerated Tax Benefit |
Peoria, AZ | $0.60 | 40,920 | $24,552.00 |
Helenda, MT | $0.60 | 91,725 | $55,035.00 |
Temecula, CA | $0.60 | 135,380 | $81,228.00 |
Brooklyn, NY | $0.60 | 135,901 | $81,540.60 |
Davie, FL | $0.60 | 258,242 | $154,945.20 |
Total | $397,300.80 |