Using the 179D Energy Tax Credits, we were able to uncover $3,422,924.84 in tax benefits which were all granted to the designer of the public schools and their architectural firm.
The 179D energy certification calculates the tax deduction achieved from the installation of energy-efficient assets, including HVAC, building envelope, and lighting. The building may qualify for up to $1.80 per square foot ($0.60 per square foot for each system); however, partial deductions are allowed for lighting.
