179D Case Study for New Constructed Commercial Building

LocationWhole BuildingLightingEnvelopeHVACSquare FootageTax Benefit
Curtis Junior High School $0.30$0.60 138,396$124,556.40
Curtis High School GYM$1.80   47,188$8,493.40
Northport Heights Elementary School $0.40  72,558$29,023.20
Panther Lake Elementary School  $0.60 55,188$33,122.80
Puyallup High School $0.50$0.60 21,931$37,282.70
Simpson Intermediate School $0.40$0.60$0.6037,756$37,756.00
5th Shore Elementary School $0.60$0.60 46,278$55,553.60
  $0.30$0.60$1.20138,705$124,834.50
Total    $527,067.60

 

All benefits granted to the designer and their architectural firm. 

 

179D Energy Policy Act

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.  The 179D energy deduction is available for newly constructed or energy renovated commercial buildings as well as apartment buildings 4 stories or more. Commercial property owners who pay taxes can claim the benefit with the exception of government-owned buildings where the tax deduction may be allocated to the designer. In order to qualify for these deductions, an analysis of your energy savings is required by a qualified firm like Engineered Tax Services. The savings are significant can additional tax benefits are often identified through the engineering process.  Contact ETS for more information.