BriteSwitch News Articles > January 2009

It's not too late to get the EPAct Tax Deduction for 2008 Projects!

Tax Refund

Were you involved in a large lighting project in 2008? If so, that project may qualify for a significant tax deduction thanks to the Energy Policy Act of 2005. Because the EPAct certification does not need to happen at installation, any lighting project put into service in 2008 can still qualify for the deduction. That means you can save money when filing your taxes in April 2009, but you have to act now or you may lose the opportunity.

 

The size of the tax deduction can be very significant; lighting projects can qualify for a tax deduction of up to 60 cents per square foot, up to the total cost of the project. This deduction can significantly improve the payback period of the investment.

 

The complexity that EPAct brings can be frightening, but BriteSwitch can make it simple for you. We will complete all the paperwork, do the calculations to optimize the tax savings, and provide the final Certificate of Compliance. The final result will be all the documentation you need for your tax professional to file your EPAct tax deduction.

 

Click here to see exactly how BriteSwitch can help you or your customers.

 

 

Photo by David Paul Ohmer

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