On October 3, 2008 the federal tax incentives for making a commercial building more efficient were extended as part of the Emergency Economic Stabilization Act of 2008. That means the Energy Policy Act of 2005, (EPAct 2005) has been extended for another five years to December 31, 2013.

 

For those not familiar, EPAct promotes energy-efficiency and conservation by providing attractive tax incentives in the form of accelerated depreciation of assets. According to the National Lighting Bureau, "the Commercial Building Tax Deduction encourages specification of high-efficiency lighting by giving owners an accelerated-depreciation benefit equal to the cost of the lighting system or lighting-system improvement, or $0.60/square foot, whichever is less." BriteSwitch can help you take full advantage of this program while optimizing lighting rebates at the same time.

 

You can learn more about EPAct 2005 and how it can help buildings improve their energy efficiency by visiting www.lightingtaxdeduction.org.

 

 

Photo by David Paul Ohmer