179D Energy Certification

Commercial Property Owners and Leaseholders Can Qualify for a Energy Efficiency Tax Deduction

"The commercial building deduction appears at new section 179D, which was enacted in the Energy Policy Act of 2005. The provision allows a deduction to a taxpayer who owns, or is a lessee of, a commercial building and installs property as part of the commercial building’s interior lighting systems, heating, cooling, ventilation, and hot water systems, or building envelope. Certification must be obtained to verify that the property installed satisfies the energy efficiency requirements of section 179D." -- Internal Revenue Service

Studies Indicate That More Than 80% Of Real Estate Owners Miss Out On Energy Deductions Available On Their Qualified Properties.

Who Qualifies?

  • Building owner at the time of building improvements
  • Public Buildings – The public owner may allocate the deduction to the designer (architect, engineer, contractor, environmental consultant, or energy services provider) for the taxable year that includes the date on which the property is placed in service.

179D Potential Candidates:

  • Upgrades, Renovations and Retrofits
  • New Construction
  • Private or Public Commercial
  • Commercial Residential (4+ stories)
  • LEED Certified Buildings
  • Green/Energy-Efficient Buildings
  • Types: Schools, Government, Office, Retail, Hospitality, Industrial, Manufacturing, Health Care, Parking Garages
  • Architects, Engineers and Contractors
  • Placed in Service Since January 1, 2006-2013 (current proposals recommend an extension in 2016)

Together with our team of experienced engineers, we can help you assess past, current and future projects for tax benefits and guide you through the certification process so you can start taking advantage of valuable tax savings and increase cash flow for your business right away.

Give Dugan & Lopatka, CPAs a call today at (630) 665-4440 to learn more.

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