Are There Still Incentives For Upgrading A Commercial Property To LED Lighting?

Are There Still Incentives For Upgrading A Commercial Property To LED Lighting?

Working with LED lighting now for several years, we have seen rapid changes in the industry. We have evolved to what I call the “Expert” level by some trial and error, some shocks and awe at the improved quality of LED lights today, a whole lot of surprise at how an LED upgrade affects a customer’s bottom line, and a lot of listening to what our customers need and want. We understand this product!

As an expert in this field we have experience and networks that span the entire United States. We can predict an accurate return on your investment and we can save you LOTS of money on your electric bill!

We understand the various utility rebates available to help you defray installation costs and understand how to help you qualify for maximum benefits. There is also a federal tax deduction available for energy efficiency programs so out of pocket costs are lower than ever!

The 179D Tax Deduction is back for 2020. This is a tax deduction of up to 60 cents per sq. ft for owners of new or existing buildings who install qualifying interior lighting systems. There’s a bit to know about this deduction and full information can be found at: https://www.energy.gov/eere/buildings/179d-commercial-buildings-energy-efficiency-tax-deduction.

You should consult with your accountant first as an independent inspection may be required. But you may also find that you can combine the 179D tax benefit with available utility rebates in your area to reduce the total cost.

The most amazing news about all this is it’s easier than you think! And costs less than you can imagine when all is said and done.

There may be utility rebates in your area that will lower the overall costs even more! Call 844-277-0043 or email [email protected].

Awesome write up, extremely helpful information! The 179D Tax Deduction indeed has been extended and the savings will likely increase. $0.60/sq ft deduction is definitely real (for energy efficient interior lighting upgrades such as LEDs). If your clients have doubts about this substantial savings, have them contact us and we will help them get up to speed about the 179D tax incentives ??

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Fishel Frid

?????? ???? ????????????????, ??????: Saving ESCO’s hundreds of thousands of dollars with our financial and taxation audits. Ask me how!

3 年

LED lights are a good investment for commercial properties as they can save a lot of money on energy bills.

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