IRC 179D Energy Efficient Commercial Buildings Deduction

Many companies face the challenge of managing operational costs for buildings in the selection of energy efficient components over traditional building materials. IRC Section 179D provides tax deductions for certain energy efficient building expenditures, including retrofits. Companies that own or lease commercial buildings and certain residential buildings and choose to install energy efficient lighting, building envelope and HVAC property may be eligible to immediately deduct part or all of the costs associated with these assets.

Weaver Can Help

Our multi-disciplinary team of tax professionals offers experience in engineering, architecture, construction and valuation. We help companies determine whether assets qualify as energy efficient property and meet the certification requirements, and we calculate the energy and power efficiency reductions for purposes of claiming the deduction under §179D. Our team also assists clients in making the determination to pursue other energy related tax credits and incentives when applicable.