179D-EE Property Deductions

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.