Commercial Building Energy Efficient Tax Credit in New York, NY
Energy Efficient Tax Credit For Commercial Buildings in New York, NY
Commercial buildings in New York, NY should take advantage of the energy-efficient tax credit to potentially make a significant impact on the building owner’s bottom line. Commercial buildings that demonstrate a 50% reduction in energy usage qualify for a tax deduction of up to $1.88 per square foot. Both existing buildings and new construction are eligible for the 179D commercial building energy-efficiency tax deduction.
“For properties placed into service on or before December 31, 2020, the energy and power cost shall be compared with the minimum requirements of ASHRAE Standard 90.1-2007. Projects placed into service on or after January 1, 2021, shall use the most recent Standard 90.1 affirmed no later than the date that is 2 years before the date that construction of the qualifying property begins, or the date the construction permit of the qualifying property is issued.” - U.S. Department of Energy
Strategically combining energy-saving improvements to your commercial building in New York, NY can help meet the necessary requirements of the 179D commercial building energy-efficiency tax deduction. Window systems with better insulating properties can be paired with a smaller, more efficient heating and cooling system. Ensuring that your building is free from air leaks ensures that high-efficiency HVAC systems won’t be overworked. Maximize your return on investment by using the tax deduction to offset the cost of all improvements.
Lowering energy consumption and boosting overall efficiency is a big win for building owners and property managers in New York, NY. Lowering energy costs means a reduction in operating costs resulting in an increase in asset value. Energy efficiency improvements undoubtedly make your commercial building more valuable. These improvements also make your building more comfortable due to a reduction in noise pollution, less unwanted humidity, and more consistent temperatures throughout the building.
We are happy to assist you with understanding how you can take full advantage of the Consolidated Appropriations Act tax deduction. We have decades of experience in green commercial building services in New York, NY. Contact us today to kick off your energy efficiency consultation.
Our Additional Services Related to Energy Efficient Tax Credit Services in New York, NY
Façade Restoration & Preservation Services
Historic Building Preservation Services
Historic Masonry Restoration Services
Historic Window Restoration Services
Masonry Waterproofing Coatings Services
Protective Paint Coatings Services
Repair Expansion Joints Services
Our Commercial Building Energy Efficient Tax Credit Service Areas Near New York, NY
Ardsley, NY
Armonk, NY
Astoria, NY
Auburndale, NY
Battery Park City, NY
Bayside, NY
Bethel, NY
Bronxville, NY
Brooklyn, NY
Brooklyn Heights, NY
Cedarhurst, NY
Central Valley, NY
Chester, NY
College Point, NY
Cornwall, NY
Corona, NY
Cortlandt Manor, NY
Dobbs Ferry, NY
East Elmhurst, NY
East Moriches, NY
Eastchester, NY
Elmhurst, NY
Elmsford, NY
Fishkill, NY
Forest Hills, NY
Fort Montgomery, NY
Fresh Meadows, NY
Garnerville, NY
Glen Wild, NY
Goshen, NY
Green Acres, NY
Greenburgh, NY
Greenhaven, NY
Greenwood Lake, NY
Harrison, NY
Hartsdale, NY
Hastings-on-Hudson, NY
Hawthorne, NY
Hewlett, NY
Highland, NY
Highland Falls, NY
Hopewell Junction, NY
Hudson, NY
Hyde Park, NY
Inwood, NY
Jackson Heights, NY
Jamaica, NY
Katonah, NY
Kerhonkson, NY
Kingston, NY
Larchmont, NY
Liberty, NY
Long Island, NY
Mahopac, NY
Malden, NY
Malden-on-Hudson, NY
Mamaroneck, NY
Manhattan, NY
Marlboro, NY
Maspeth, NY
Middle Village, NY
Middletown, NY
Millerton, NY
Mohegan Lake, NY
Monroe, NY
Montgomery, NY
Monticello, NY
Mount Kisco, NY
Mount Tremper, NY
Mount Vernon, NY
Nanuet, NY
New City, NY
New Dorp Beach, NY
New Hampton, NY
New Paltz, NY
New Rochelle, NY
New Windsor, NY
New York, NY
Newburgh, NY
North White Plains, NY
Nyack, NY
Orangeburg, NY
Pawling, NY
Pearl River, NY
Pelham Manor, NY
Pinebrook, NY
Pleasant Valley, NY
Port Chester, NY
Port Jervis, NY
Poughkeepsie, NY
Queens, NY
Queens Village, NY
Red Hook, NY
Rego Park, NY
Rhinebeck, NY
Richmond Hill, NY
Richmond Hills, NY
Ridgewood, NY
Rockaway Beach, NY
Rockaway Park, NY
Rye, NY
Rye Brook, NY
Saugerties, NY
Scarsdale, NY
Sheepshead Bay, NY
Spring Valley, NY
Staten Island, NY
Stony Point, NY
Suffern, NY
Tappan, NY
Tarrytown, NY
Terrytown, NY
Thornwood, NY
Tuckahoe, NY
Valley Steam, NY
Valley Stream, NY
Walker Valley, NY
Wappingers Falls, NY
Warwick, NY
Wassaic, NY
West Harrison, NY
West Haverstraw, NY
West Nyack, NY
West Point, NY
White Plains, NY
Whitestone, NY
Woodmere, NY
Woodside, NY
Woodstock, NY
Yonkers, NY
Yorktown Heights, NY