STUDY FOR INDUSTRY IN LOCATION

$527,067.60 in Total Realized Tax Savings

Contact us for more information:

Location Whole Building Lighting Envelope HVAC Square Footage Tax Benefit
Curtis Junior High School   $0.30 $0.60   138,396 $124,556.40
Curtis High School GYM $1.80       47,188 $8,493.40
Northport Heights Elementary School   $0.40     72,558 $29,023.20
Panther Lake Elementary School     $0.60   55,188 $33,122.80
Puyallup High School   $0.50 $0.60   21,931 $37,282.70
Simpson Intermediate School   $0.40 $0.60 $0.60 37,756 $37,756.00
5th Shore Elementary School   $0.60 $0.60   46,278 $55,553.60
    $0.30 $0.60 $1.20 138,705 $124,834.50
Total         $527,067.60

 

All benefits granted to the designer and their architectural firm. 

179D Energy Policy Act

The 179D energy certification calculates the tax deduction achieved from the installation of energy-efficient assets, including HVAC, building envelope, and lighting. The building may qualify for up to $1.80 per square foot ($0.60 per square foot for each system); however, partial deductions are allowed for lighting.  The 179D energy deduction is available for newly constructed or energy renovated commercial buildings as well as apartment buildings 4 stories or more. Commercial property owners who pay taxes can claim the benefit with the exception of government-owned buildings where the tax deduction may be allocated to the designer. In order to qualify for these deductions, an analysis of your energy savings is required by a qualified firm like Engineered Tax Services. The savings are significant can additional tax benefits are often identified through the engineering process.  Contact ETS for more information.