The Green Lighting Experts
Induction Lighting, Public
Lighting, park lamps, parking lot lamps, public lighting, Miller Induction, Lighting, parkinglotlamps.com, parking structure
Induction Lighting, Public
Lighting, park lamps, parking lot lamps, public lighting, Miller Induction, Lighting, parkinglotlamps.com, parking structure
Tax Break for Energy Efficiency Improvements
In October 2008, Congress passed and President Bush signed into law a historic financial markets rescue bill, the Emergency Economic Stabilization Act of 2008. Although the new laws primary purpose is to solve the credit crunch in the financial markets, it contains division B entitled: Energy Improvement and Extension Act of 2008.
This section includes incentives in the areas of energy production, conservation and efficiency including the extension of several tax breaks for making a business more energy efficient. Among the energy incentives there is a unique tax deduction available to anyone making a commercial building more energy efficient*. Tax deductions for energy efficient buildings were extended through Dec. 31, 2013, and are expected to generate tax savings in excess of $890 million over a 10-year period.
*Different incentives might be available by industry and region.
Please consult your Tax advisor about the application to your unique situation.
Return to Resources Index
In October 2008, Congress passed and President Bush signed into law a historic financial markets rescue bill, the Emergency Economic Stabilization Act of 2008. Although the new laws primary purpose is to solve the credit crunch in the financial markets, it contains division B entitled: Energy Improvement and Extension Act of 2008.
This section includes incentives in the areas of energy production, conservation and efficiency including the extension of several tax breaks for making a business more energy efficient. Among the energy incentives there is a unique tax deduction available to anyone making a commercial building more energy efficient*. Tax deductions for energy efficient buildings were extended through Dec. 31, 2013, and are expected to generate tax savings in excess of $890 million over a 10-year period.
*Different incentives might be available by industry and region.
Please consult your Tax advisor about the application to your unique situation.
Return to Resources Index