The 179D tax deduction was originally enacted in 2005 as part of the 2005 Energy Policy Act. is an engineered based tax incentive available for reduction of energy and power costs in commercial buildings and allows for a tax deduction of up to $1.80 per square foot. The 179D deduction applies specifically to commercial buildings that reduce energy by changing their interior lighting, HV/AC, and roofing. Buildings can partially qualify for up to $.60 for selecting cool roofing options such as the Duro-Last Roofing System.
To learn more about how you can take advantage of the 179D on roofing installations in 2015 or 2016 please contact a 179D specialist such as Walker Reid Strategies and start saving!
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