The American Society of Heating, Refrigeration, and Air-Conditioning Engineers (ASHRAE) established 3 levels of energy audits created to improve a building’s energy efficiency, save businesses money, and help them build an energy plan to implement and maintain any energy conservation measures identified. An ASHRAE Level 1 audit consists of utility bill analysis and short building
We recently were invited to speak with local businesses about managing energy costs and energy efficiency options at Lima Allen County Chamber's Sustainability Seminar. Check out our feature on HomeTown Stations!
Energy efficiency projects can provide economic benefits in a number of different ways, such as with the help of the 179D Tax Deduction. The 179D Commercial Buildings Energy Efficiency Tax Deduction allows building owners to claim a tax deduction on eligible lighting, building envelope, or HVAC projects. Eligible projects can qualify for up to $1.80
Since 2006, the 179D tax deduction, also known as the Energy Efficient Commercial Building Deduction, has provided tax deductions up to $1.80/square foot on qualifying projects for both new construction as well as any renovations done on existing buildings. The passing of the Inflation Reduction Act (IRA) has brought some changes to 179D that present