If you’re pursuing sustainability projects, there may be rebates and incentives out there for you to take advantage of.
Our team can help you see what’s available and will complete and submit the applications on your behalf so you can start reaping the rewards. If you would like to find out what incentives and rebates you qualify for, please contact us by clicking the button below.
179D Commercial Buildings Energy Efficiency 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 $5 per square foot. The 179D acts as an accelerated depreciation towards the overall cost of the project.
The accelerated depreciation works best for plant, property and equipment that are otherwise depreciated over a longer time horizon, such as a 15- to 30-year depreciation schedule. In order to qualify, the project must reduce the building’s total energy when compared to ASHRAE (American Society of Heating, Refrigeration, and Air Conditioning Engineers) Standards. We can assist in evaluating the opportunity and completing the necessary paperwork.
Federal Investment Tax Credit
The Federal Investment Tax Credit is a dollar-for-dollar tax reduction on your income tax for installing renewable energy systems. The amount of credit granted is based on the total system cost. This tax credit can help reduce the overall cost of renewable energy systems and drive an attractive return on your investment.
The recently enacted “One Big Beautiful Bill” has adjusted the long-term availability of certain federal solar incentives, but the core benefits remain in place for the next few years:
- 30% Federal Investment Tax Credit (ITC)
- Additional 10–20% bonus credits may apply for projects meeting Energy Community or Domestic Content requirements
Projects must start construction by July 4, 2026 or be in service by December 31, 2027 to lock in these incentives.
Federal 100% Bonus Depreciation
The Tax Cuts and Jobs Act of 2017 allows companies to depreciate 100% of qualifying long-term assets (like solar!). Pulling this depreciation forward can help effectively reduce the total upfront cost of a solar system. The Bonus Depreciation incentive allows you to deduct the entire allowable tax basis of the system in year 1.
Rural Energy for America Program (REAP) Grants
The USDA Rural Energy for America Program (REAP) provides grants and/or loan guarantees to support energy efficiency improvements. To qualify, you must be either a small business in an eligible rural area or an agricultural producer.
