The 179D Tax Deduction incentivizes energy efficiency in commercial buildings by offering a federal tax deduction of up to $5.00 per square foot. This program encourages businesses to reduce their energy consumption and environmental footprint while reaping financial benefits.
From newly constructed buildings to energy-efficient retrofits, the deduction can amount to serious savings—all while contributing to sustainability goals.
Key benefits include:
- Significant tax savings: Reduce tax liability on energy-efficient upgrades or construction.
- Cost offsets for green initiatives: Invest in sustainable building practices without breaking the bank.