Dormitories Case study

Go green, save green

179D is a tax incentive that is available for newly constructed or renovated buildings that have installed energy-saving elements. This tax deduction provides tax-saving benefits for commercial building owners, as well as architectural and design firms that have worked on projects for public agency-owned facilities.

Originally passed under the 2005 Energy Policy, the 179D tax provision allows a tax deduction of up to $5 per square foot for both new and existing buildings.

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Dormitories

Dormitories – An ivy league University

Project:
An ivy league University received a $5 million grant from the Department of Energy to improve the energy efficiency of its dormitories.

NTG’s Tax Credits & Incentives consulting practice provided a wide range of services to a leading global architecture and engineering firm. The firm designed energy-efficient systems and buildings for federal, state, and local properties. NTG’s team recommended conducting energy certification studies to help the firm qualify for the IRC Section 179D commercial buildings energy efficiency tax deduction for all it’s projects.

 

Energy efficiency improvements:
The grant was used to fund a variety of energy efficiency improvements, including:

 

179D tax deduction:
The dormitories estimate that they will save over $2 million on energy costs as a result of these improvements.

 

NTG’s success in this area is due to their understanding of complex construction and design projects. The team performs a high degree of due diligence and works with a variety of government authorities to expedite the approval process. This ensures that their clients receive the maximum possible benefit from the 179D program.

 

If you are a college considering energy efficiency improvements for its dormitories, you should talk to our team  about the 179D tax deduction. The deduction can help you to make your dormitories more sustainable and save money on energy costs.

How Do You Qualify Based on Your Industry?

The 179D Tax Deduction is for Architects, Engineering Firms, Commercial Building Owners, and Construction Firms. This deduction is especially profitable for renovation projects, usually performed by these professional teams.

Qualifying Energy-Savings Are All Around You

It can be difficult to figure out if your building’s energy efficiency improvements qualify for this deduction. National Tax Group makes it easy with an in-depth study of your project and how it qualifies.

EPAct 179D studies are applicable for the following:

 


Commercial Building Owners

 


Architects & Designers

How Do You Qualify Based on Your Industry?

The 179D Tax Deduction is for Architects, Engineering Firms, Commercial Building Owners, and Construction Firms. This deduction is especially profitable for renovation projects, usually performed by these professional teams.

Qualifying Energy-Savings Are All Around You

It can be difficult to figure out if your building’s energy efficiency improvements qualify for this deduction. National Tax Group makes it easy with an in-depth study of your project and how it qualifies.

EPAct 179D studies are applicable for the following:

We are excited to announce that after years of legislation

179D & 45L have been extended


Claim Your Benefits

Lighting

Interior & Parking Garages

.60¢ Per Sq. Ft.

HVAC

Heating, Cooling, Ventilation and Hot Water

.60¢ Per Sq. Ft.

Building Envelope

Envelope Systems, Windows, Doors, Roofs and Insulation

.60¢ Per Sq. Ft.

80,000 X $1.80 =
$144,000​

How Do You Qualify Based on Your Industry?

The 179D Tax Deduction is for Architects, Engineering Firms, Commercial Building Owners, and Construction Firms. This deduction is especially profitable for renovation projects, usually performed by these professional teams.

Qualifying Energy-Savings Are All Around You

It can be difficult to figure out if your building’s energy efficiency improvements qualify for this deduction. National Tax Group makes it easy with an in-depth study of your project and how it qualifies.

EPAct 179D studies are applicable for the following:


Business colleagues discussing with blueprint in corridor at office

Commercial Building Owners


Architect with drawing close up

Architects & Designers

GO GREEN, SAVE GREEN

179D is a tax incentive that is available for newly constructed or renovated buildings that have installed energy-saving elements. This tax deduction provides tax-saving benefits for commercial building owners, as well as architectural and design firms that have worked on projects for public agency-owned facilities.

 

Originally passed under the 2005 Energy Policy, the 179D tax provision allows a tax deduction of up to $5 per square foot for both new and existing buildings.