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K-12 Schools Case study

K-12 Schools

  • Project: The school district of a large city in the Midwest decided to renovate one of its oldest elementary schools. The school was built in the 1960s and was in need of a major overhaul.

  • Energy efficiency improvements:
    NTG’s team began by conducting the required energy simulation to verify the deduction. They then communicated with building owners to explain the deduction and obtain all required documentation. They also worked with qualified engineers and contractors to complete inspections and testing. Finally, NTG provided tax consulting to verify the deductions and oversee the tax filing process. The school district decided to make a number of energy efficiency improvements to the school, including:
    • Installing new windows and insulation
    • Replacing the heating and cooling systems
    • Installing LED lighting

  • 179D tax deduction: The school district was able to claim a $1.80 per square foot tax deduction for the energy efficiency improvements that they made to the school. This amounted to a total deduction of over $1 million.

  • Benefits: The energy efficiency improvements that the school district made have resulted in significant savings on energy costs. The school district estimates that they will save over $100,000 per year on energy costs. The improvements have also made the school more comfortable and healthier for students and staff.

This is just one example of how the 179D tax deduction can be used to improve the energy efficiency of K-12 schools. The deduction can be used to fund a wide range of energy efficiency improvements, and it can provide significant savings on energy costs.

Here are some other benefits of using the 179D tax deduction for K-12 schools:

  • The deduction can help schools to meet their sustainability goals.
  • The deduction can improve the health and comfort of students and staff.
  • The deduction can save schools money on energy costs.

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 K-12 school considering energy efficiency improvements, you should talk to our team about the 179D tax deduction. The deduction can help you to make your school more sustainable and save money on energy costs.