Claim up to $5.00/SF in tax savings for energy-efficient upgrades—boosting cash flow with full IRS approval.
A developer completes a 200,000 SF commercial building with energy-efficient HVAC, lighting, and building envelope improvements. The building is modeled and certified to exceed ASHRAE standards by 35%.
Under the Inflation Reduction Act, meeting prevailing wage and apprenticeship standards allows the project to qualify for a $3.50/SF deduction. This results in a current-year deduction of $700,000, significantly reducing taxable income and freeing cash for reinvestment.