Certificate of Complaince - EPAct 2005
84 kB
Guidance EPACT Tax Incentive Certification
88 KB
EPAct Update — Tax Deduction
1. Whole Tax Deduction:
One time deduction of $1.80 per sqf for reducing overall interior building power by at least 50% over ASHRAE 90.1-2001
2. Partial Tax Deduction:
Interim Lighting Rule: one time deduction of $0.30-$0.60 per sqf for reducing interior lighting power by 25-40% (50% for warehouses) over ASHRAE 90.1-2001
Permanent Lighting Rule (NEW): one time deduction of $0.60 per sqf if the lighting system upgrade reduces overall interior building power by at least 16.66% over ASHRAE 90.1-2001
EPAct Update — IRS Guidelines
Certificate of Compliance must be completed by "qualified individual"
Who is considered a "qualified individual"?
Not related to the taxpayer claiming the deduction
Is an engineer or contractor that is properly licensed as a professional engineer or contractor in the jurisdiction in which the building is located
Has represented in writing to the taxpayer that he or she has the requisite qualifications to provide the certification required
For "Complete Deduction" (all three building systems) or "Partial Deduction" under new Permanent Rules, approved software for building modeling must be used.
The following software meets the requirements contained in IRS Notice 2006-52 dated June 2, 2006:
