Get a boost to your profits for your energy-saving work
The 179D tax deduction, updated with the passage of the Inflation Reduction Act, aims to energize the economy, spearhead the green revolution, and support businesses like yours.
Fund your future
with 179D
If your company designs new construction or retrofit projects for government or other tax-exempt entities, we’ve got news for you.
We can help you claim a federal tax deduction worth up to $5.00 per square foot. Sound too good to be true?
What is 179D?
179D is a federal tax deduction available for the design and construction of energy-efficient new construction and retrofit projects.
It’s not just for building owners
By signing an allocation letter, non-profit or government building owners can pass this deduction on to a firm involved in the building design or retrofit.
179D is for you
So, if you’re an architect, engineer, contractor or ESCO designing new construction or retrofit projects for government or non-profit building owners you can claim significant tax deductions.
Who are you?
Architects
Unlock incentives to support your bottom line. Now and for the future.
If your firm has designed a new construction or retrofit project for a non-profit or governmental entity - you’ve earned incentive dollars through 179D.
How Concord helps
Spotting eligible opportunities
We help identify eligible projects and maximize deductions to support your company’s bottom line.
Supporting every step of the process
Our government relations team can assist with educating tax exempt building owners about the allocation process, provide templates for your firm to use, or directly engage with tax exempt entities to secure signatures on your behalf.
Boosting your bottom line
Ultimately 179D means free money. You’ve done the work - now it’s time to claim the incentive dollars you’ve earned and invest in your growth.
Engineers
Supercharge your business growth
Invest in your future by unlocking incentives you’ve earned through your energy-saving expertise for the built environment.
How Concord helps
We talk your language
We understand tax, but we’re also engineering specialists, so don’t need any handholding to understand your projects and how to maximize the incentives from them.
Keeping you updated
Whether it's keeping you updated on your claim status, legislative changes, or managing the timelines for your tax incentive filings, we keep you on the money.
Supporting your strategic goals
The 179D deduction allows your firm to retain tax dollars that boost your bottom line and let you pursue your growth ambitions.
ESCOs
Supercharge your future
Unlock incentives your energy-saving projects generate to power progress.
How Concord helps
Experienced in large-scale projects
We’ve worked on projects ranging from district-wide school system retrofits to housing authority modernizations and military bases. Scale is second nature to us.
Supercharge your future
We have more experience working with ESCOs than anyone in the industry. We support your growth through our expertise in providing energy incentive coordination and compliance services across your portfolio of work.
Timely and responsive
We understand the pressures associated with tax filing deadlines. We get you what you need, when you need it, right the first time.
Contractors
Strengthen your financial foundations
Capitalize on your role in energy-efficient projects and boost your business with 179D.
How Concord helps
We get to work immediately
Our deep understanding of construction and tax codes means we can pursue your 179D claims with no onramp needed from you.
We keep you informed
Stay informed with updates on claim status, evolving tax laws, and essential deadlines—ensuring you’re always on the money.
We’ll deliver what we promise
179D deductions can significantly improve your cash flow, enabling you to expand your operations and explore new market opportunities.
What projects are eligible
Projects eligible for 179D include newly constructed buildings and retrofits that impact a building’s HVAC, domestic hot water, interior lighting, and building envelope systems.
What you can get
Deductions can be up to $5.00 per square foot and you can claim for both current projects and projects completed within the last three years.
The final deduction your project generates is driven by several variables. Concord’s industry-leading team of multi-disciplinary experts and proprietary technology maximize the amount of benefit you can claim.
Our compliance-driven approach and tech-enabled delivery model mean you can have confidence in our results.
Start the conversation
Give us your details and we’ll be in touch to discuss if we can help and how. We only take on projects we know will stand up to scrutiny - so what is there to lose?
We keep it simple
We begin with a no-cost assessment to determine which of your projects qualify, providing a detailed projection of potential benefits.
We offer support
We can help us much or as little as you want in getting your clients to sign the required allocation letter to pass the 179D incentive on to you.
We take care of everything
We use proprietary software, Concord Caisson, to manage the process, ensuring data security, compliance with complex bonus rate requirements, and transparency as we certify the energy savings and manage the claim with the IRS.
We give you confidence
Our final deliverable gives you everything you need to claim the deduction, and we stand behind our results.
We know 179D inside and out
15+
years of being exclusively focused on energy efficiency and clean energy incentives
In the last 15 years, clients have monetized more than a billion USD with our support. Whatever your project - you can bet we’ve worked on something similar before.
We’re all about the win-win
$1Bn+
has been monetized for our clients with our support over the years
For us, professionalism is a matter of principle. We are committed to delivering the highest level of service and our Client Charter tells you more about the commitments we make to you.
We’re integrity-driven
1000+
buildings are evaluated annually by us for the incentives we offer
We are focused on helping your business now and for the future. We only pursue truly eligible projects. And in the process, we protect your data, your reputation and your client relationships.
We’re curious experts
100%
of all 50 US states have professional engineering licenses available
We have contributed to the evolution of the 179D deduction through our efforts in guiding federal policy and remain a proud partner to some of America’s top industry trade associations.
Juvenile Justice Center
Public Library
Public Elementary School
Hospital
Vocational Training Center
Military Base Office Building
Public Parking Garage
Transportation Terminal Hub
College Administration Building
R&D tax credits
If you’re eligible for 179D deductions, you likely meet the criteria for R&D tax credits too
Transferable tax credits: 6418
The new transferable tax credits market requires new skills and expertise. Concord has done the heavy lifting so you don't have to.
Direct pay: 6417
Direct pay makes real transformation possible for tax-exempt entities by making tax credits available as a cash payment from the government.
179D is Now Extended Through 2020
179D Extended! 2017 Projects Now Eligible
Concord Policy Primer – 179D Extension in Senate Budget Deal
Concord Policy Primer, Volume 5 – Extenders Language Released
Concord Policy Primer, Volume 5
How Concord is Steering the Effort to Extend 179D
Concord Policy Primer, Volume 4
Concord Policy Primer, Volume 3