News
Sep 28, 2012
Energy Efficiency Firms Praise Bi-Partisan Bill Promoting Energy Efficiency
The Commercial Building Modernization Act (S.3591), has been introduced to the Senate to reform, extend, and simplify the Section 179D federal tax deduction, with bipartisan support. The Section 179D federal tax deduction is currently available as a deduction of up to $1.80/ft.2 for new buildings and/or retrofits that achieve significant energy and power cost savings.