According to the U.S. Department of Energy, lighting represents 40% of the average commercial building’s electric bill, followed by motors/HVAC (40%) and other equipment (20%).
For years, energy-efficient lighting solutions have been available that can reduce lighting energy costs while maintaining or potentially improving lighting quality. According to the Energy Cost Savings Council, energy-efficient lighting projects generate an average 45% return on investment, paying for themselves in just 2.2 years. Due to energy codes and its economic advantages, energy-efficient lighting is now a common feature in new construction; lighting is generally considered the easiest, most profitable investment in energy-saving building systems.
Are You Eligible For A Big Tax Break? All American's Lighting Efficiency Specialists will help you decide for sure, based on guidelines established by the Energy Policy Act of 2005 (EPAct 2005), if you are eligible for a big tax break. It was created to encourage companies such as yours to switch to more energy efficient lighting. Because these new lighting technologies conserve energy, they're considered 'green' and good for the environment. They're good for your bottom line, too, because making the switch could result in a substantial tax deduction. Customers should consult a tax advisor for details regarding full tax savings and advantages. EPACT Highlights: > A one-time tax deduction (up to $1.80 per square foot) for installing qualified energy efficient systems in commercial/industrial buildings and warehouses. > Systems include lighting, as well as HVAC, hot water and building envelope. > Available for new construction as well as renovations Finance Up To 100% Of Your RenovationYou may be able to finance 100% of your entire renovation lighting effort, including:
AAFM will customize a financing package that will work well with your renovation cost/benefit strategy. Ask our Lighting Efficiency Specialists for details, while they're performing your lighting system energy assessment. For more information in the meantime call us. |