As we are continually working to bring the latest news on incentives we thought we would share this great overview from our friends at Advanced Lighting Guidelines Online (ALG). ALG posted a great overview of an article by Craig DiLouie, published April 2012 by the Lighting Controls Association. Here's a synopsis: Lighting Control Rebates Triple Lighting has always played [...]
How to Pay for Energy Efficiencies through §179D Energy Tax Incentives Case in point: Based on a qualifying square footage (88,000) of a warehouse and lighting project that was completed, a building owner was entitled to a §179D deduction of approximately $53,000. Additionally, the company received an abandonment deduction of an additional $92,000 for removing [...]
San Ramon, CA – September 06, 2012 – The EnOcean Alliance has appointed Louis Hamer, Vice President, Product Strategy for SCL Elements/CAN2GO Inc., as Chair of the EnOcean Alliance Marketing Committee. Cindy Woudenberg, Director of Marketing for Capital Review Group, has been appointed as Chair of the North America Marketing Work Group. Mr. Hamer will [...]
Today, Marky Moore's article: "Tax Deductions: Application of §179D for Hotel Properties" has been published in Hotel Executive (http://hotelexecutive.com/business_review/3116/tax-deductions-application-of-179d-for-hotel-properties) to review a case study for a hotel and important information on the application of Section 179D for hotel properties. Here's an excerpt: In today’s economy, saving on operating costs has become an essential goal for hotel property owners. Many hotel owners [...]
Primary Designers, it is urgent to evaluate open tax years as the §179D Tax Deductions will become unavailable once the open year closes. Primary designers MUST file an amended return to claim the deduction for open years and may not file Form 3115 "Change of Accounting" form to claim the deductions per new ruling by the IRS. With [...]
Last week we sent out correspondence in support of changes to the initiatives under discussion in the Energy and Natural Resources Committee. Our objective was to point out the multiple imperatives: Demand reduction/conservation – as well as the need to protect the Federal Treasury and the support of the Federal deductions under §179D. §179D meets [...]
We just became a member on Noesis Energy - a FREE platform of tools and reports that automates analysis, bench marking and monitoring for building energy use. This site also has a great portfolio of tools for access to incentives (under-works) and is a Social Media platform for the Energy and Sustainability Professional to engage in. We [...]
§179D of the Energy Policy Act of 2005 provides energy tax deductions for investments in “energy efficient commercial buildings” that are designed to increase the efficiency of energy-consuming functions. For government owned buildings, the person(s) primarily responsible for designing the building or project may be able to claim the §179D deduction. The Primary Designer may [...]
Marky Moore, CSBA, LEED AP, CEO of Capital Review Group has been named a judge for the BOMA Greater Phoenix “TOBY” Awards Program. The Outstanding Building of the year, “TOBY” Award, is a prestigious award honoring “the Best of the Best” of commercial buildings. For over 25 years the TOBY Awards program has been recognizing [...]
FOR IMMEDIATE RELEASE (Phoenix, AZ - May 18, 2012) Capital Review Group (CRG) will be located in the Green Pavilion at the Building Owners and Managers Association (BOMA) International’s 2012 Every Building Conference and Expo, June 24-26th at the Washington State Convention Center in Seattle. The tradeshow expo will feature more than 450 exhibits, and [...]