In today’s economic climate, does it make sense to invest in your building by making “green” improvements? Potential savings on energy costs over time make the idea of spending now more attractive, but it’s hard to project exactly what your future savings will be. There is another reason to make energy efficient improvements to your [...]
Many building owners and occupants looking to cut operating expenses and improve energy efficiency naturally look to replacing or upgrading systems such as HVAC and lighting. If done right, with planning and knowledge of how systems interact, this is usually an effective step towards reducing expenses and energy usage. However, it is important to plan [...]
Energy Price Volatility Now A Major Factor In Corporate Efficiency Drive Published: Tuesday, 23 Aug 2011 | 1:58 PM ET By: Trevor Curwin, Special to CNBC.com Recent volatility in energy prices could unleash a bigger tide of investments in energy efficiency than any concerns about climate change has in recent years. According to recent surveys, [...]
IRS Revenue Procedure 2011-14: Energy efficiency and claiming the §179D deduction as far back as 1/1/2006 without amending any tax returns. The §179D tax deduction came about as part of the Energy Policy Act of 2005 (EPAct). Congress wanted to incentivize the utilization of energy-efficiency components in a building to one of the following parties: [...]
FOR IMMEDIATE RELEASE Phoenix, AZ – Phoenix-based consulting firm, Capital Review Group (CRG), has released a series of white papers designed to help educate business owners and accounting professionals on some of CRG’s most sought after service offerings. White paper titles include: Benefits of the Cost Segregation Study for Commercial Property Owners Are you Ready [...]
Many businesses looking for ways to reduce operating expenses are examining their energy usage. The typical approach is to have an audience with a lighting installer or an HVAC firm who will then conduct and “audit”. The lighting representative will walk through the facility counting fixtures and bulbs while the HVAC representative will visit the [...]
Phoenix, AZ - Phoenix-based Capital Review Group (CRG) is now offering customized, comprehensive energy surveys to businesses. CRG’s “Level I” energy survey is typically a facility walk-through focusing on low-cost or no-cost energy efficiency/conservation measures, operational improvements and behavioral practices. CRG CEO, Marky Moore, explains, “Due to the inexpensive nature of many energy efficiency/conservation measures, [...]
Using daylight to replace electric lighting is a practice that involves using an integrated design process that takes into account many factors. Initial considerations are the geographic region and climate, the orientation of the building in relation to the sun and the proposed or existing use of the building. The designer or energy consultant also [...]
According to Wikipedia, cost segregation “is the process of identifying personal property assets that are grouped with real property assets, and separating out personal assets for tax reporting purposes. A cost segregation analysis identifies and reclassifies personal property assets to shorten the depreciation time for taxation purposes, which reduces current income tax obligations. Personal property [...]
Cost Segregation is the process of segregating the costs associated with the specific commercial real property investments in real estate. Commerical real property is depreciated over 39 years (or 27.5 years for commercial residential). In order to qualify for Cost Segregation, properties must have been constructed, acquired, or renovated after 1986, under the IRS guidelines. The [...]