Denton Municiple Electric Energy Incentive

Denton Municipal Electric (DME) offers incentives for its residential and commercial customers to install energy efficient equipment through their EnergySave Program. Rebates are available for qualified HVAC equipment, including central A/C and heat pumps, geothermal heat pumps, and room air conditioners and heat pumps.

A separate incentive grants $2,000 to builders and developers of single-family homes, who meet the following energy efficiency criteria set forth by the program:
1.5 ton or above central air conditioner or heat pump having a minimum Seasonal Energy Efficiency Rating (SEER) of 14.
Minimum insulation of:
R49 - ceiling
R30 - under-decking
R30 - cathedral or vaulted ceiling
R30 - floor
R13 - wall cavity

Exterior glass which meets minimum high-efficiency standards
EnergyStar approved programmable thermostats
Must meet radiant barrier decking specifications
Acceptable ventilation
Homebuilders must comply with all applicable restrictions and guidelines set forth by the International residential Code (IRC)
Additional information, including program guidelines and letters of enrollment may be found on the website listed above.

Original Source: DSIRE Database

DSIRE Federal Incentives for Renewables and Efficiency

Printable Version Energy Efficient Commercial Buildings Tax Deduction

Last DSIRE Review: 10/07/2008

Incentive Type:
Corporate Deduction
Eligible Efficiency Technologies:

• Equipment Insulation
• Water Heaters
• Lighting
• Lighting Controls/Sensors
• Chillers
• Furnaces
• Boilers
• Heat pumps
• Air conditioners
• CHP/Cogeneration
• Caulking/Weather-stripping
• Duct/Air sealing
• Building Insulation
• Windows
• Doors
• Siding
• Roofs

Applicable Sectors:
Commercial, Construction

Amount:

$0.30-$1.80 per square foot, depending on technology and amount of energy reduction

Maximum Incentive:

• $1.80 per square foot
• Equipment Requirements:
  Must meet certification requirements.
  Website:
  http://www.efficientbuildings.org
  Authority 1:
  26 USC § 179D
  Date Enacted:
  
• 8/8/2005 (Amended 2008)
  Effective Date:
  1/1/2006
  Expiration Date:
  12/31/2013
  Authority 2:

H.R. 1424: Div. B, Sec. 303 (The Energy Improvement and Extension Act of 2008)
Date Enacted:
10/3/2008
Expiration Date:
12/31/2013

Summary:

• The Energy Policy Act of 2005 established a tax deduction for energy efficient commercial buildings applicable to qualifying systems and buildings placed in service from January 1, 2006 through December 31, 2007.
• This tax deduction was subsequently extended through 2008 and then again through 2013 by section 303 of the Energy Improvement and Extension Act of 2008 (H.R. 1424, Division B).
• A tax deduction of $1.80 per square foot is available to owners of new or existing buildings who install (1) interior lighting; (2) building envelope, or (3) heating, cooling, ventilation, or hot water systems that reduce the building’s total energy and power cost by 50% or more in comparison to a building meeting minimum requirements set by ASHRAE Standard 90.1-2001.
• Energy savings must be calculated using qualified computer software approved by the IRS. Click here for the list of approved software.
• Note that the eligible technologies listed above are provided as examples and do not represent an official list specified in the statute.
• Deductions of $0.60 per square foot are available to owners of buildings in which individual lighting, building envelope, or heating and cooling systems meet target levels that would reasonably contribute to an overall building savings of 50% if additional systems were installed.
• The deductions are available primarily to building owners, although tenants may be eligible if they make construction expenditures.
• In the case of energy efficient systems installed on or in government property, tax deductions will be given to the person primarily responsible for the systems’ design. Deductions are taken in the year when construction is completed.
• The IRS released interim guidance (IRS Notice 2006-52) in June 2006 to establish a process to allow taxpayers to obtain a certification that the property satisfies the energy efficiency requirements contained in the statute.
• IRS Notice 2008-40 was issued in March of 2008 to further clarify the rules.
• NREL published a report (NREL/TP-550-40228) in February 2007 which provides guidelines for the modeling and inspection of energy savings required by the statute.

Click here for answers to frequently asked questions provided by the Commercial Building Tax Deduction Coalition. For more information, visit the Energy Star Web site.

Contact:

Public Information - IRSInternal Revenue Service1111 Constitution Avenue, N.W.Washington, DC 20224Phone: (800) 829-1040 Web site: http://www.irs.gov

This is from the North Carlina State University DSIRE Web Site