Help me understand the Energy Bill of 2005; does Koreteck qualify me for tax savings?
The bill passed into law in 2005 allows for a tax deduction of $1.80 per building sq. ft. if you exceed ASHRAE 2001 standards. This deduction is split up into three areas: Lighting, Building envelope and HVAC and water heating each worth $.60 per sq. ft. Koreteck will qualify your project (in both the 6″ and 8″ thickness), in conjunction with adequate roof insulation, for the building envelope deduction. Refer to the following websites for more details and instructions: http://www.energystar.gov/ia/business/comm_bldg_tax_incentives.pdf http://www.naima.org/pages/resources/library/pdf/MB304.
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- Help me understand the Energy Bill of 2005; does Koreteck qualify me for tax savings?
