I replaced incandescent lamps with screw-in CFL lamps, and standard F32T8 with F28T8. Can I qualify for a tax deduction by the Energy Policy Act because of the energy savings involved?
No. The simple reason is that lamp replacements are generally accounted for as maintenance expense and not as investment. However, because they are accounted for as expense, they reduce taxable income that year.. In effect, the customer is getting a 100% tax deduction on the money spent on replacement lamps, even without EPAct.
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