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Congress Extends Energy Tax Incentives
October 22, 2008

With the passage of the economic recovery package by Congress, banks aren’t the only ones relieved; proponents of energy efficiency efforts are as well.

The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) commends Congress on including in the package provisions for the extension of expired and expiring tax incentives for renewable energy, energy-efficient building upgrades, and appliance and equipment purchases.

Though several attempts were made during the 110th Congress to extend these credits and incentives, those attempts failed due to disagreement over funding issues.

One key provision in the legislation is the extension of the Commercial Building Tax Deduction (CBTD) through 2013. This allows building owners to claim a deduction of up to $1.80 per square foot for HVAC, lighting or envelope upgrades resulting in 50% savings over ANSI/ASHRAE/IESNA Standard 90.1-2001. This five-year extension allows for the planning schedules often needed in design and construction, whereas the provision previously was only certain for shorter periods, affecting its usefulness.

For more information on ASHRAE Government Affairs, please visit

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