Conservation Projects
To qualify for a tax credit, conservation retrofit projects must be 10 percent more efficient than existing installation. You can also qualify for a tax credit for installing energy-efficiency measures during construction. Measures must reduce energy use by at least 10 percent compared to a similar building that meets the minimum requirements of the state energy code.
The tax credit is 35 percent of the incremental (or addition) costs of making the project exceed energy code or standard industry practice. New construction projects must have a simple payback of 1 to 15 years.
More information:
HVAC for Commercial Buildings
Building Controls
Application:
- Conservation Projects Application Word PDF
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