Take Advantage of Renewable Energy Tax Credits and Incentives.

Valuable incentives are provided by Federal, State and local government agencies for the energy efficiency features added to buildings. Rehabilitation is the perfect time to incorporate money-saving energy systems into a property. City Center is your resource for advice and guidelines on qualifying energy features, and can provide the comprehensive tax credit application required to be approved for these incentives.

Highlights of energy efficiency incentives.

Federal

• 30% investment tax credit for solar and small wind energy property
• 10% investment tax credit for geothermal energy property, microturbines, and CHP
• 5-year accelerated depreciation schedule for solar energy property
• Energy efficient commercial building tax deduction
• Grants through the state energy program
• Million solar roofs incentive
• Federal loan programs

 State (Depending on location)

• 7.5-15% tax credit
• Tax Deduction
• Property tax exemptions
• Cool roofs program
• Small business energy loan program
• Emerging renewables buy down program (up to 50% rebate)
• Financing
• Distributed generation
  

Local (Depending on location)

• Solar energy programs
• Water conservation
• Building insulation
• Recycling programs
• Net metering

The time to address the opportunity for energy tax credits and incentives is before you begin your historic rehabilitation project. Contact City Center today.