As a result of the 2005 Energy Policy Act, building owners can now deduct the cost of an energy efficient upgrade in the year the project is implemented up to specified limits (max. of $0.60/sq foot) or the total cost of the upgrade. This is a significant incentive that can lower the payback of your lighting retrofit even further. Premier Lighting can help you determine your tax incentive and if you meet the requirements.
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You can also find out more specifics here: EPACT 2005
