Heating, Ventilation, and Air Conditioning (HVAC) manufacturers continue to update and improve the efficiency of HVAC equipment. These efficiency updates allow owners of new construction projects to qualify for the HVAC deduction allowed by Section 179D. For building owners that qualify, the deduction is $0.60 per square foot of the building.
The retrofit market for Heating, Ventilation, and Air Conditioning (HVAC) is an increasingly expanding market. The decision to retrofit an entire HVAC System is much easier due to the faster returns on investment that come from the increased efficiency of HVAC equipment. The quicker return on investment will continue to improve as HVAC equipment becomes even more efficient. For building owners that qualify, the deduction is $0.60 per square foot of the building.
HVAC Equipment That Can Qualify:
- Centralized HVAC
- Chilled Beam
- Demand Control Ventilation
- Direct Fired Heaters
- Energy Recovery Ventilation
- Gas-Fired Chillers combined with Electric Chillers
- Geothermal (Ground Source Heat Pumps)
- High Efficiency VRF Units
- Magnetic Bearing Chillers
- Thermal Storage
- Variable Air Volume Devices (VAV)
Click Here to fill out a Request For Proposal for a Free, No Cost analysis of your building. We will provide an estimate of benefits along with our flat fee to complete the Section 179D study.
You can also Contact Us to discuss your project in more detail.