Mid-Atlantic Commercial Building Owners:
Your Energy Efficiency and Renewables Projects Now Pencil
With the passage of the IRA, you no longer have to put off that HVAC upgrade or solar project. Two revised tax incentives, the Investment Tax Credit (ITC) and Section 179D tax deduction, dramatically lower the cost to building owners to upgrade their buildings - both inside and out. Now, with long-term, innovative C-PACE financing from PowerGreen Capital, your energy savings will pay the financing costs! Contact PowerGreen or read on to learn more.
Renewables Projects
The Investment Tax Credit
The ITC provides a tax credit up to 30% of the cost of renewable energy projects such as solar PV, wind turbines, geothermal systems and storage.
- Don't want to wait for the credit? PowerGreen Capital will prefund it for you, and we'll do the waiting.
- Can't use the tax credit? We'll buy it from you, and lower your project costs.
Energy Efficiency Projects
Section 179D Tax Deduction
The Section 179D tax deduction allows taxpayers to immediately deduct the cost of energy-efficient improvements (lighting, HVAC, envelope) installed on or in a commercial building.
The deduction can be as high as $5 per square foot.
Long Term 100% Financing
PowerGreen Capital C-PACE
C-PACE financing allows building owners to access low-cost, long-term capital for energy-related improvements in their existing buildings or new construction projects.
C-PACE from PowerGreen Capital provides 20+ year fixed rate financing. Plus, your energy savings will cover the long-term financing costs. We'll even pay your upfront costs.
Package Tax Incentives + C-PACE
Maximum Savings For You
By combining these tax incentives with C-PACE financing, you can upgrade your building with no upfront costs, in just three steps:
- use the ITC to lower the cost of renewable energy projects such as solar panels with battery storage.
- use the Section 179D tax deduction to reduce cost of energy-efficiency improvements such as lighting systems, HVAC, and building envelope components.
- use C-PACE financing from PowerGreen Capital to pay for all the upgrades with no upfront costs.
Contact PowerGreen Capital today to learn more about how you can start saving energy and money.
Commercial Building Owners > Benefits | C-PACE | Tax Incentives | ITC for Renewables | 179D for Energy Efficiency
