|
What is the 2005 Energy Policy Act?
The 2005 Energy Policy Act regulates and mandates minimum efficiency regulations, incentives and research dollars for lamps, ballasts, fixtures, LEDs, transformers, electrical equipment, motors and appliances.
What is the benefit to my business?
Energy efficiency is a national concern and the 2005 Energy Policy Act gives market-based incentives and solutions to reduce costs and enhance energy efficiency overall. By updating your lighting systems, you can reduce your overall lighting costs. Plus, you can display your commitment to environmental stewardship by using GE ecomagination products which significantly reduce energy consumption.
Are there any tax incentives?
Yes, for commercial buildings. The 2005 Energy Policy Act provides accelerated tax deduction incentives for energy- efficient lighting upgrades completed from 2006 through 2008.
For lighting system upgrades, building owner deductions are applicable at a rate of $.30 to $.60 per square foot if energy density is 25% to 40% below ASHRAE/IESNA 90.1 watts per square foot levels.
Who can I contact for more information?
For more information, contact your local lighting sales office.
|
|
