ENERGY & EV CHARGER

TAX CREDITS

The Energy Policy Act of 2005 (EPAct 179D), permanently extended by Consolidated Appropriations Act, 2021(CAA).

EPAct 179D allows the investor of energy efficient improvements to fully depreciate (100%) the entire cost of improvements in current tax year in which the improvements are made. After 12/31/2021  the amount of tax savings is adjusted for inflation.

The energy savings combined with the energy tax credits make your LED Retrofit project much more financially feasible with much faster paybacks

YOUR EV CHARGER QUALIFIES FOR 30% TAX CREDIT AND FIRST YEAR FULL DEPRECIATION

If you install a EV Charger by 12/31/2021 you qualify for a 30% federal tax credit. 

In addition your charger station investment for balance of your installation costs to be full depreciated in your current tax year. 

Revenue from your EV Charger can generate profits and improve you NOI and cover your net costs of installation.