Commercial Lighting Tax Deduction

Did you know lighting accounts for 40% of a commercial building’s electric bill, according to the U.S. Department of Energy? Energy efficient lighting upgrades can help reduce those costs, and the federal government is offering tax incentives to help. Federal tax deductions equal to the entire cost of lighting upgrades up to $0.60 per square foot are available for commercial buildings under the Energy Policy Act of 2005. The average return on investment for lighting upgrades is 45%, paying for themselves in 2.2 years, the Energy Cost Savings Council says. Get answers to common questions about the commercial lighting tax deduction here.

Lux Lighting Design specializes in state-of-the-art commercial lighting upgrades. Contact us for more information on our lighting services.