Commercial Tax Deduction
According to the U.S. Department of Energy, lighting represents 40% of the average commercial building’s electric bill, and according to the Energy Cost Savings Council, energy-efficient lighting projects generate an average 45% return on investment, paying for themselves in just 2.2 years.
The Energy Efficient Commercial Buildings Tax Deduction (CBTD) is a special financial incentive created by the Energy Policy Act of 2005 and designed to reduce the initial cost of investing in energy-efficient lighting and other building systems via an accelerated tax deduction. Who can benefit from the energy tax deduction?
The Energy Efficient Commercial Buildings Tax Deduction (CBTD) is a special financial incentive created by the Energy Policy Act of 2005 and designed to reduce the initial cost of investing in energy-efficient lighting and other building systems via an accelerated tax deduction. Who can benefit from the energy tax deduction?
- The person or organization that pays for construction - including building owner or tenant.
- Building or renovation must have been put into service after December 31st, 2005.
- Building must be at least 40,000 sq feet to qualify.
Whether it's assisted living centers, hospitals or community medical centers, Next Generation Lights understands the relationship of environment to overall well being, as well as the healthcare industry's need to reduce energy consumption.
Energy efficient LED lighting provides an immediate return on investment and at the same time provides a much more natural and healthy light in patient rooms, work stations and public waiting areas. Contact us today to find out more.
In todays challenging economical environment, companies need to reduce operating costs while improving productivity in order to remain competitive and viable. Inefficient lighting lead to higher operating costs including utility load and usage charges, higher maintenance costs and can have an adverse affect of productivity.
NextGenLights provides a full range of energy efficient commercial LED solutions designed to conserve energy, reduce operating and maintenance costs and boost overall worker productivity. Contact us today to find out more.
Learning studies show that quality lighting is critical to overall student and staff performance. Next Generation Lights offers a wide variety of energy efficient LED lighting solutions for schools, colleges and universities. In addition to creating an optimal learning environment, LED lighting significantly reduces operating costs.
Contact Next Generation Lights today to show you how to maximize your classroom productivity while reducing energy consumption and overall operating costs.
Proper lighting has a dramatic effect on the overall customer experience and will encourage repeat business. Energy efficient LED lighting improves the overall feeling of warmth, character and security to ensure a pleasant experience for your customers.
Contact Next Generation Lights to show you how your resort, hotel or motel can realize over 75% energy savings over traditional incandescent lighting while improving your overall customer experience and satisfaction.
Presentation is everything as the saying goes. From food to merchandise, it critical that your product is presented in the best possible light. Proper lighting that creates a natural and inviting environment will improve the overall shopping or dining experience and more importantly increase sales through repeat and referral business.
Contact Next Generation Lights to find out more about our energy and cost savings solutions for restaurants and retailers.