At this point, it is pretty well known that the federal government is offering large tax incentives/saving opportunities for energy efficient buildings. But, did you know that the federal government has made it clear, by IRS Notice 2008-40 Sec. 6, that Parking Garages are an eligible building category for Section 179D tax deductions?
With parking garages being recognized as an eligible building category for tax deductions, building and parking garage owners have the potential to save a great deal of money by implementing energy efficient building lighting retrofits.
If you are interested in learning more about this opportunity, please take a moment and read Charles Goulding’s informative article, “Multiple Lighting Technologies: Drive Large EPAct Tax Deductions for Parking Garages.”