subject: The Option Of Energy Efficient Air Conditioning Is Yours [print this page] The EPAct of 2005, also known as the Energy Policy Act, allows property owners to benefit from considerable tax deductions if they have invested in commercial air conditioning systems which are energy efficient. The energy efficient HVAC systems may be retrofitted into previously built buildings or they may simply be installed in newly constructed buildings to provide air conditioning comfort to its inhabitants. Tax deductions are only rewarded to fully energy efficient HVAC systems.
This suggests that the whole HVAC system should be energy-efficient, and simply exchanging 1 or 2 superseded parts of the system for more recent energy-efficient models will not qualify a commercial HVAC for the efficient tax benefits. So as to qualify, the commercial air conditioning system must include extremely efficient core parts and further efficient gear too. As an example, energy recovery ventilation systems and on demand ventilation can reinforce the final potency of any commercial HVAC system.
Some geothermal appliances qualify for the EPAct rebates under the class of HVAC efficient models too. Thermal storage systems are another system of simply qualifying for tax discounts because they exploit non-peak usage hours. Thermal storage systems create cold water or ice during night time hours so as to provide air-conditioning comfort during peak hours in the daytime. The price of using electricity during top hours can be virtually forty percent costlier, so they qualify for HVAC EPAct deductions.
One more way to take virtue of tax repayments is by employing central plant environments. These central plants can offer substantial savings if they're extremely efficient and the repayments they qualify for are substantial. Any commercial HVAC can qualify for tax kickbacks as long as it decreases the utilisation of energy by 16.67% versus standard models. Congress is considering rocketing the quantity of these tax discounts, and extending the EPAct thru 2012. Projects certificated by 2012 will then be well placed to be carried out till the year 2014.
One simple way to save money spent on air conditioning comfort throughout the warm months of the year is to invest in lighting which does not produce as much heat. For each three watts reduced in lighting consumption, one watt is reduced in HVAC energy use. Energy efficient lighting systems therefore not only save money by themselves by consuming less energy, but they also surprisingly help reduce the amount of energy any air conditioning system must use to cool down a building.
To maximise savings, lights should be used when totally mandatory. The bulk of newly assembled projects which have successfully qualified for energy conservation by the EPAct are lighting projects. But since cooling and heating buildings consume just about 40% of all energy used on site, more interest is being shown in the tax reductions available for using energy saving models.
So as to qualify for any tax kickbacks due to the installation of a very efficient HVAC system, the energy savings must be demonstrated by IRS-approved energy modeling software. Modeling is high-priced, however there are rebates which can cover the expenses concerned in the midst. Refunds should be licensed before the energy model is finished.
