Commercial Building Owners

The federal government provides tax incentives for commercial building owners who install HVAC systems, building envelopes, and lighting systems that meet certain energy efficiency requirements. Specifically, building owners can earn a Federal Corporate Tax Deduction of 60 cents a square foot for any 1 of these qualifying systems or up to $1.80 a square foot if all 3 systems qualify. At present, the credits are available for systems placed in service between January 1, 2006, and December 31, 2008. For more information, access the following resources:
Tax Depreciation
Businesses can recover investments in certain properties through Federal Tax Depreciation for Alternative Energy Systems. Depreciation schedules vary from 3 to 50 years depending on the type of property. Various types of alternative energy systems, such as the following, can be depreciated over 5 years:
  • Fuel cells
  • Geothermal
  • Micro turbines
  • Solar hybrid lighting technologies
  • Solar
  • Wind
Access the following resources for more information:
Federal Tax Credits
The federal government also recently extended Federal Tax Credits for Businesses that install HVAC systems, building envelopes and lighting systems that meet certain energy efficiency requirements. The specifics of the tax credits given are similar to those available to homeowners.

The Sustainable Development Fund is a part of The Reinvestment Fund, private nonprofit organization headquartered in Philadelphia. The Sustainable Development Fund offers flexible, low-cost financing for energy efficiency projects in West Chester, and developers who meet Energy Star requirements are eligible. The Sustainable Development Fund offers construction financing, term loans, lease and energy performance financing, and pre-development loans.

Small Business Energy Efficiency Grant Program
Department of Environmental Protection acting Secretary John Hanger is proud to announce an opportunity for Pennsylvania’s small businesses to improve their energy efficiency and manage higher energy prices.

The grant application and guidelines are available online at the Department of Environmental Protection using the keywords, "Small Business Energy Efficiency Grant", or by contacting the Office of Energy and Technology Deployment located at:
Rachel Carson State Office Building
400 Market St.
15th Floor
P.O. Box 8772
Harrisburg, PA 17105-8772