Background and Introduction
Our team has been working with energy
conservation since the mid 70's and we have been using
the tax benefits that came out in 2005 to help pay for
energy conservation on some of our buildings and on the
buildings of some of our clients.
Currently we have identified 5-10 excellent products
that can make a building energy efficient and we are
currently testing and evaluating more products to add to
the list of those that we recommend. In order to use
products effectively, we have found that we need to
gather a team of experts from various disciplines. The
same is true with the various government tax incentives
and rebates.
This is a complex subject. Our service to the reader is
that we will share what we have learned and give
business owners information that can help them make
either new or existing buildings much more energy
efficient and do it in a manner that will be cost
effective. It is important to understand that a
window is open until the end of 2008 where major
incentives will be offered by the US government to do
energy improvements.
Many of the products we will recommend are not widely
known but they work and they have been well tested. This
report is targeted to the business owners who can take
helpful information and turn it into business profits
that will pay many returns over the years. This will
work If you have an existing building,or if you are
building a new building that will be completed by the
end of 2008.
Government Incentives To Make Your Building
Energy Efficient
The short story is that you have US benefits that
include tax credits and deductions; and you have state
benefits that include credits, deductions and rebates
and; you have city benefits that include rebates and
loans and tax benefits.
A major benefit from the energy bill of 2005 is the
Commercial Building Tax Deduction. Another major benefit
is the 30% uncapped solar tax credit. For obvious
reasons we note before explaining these benefits, that
we are not official tax experts and any decisions
regarding these laws should be reviewed with official
tax advisors. We will simply tell you what it says and
what we think it means and identify ways you can use
energy products to qualify for the benefits.
There is a $1.80 per square foot business tax deduction
for making a commercial building 50% more energy
efficient than a comparable building. This can be broken
down into $.60 for the building envelope (the roof and
walls), or for the interior lights, or for the heating
and air conditioning. So you can take $.60 or $1.20, or
$1.80 per square foot deduction depending on what you
do.
The deduction is a business expense that reduces the
profits you are taxed on and the higher the income you
have, the more this will benefit you. There is a 30%
solar tax credit for money spent on solar systems that
make electricity and that heat hot water for the
building.
A credit is a dollar for dollar reduction of income tax
that you would pay to the US government. We will now
give an example of how this might work.
The Tax Saving Example
The owner has a building with 10,000 square feet which
means that the business can spend $18,000.00 to energize
the building and if the tax bracket is 40%, the savings
will be $7,200.00 in taxes that do not have to be paid.
The owner can spend $50,000 on a solar system and the
credits will be 30% which means that the tax savings
will be $15,000. In 25 states there are major benefits
for solar energy and the incentives there may come to
another $10,000 to $15,000 to lower the cost of the
solar system.
In very friendly energy states like Colorado the rebates
are so attractive,that a very efficient solar system can
have a major part of it paid for by the state.
The Energy Products Example
By using the
EdenPURE heaters that
are very energy efficient in the use of of electricity,
and by using solar energy to produce the electricity for
the heater, the owner can have a green heating system
and save large amounts on the energy bill and qualify
for the tax deduction since any energy that is off the
grid counts for a reduction in energy consumption.
By Adding the New Energy Paint on the inside and the
outside of the building there will be tremendous savings
on both heating and air conditioning and the building
envelope will be made very energy efficient.
By adding a light tube system combined with fluorescent
lights that dim when the sun is bright and that have
reflectors, the owner can cut the cost of indoor
lighting in the range of 60-80% compared to the older
lighting systems and get the extra benefit of better
lighting with the full spectrum of nutrient light that
improves productivity and mitigates the winter blues.
Counting The Many Benefits Of This System (How
Do I Love Thee ... Let Me Count The Ways.... )
1. Potential Tax Savings
You might put $7,200 in your pocket because of the
Commercial Building Tax Deduction and you might put
$25,000 to $30,000 in your pocket because of the US and
state tax credits and rebates on solar energy. A
reasonable estimate of your tax savings might come to
$32,200.00.
2. Savings On Your Utility Bill
Over the lifetime of energy use in the building there
could reasonably be $50,000 to $100,000 savings in
dollars that you put into your pocket instead of giving
to the utility company. Think of this as a small
retirement system.
3. Savings on Your Building and Benefits for
Owner and the Workers.
A New Energy Roof is energy star rated and does a
superior job in holding up under the UV pressure and in
stopping water from leaking through. The New Energy
coating on the wall will last for a very long time and
help hold the walls together especially if they are
crumbling.
Water problems destroy many buildings and this coating
solves those problems by letting the moisture breath out
(like goretex) and so the water does not build up inside
the building to freeze and to evaporate; both of which
will destroy the paint jobs. The coating will keep the
water from getting into the building and will take away
many of the conditions that create mold.
The coating has a class A fire rating and we have
records of homes that were not burned in subdivisions
because of this coating while other homes burned all
around them. We think that a fire burning your building
can ruin your whole day and so we count this as a major
benefit.
Because the paint holds up it also does not fade and
when you need to repair painting problems you can use
the original paint can and just paint a small section
instead of repainting the whole room. We think that you
will eliminate two or three paint cycles by using this
paint which will make your painter weep but bring many
dollars back to your business.
The light tubes bring in the full spectrum light which
is healthy for people. Studies show as much as 50%
improvement in productivity in high tech workers and in
students. This improvement in productivity , health, and
morale will put dollars in your pocket.
The
EdenPURE heaters use a
healthy and revitalizing form of energy that will help
keep the people in the building healthy and happy and
help the business owner to be more wealthy.
4. Savings On Your Cost Of Public Relations
Some owners put in a small solar system and the
newspaper writes a story and customers come because it
is a green business. What happens if you create a true
energy efficient building that saves much more than
other buildings and that is a healthy place to work in?
We think your potential benefit in public relations will
be very significant.
5. Savings On The Maintenance Of Equipment & On
The Replacement Of Equipment
When heaters, and air conditioners run less, there is
much less maintenance and much longer life for this
equipment. There is less noise. The equipment can be
sized smaller which makes it cost much less to purchase.
Action For Business Owners To Benefit From Tax
Savings And Energy Savings
If you are interested in more information on this
subject you are welcome to contact us. We have many
quality products we have used and tested. We do projects
and we consult on projects. Some people visit our
buildings to see first hand what we have done and how
this saves money and improves our business profits.
Best Regards , Bryan Anderson PhD.
Follow Up
For more information you are welcome
to contact Dr. Bryan Anderson
@ "New Energy Solutions" - Email:
DrBryanEAnderson@aol.com
Phone Dr. Bryan Anderson:
435-787-1567