What is it?

Among other incentives to combat growing energy problems, if certain requirements are met per the Energy Policy Act of 2005, it allows a tax deduction for energy-efficient commercial buildings that reduce annual energy and power consumption by 50%. 

Up to the entire cost of the energy-efficient lighting may be deducted on the owner's taxes (given certain restrictions).

For further details, consult your tax professional, or visit the IRS website at www.irs.gov for details on the Deduction for Energy Efficient Commercial Buildings.

Or follow the links below:

What the Energy Bill Means to You -
U.S. Department of Energy


Tax Deductions for Commercial Buildings -

energystar.gov

To download GE's Tax Deduction Estimator, click here (Excel file)
(Courtesy of GE Lighting) Click here for instructions and further information.