Tax Credits

The federal government is offering a 60¢ per square foot tax deduction if a lighting retrofit meets certain criteria:

  • Foot-candles muse meet IES recommendations

  • Watts per square foot must be 40% less than the ASHARE 2004 standards, 50% for warehouses

  • The 60¢ per square foot tax savings is subject to the company's tax liability. It must not exceed the total cost of the retrofit and must be taken the same year the upgrade was completed.

  • Two levels of light, other than on and off, are required and cannot be switched by the breaker. This is easily accomplished thru occupancy sensors.