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Innovation & Design

Tax Incentives Go Green

Green-building proponents have had some success convincing government builders to embrace energy-efficiency standards; the GSA mandate for new LEED-certified construction is a case in point. Now the movement is infiltrating policy-making, as different governmental bodies float tax incentives for sustainable private development.

The Energy Policy Act of 2005 offers federal tax credits of $1.80 per square foot on all projects that meet ASHRAE standards. And according to previous legislation, businesses can receive up to 10 percent tax credits for employing solar and geothermal technologies. The Department of Energy also hands out several grants for businesses that experiment with new energy-efficient technologies.

Provided by Architectural Record—The Resource for Architecture and Architects

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