Energy Efficiency Tax Incentives
Incentives for energy efficiency upgrades promote energy savings and spur jobs for the construction and manufacturing industries. NMHC supports an expansion of the current commercial building energy efficiency incentive to encourage substantial investments in older properties.
Policy Updates
Latest Update: Jan. 3, 2023
The IRS on December 23 announced the applicable reference standard which taxpayers must meet to claim the Energy Efficient Commercial Buildings Deduction. The Inflation Reduction Act included changes to this deduction that applies to commercial buildings with four or more stories.
