A 179D energy certification is an official verification that the energy-efficient improvements made to a building comply with the standards set forth in the 179D tax deduction. This certification must be conducted by a qualified third-party certifier and includes:
- Energy Modeling: Verification that the building's energy performance meets or exceeds specified efficiency standards set by the ASHRAE.
- Site Inspection: On-site inspection to confirm that the installed systems match the designed energy-efficient specifications.
- Documentation: Detailed documentation of the energy savings achieved, which is necessary for claiming the deduction.
Key Points:
- Verification: The certification process ensures that all energy-efficient improvements are accurately measured and meet the required energy-saving benchmarks.
- Not Required for Initial Use: You do not need a 179D energy certification to start using AllocatePro. You can begin the process of requesting allocation letters or letters of intent without it.
- AllocatePro Assistance:
- Certification Support: Our team can assist you in obtaining the necessary 179D energy certification while we work on securing your allocation letter or letter of intent.
- Comprehensive Services: AllocatePro helps streamline the process of securing your allocation letter. For a full-service 179D study, including energy modeling, site visits, and detailed certification, our team at TaxTaker can handle all aspects, ensuring that your project qualifies for the maximum possible deduction.
By using AllocatePro, you can streamline the entire process, from securing early allocation through a letter of intent to obtaining the final 179D energy certification and allocation letter, ensuring you maximize your tax benefits and remain compliant with IRS regulations.
