The Energy Policy Act (EPAct) of 2005 is a law signed into effect August 8, 2005 that provides incentives for energy efficient new projects or upgrades completed in 2006/2007.

Highlights
• Accelerated tax deduction to encourage use of energy efficient products
• Eligible systems for deduction are: Lighting, HVAC, and Building Envelope
• Emphasis on Lighting systems due to dramatic energy savings potential from readily available new technology
• Potential tax break of up to $.60 per square foot per system for a total of up to $1.80 per square foot!
• Systems must exceed ASHRAE 90.1-2001
• Sliding scale of tax deduction per square foot