How will you navigate the New Climate Provisions Guidebook and Fiscal Year 2023 Appropriations Bills to Secure Project Funding: A Building Professionals Guide

The White House has released a 184 page guidebook for navigating the climate provisions in the Inflation Reduction Act and the Fiscal Year 2023 Appropriations Bills, which were recently passed by Congress and signed into law by President Biden.  

GREEN ENERGY INCENTIVES

There are new incentives and rebates for energy efficiency updates to new and existing buildings. New construction projects performing 25%-50% better than ASHRAE 90.1 are eligible to receive a corresponding, sliding-scale 179D deduction of $2.50 to $5.00 per square foot. And while these performance standards can seem challenging to achieve, Above Green has helped hundreds of projects meet these stringent efficiency goals without negatively impacting project schedule and costs.

ABOVE GREEN’s TOP 5 STRATEGIES FOR MEETING STANDARDS AND SECURING FUNDING OPPORTUNITIES:

1. Design For Efficiency

Incorporate energy-efficient design principles and technologies early into new construction and retrofit project specifications to ensure your project will meet the requirements for the 179D tax deduction and the Federal Building Performance Standard before completing Construction and Bid Documents for your project. These programs are often leveraged too late in the design process leaving funds “on the table”. Above Green are experts in navigating the program requirements and assisting the design team in producing Project Specifications/Sustainable Design Documents with the necessary information to seek available funding. 

2. Seek Funding

Look into funding opportunities offered by Utility Providers that will service the project as well as the DOE's building energy code implementation program and the Environmental Protection Agency’s (EPA) $27 billion Greenhouse Gas Reductions fund to support buildings. Above Green are experts in the processes to apply for and production of the required documentation to comply with program regulations. Early inclusion of the necessary system requirements will help to make use of these valuable programs. 

3. Collaborate with a proven Expert

Collaboration between the Design Team and sustainability consultant early in teh process is a must! Above Green has completed hundreds of projects, both new and existing, assisting in the design, specification production, procurement and the on-site oversight to ensure systems are delivered as intended. Above Green’s full suite of services have been designed over years of successful project delivery to optimize building energy performance and maximize your 179D deductions. With more than 18 years of focused project experience as sustainability consultants. Above Green helps teams realize their high performance building goals.   

Does your project qualify for tax deductions under the new Climate Provisions in the Inflation Reduction Act? Whether you are a Developer, Design Professional, Property Manager or Facility Management Professional Above Green wants to speak with you! Sign up for a complimentary consultation to walk through available incentives and learn more about the qualification process for your project.

Complimentary 30 Minute Consultation

In this thirty minute consultation, Above Green Co-founder Vincent Bataoel will review the details of your project and in simple non-technical terms discuss with you what it would take for your project to qualify for the 179D incentives. Providing you with clear and easy to understand next steps.

This consultation is a good fit for all project types whether in design or recently completed. 

It is recommended for projects in design to have at least schematic details available including project address, type, features, and size. 

Following the consultation, your team will receive:

• Meeting Minutes 

• Guidance to 179D

• Next Steps Document

Please submit your details to be considered. Availability for the complimentary consultation is on a first come, first serve basis.