the current reliability system that has emerged is cumbersome and overly complicated.
Jeff Bingaman
The Public Record
the Roundtable wholly supports the 179D reform proposal that Chairman Jeff Bingaman (D-NM) and Senator Olympia Snowe (R-ME) plan to introduce.
Congress should extend and reform the tax deduction for energy efficient commercial buildings at Section 179D of the Internal Revenue Code.
The 179D reform proposal is performance-based because it would link the amount of the deduction to energy savings achieved.
Award performance by linking the amount of the tax deduction to energy savings achieved.
We would encourage you to take a look at a bill that Senator Menendez and Senator Enzi have.
The maximum tax incentive available under the Snowe-Bingaman proposal is 50% of the total cost of a retrofit plan.
That would go a long way to help building owners manage their properties more energy efficiently.
Measure energy savings for retrofits compared to the existing building's baseline.





