EPAct2005

In August of 2005, the 2005 Energy Policy Act (EPAct 2005) was signed into law, setting policy standards and incentives for a more energy-effieient America. EPAct 2005 addresses a broad range of issues ranging from the generation, transmission and distribution of electrical energy to the consumption and efficiency of end user products.

Enhanced capacity, efficiency, and reliability of the interstate electric transmission grid is addressed by EPAct 2005 as well as setting new energy efficiency goals for Federal buildings.

Of particular note and importance to building owners and managers is the establishing of new financial incentives that reward the use of energy-effieient lighting, HVAC, hot water, and building envelope systems. The incentives apply to both new construction and retrofit installations. The incentives are in the form of a one-time tax deduction, with up to $.60 per square foot being allowed for each single-system improvement meeting the requirements. The requirements consist of specific reductions in energy usage with the ASHRAE 90.1-2001 standards being the basis from which improvement is measured.

The incentives put in place by EPAct 2005 are currently for systems installed and improvements made between January 1, 2006 and December 31, 2007. Therefore, it is very important to get an immediate start on assessing the merits of energy-efficiency improvement projects. ANCO Associates, along with several of our Strategic Alliance Partners are prepared to offer immediate assistance in facility evaluation. An initial evaluation can be quickly made, resulting in the identification of possible areas of improvement that will result in qualifying for these incentives. Our assessments also address the magnitude of ongoing energy cost reduction opportunities as well as the cost of implementing them. We urge you to contact ANCO Associates very soon for an initial discussion of how you can take advantage of these EPAct 2005 incentives, as they are currently scheduled to be in effect for a very short period of time.

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