Up to $5/sf for projects placed into service in 2023
Commercial buildings including schools, hospitals, churches, government buildings, and buildings owned by charitable organizations are eligible for Section 179D deductions for building improvements that reduce carbon emissions and create energy efficiencies. The Inflation Reduction Act increased the amount of money eligible for the deduction and changed the eligibility rules: Nonprofits are now eligible to pass along 179D to their A/E/C teams.
What remains a requirement is documentation to demonstrate energy efficiencies – and that requires an energy model by a qualified, professional engineer. To get the full $5/sf, the project must meet certain prevailing wage and apprentice requirements, which if not met, render the deduction maximum at $1/sf. Emerald Built Environments is here to help you understand how to achieve 179D for your project!
Calling all nonprofits! If you're looking to implement more sustainability initiatives into your organization, consider applying to Emerald Gives 2023!
Once a year, Emerald gifts complimentary consulting services for the pursuit of LEED Certification under the LEED Operations and Maintenance for Existing Buildings (LEED O+M) rating system. Click HERE to learn more and apply!
Project Updates
Assess & Increase Onsite Carbon Sequestration Through Planting - LEED Pilot Credit
Waste Management in Grayslake, IL is our first project to document the carbon sequestration of its landscape design, taking advantage of a LEED pilot credit. Calculations
show it will achieve 207% more carbon sequestration through the landscape design (only 10% is required for credit compliance). Landscape designs do matter - providing beauty and helping reduce emissions.
Innovation Square Celebrates Groundbreaking
Situated along the Opportunity Corridor, Phase 1 includes 82 mixed-use apartments above ground-floor retail space. The project is targeting NGBS Silver certification. Congrats to City Architecture, Fairfax Renaissance Development Corporation, and McCormack Baron for this milestone!
Emerald Team News
Welcome Joe Minerd! He joins Emerald as a Senior Project Engineer focusing on commissioning. Joe has nearly 15 years of experience in facilities engineering and manufacturing roles. Joe is a member of the Association of Energy Engineers and is a Certified Energy Manager (CEM).
Joe’s job duties will include developing and implementing commissioning projects, Energy Audits including site analysis, project coordination, Energy Modeling, and preparation of Engineering design documents.
Emerald Presents
We are excited to announce that we are launching a new webinar series where our team of experts will share our take on the latest news in the sustainability industry. These short, 30-minute webinars are a great opportunity to learn or refresh your understanding of current topics and trends in sustainability and buildings. Our first webinar is....
Developing an emissions inventory starts with quantifying all the emissions an organization creates or removes from the environment. Join us for a 30-minute webinar to learn more about Greenhouse Gas Emissions and what falls into each scope. We will discuss tips to get started with building your inventory.
Schools Are the Building Blocks of Our Sustainable Future
Our children’s schools are leading the way towards a more sustainable future. How schools practice sustainability differs for newly constructed or ongoing operations, although the end result is the same: healthier environments for kids.
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