Tax Credit for Energy Efficient Grow Lights

by chris koscielski | Oct 12, 2023 | Energy Efficiency, grow lights, Tax Credits

Tax Credit for Energy Efficiency

Starting in 2023, significant changes await in the realm of tax credits for energy-efficient lighting. Notably, this update broadens the opportunity for commercial property owners or lessees to claim deductions for a portion of the costs associated with energy-efficient LED lighting installation. What’s especially remarkable is that, as of 2023, this deduction sees a substantial increase, jumping from the previous rate of $1.80 per square foot to a much more generous $5 per square foot.

Furthermore, it’s crucial to emphasize another noteworthy development—the enhancement of the Renewable Electricity Production Tax Credit. This improvement is set to offer substantial benefits to those involved in investments related to renewable energy production.

What is the 179D tax Credit?

What Improvements are Eligible for the 179D Deduction?

How the Color Spectrum of a Grow Light Affects Cannabis Growth

How the Color Spectrum of a Grow Light Affects Cannabis Growth

by chris koscielski | Oct 3, 2023 | Cannabis, grow lights

How Does Color Spectrum Of A Grow Light Affect Cannabis Growth? The influence of a grow light's color spectrum on cannabis growth is pivotal for achieving desired cultivation outcomes, impacting factors like yield, THC levels, and overall plant health...

The Secrets to Building Strong Professional Relationships

by chris koscielski | Jan 13, 2025 |

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Maximizing Productivity in a Remote Work Environment

by chris koscielski | Jan 8, 2025 |

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Balancing Work and Life: Strategies for Professionals

by chris koscielski | Jan 8, 2025 |

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Innovative Approaches to Problem-Solving in the Workplace

by chris koscielski | Jan 10, 2025 |

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by chris koscielski | Jan 14, 2025 |

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