EPAct Tax Deduction Available for Hospital Lighting

For-profit and Government Hospitals Can Earn Tax Deductions for New Construction and Renovations

By Charles Goulding, Jacob Goldman and Malcolm Thomas

March 2010
The recent debate on the U.S. health care system has focused a lot of attention on the high cost of hospital care in this country. Rarely mentioned in those discussions is the fact that energy costs are one of the larger controllable costs for hospitals. It is estimated that U.S. hospitals spend more than $6.5 billion annually on energy costs, which is equal to about 15 percent of hospital profits.

As a result of their 24/7 operation, patient comfort and other needs, hospitals use about 2.5 times the amount of energy as similarly sized commercial buildings. Recognizing this huge opportunity in the hospital energy cost area, the U.S. Department of Energy (DOE) recently announced the Hospital Energy Alliance to help drive energy efficiency in hospitals.

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FINANCING REBATE/INCENTIVE APPLICATION

Call 1-866-476-0357 or                                             
email SDGEOBF@semprautilities.com

The On-Bill Financing (“OBF”) Option is offered by San Diego Gas & Electric Company (“Utility”) to eligible commercial Utility customers. A commercial Utility customer who participates in the OBF Option will receive: (a) zero percent (0%)
interest, unsecured financing for the measures or equipment selected through the Eligible Program(s) (as defined below) and certain related labor charges, and (b) a rebate or other financial incentive from each Eligible Program in which such customer qualifies to participate (which will be reduced by 10% for non-comprehensive projects). Comprehensive projects are defined as projects involving two or more distinct measure types not including CFLs or delamping.

For taxpayer-funded customers, the minimum loan amount available through the OBF Option is Five Thousand Dollars ($5,000) per meter, and the maximum loan amount is two-hundred and fifty thousand dollars ($250,000) per meter. For this purpose, a taxpayer-funded customer is defined as a customer that uses tax revenue to pay utility bills associated with that specific meter, including, but not limited to: public schools (k-12 and state-funded universities); public
libraries, and government offices.

For non-taxpayer-funded customers, the minimum loan amount available through the OBF Option is Five Thousand Dollars ($5,000) per meter, and the maximum loan amount available is one-hundred thousand dollars ($100,000) per meter.

HOME Lighting

Artificial lighting consumes almost 15% of a household's electricity use. Use of new lighting technologies can reduce lighting energy use in homes by 50%–75%.
You can reduce lighting energy use by selecting lighting and sources that use energy more efficiently, and by installing lighting controls.
Here you'll find more information under the link: