Posts Tagged ‘tax deduction’

EnergyGauge® Summit Premier 3.15 Saves Energy Modelers Time

Friday, November 7th, 2008

This easy-to-use, state-of-the-art software offers construction-industry professionals substantial time savings while completing required energy modeling calculations for LEED® projects.

The Florida Solar Energy Center (FSEC), a research institute of the University of Central Florida, today released EnergyGauge Summit Premier 3.15. FSEC will be exhibiting the software at the Greenbuild conference in Boston Nov. 19 – 21. This state-of-the-art software provides construction-industry professionals with the opportunity to substantially reduce the time required to complete energy modeling for the commercial construction LEED® rating system. It also offers a time-saving automatic federal tax deduction qualification feature.

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U.S. Dept. of Energy Qualifies EnergyGauge Software for Calculating Tax Deduction

Wednesday, March 7th, 2007

The U.S. Department of Energy (DOE) has listed EnergyGauge Summit Premier as qualified software for calculating energy savings for the energy-efficient commercial building tax deduction under Internal Revenue Code §179D.  This easy-to- use new software product also calculates LEED® building energy performance as well as energy code compliance. Released January 29 at the AHR EXPO, and approved this week by DOE, the software was developed by the University of Central Florida’s Florida Solar Energy Center.

EnergyGauge Summit Premier offers automatic ASHRAE 2001 and ASHRAE 2004 reference building creation including the Building Performance Rating Method in Appendix G of the 2004 Standard.  Unlike other software that requires the user to create multiple building decks and make many changes to create a reference building according to code or IRS rules, EnergyGauge Summit allows users to simply enter basic information on the building they are evaluating.  The software then automatically creates a reference building, performs the necessary simulations and analysis and provides a report indicating qualification for the U.S. Energy Policy Act tax deductions for whole building energy savings.  The program will also determine if the building meets the IRS standard for partial envelope, equipment or lighting savings for those projects not seeking to meet the whole building performance level. (more…)