{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Reframe","title":"Build Green To Get Green","html":"","width":"100%","height":180,"duration":2532,"description":"Steve Barnes reveals the real value of energy incentives and credits.\n\nIn this episode, show host Jeff Nichols speaks with Steven Barnes, a Partner at Wipfli LLP, a top accounting firm that supports construction and real estate clients.  Steve provides a straightforward primer on how energy incentives and credits can be materially significant and how they apply uniquely to commercial and not-for-profit buildings, and he explains how benefits can be allocated or used creatively to offset project costs and fund future initiatives. Find out what Steve means when he says building owners and operators must build green to get green.  \n\nGoing deeper into this episode: It’s Not Always About Shielding Income \n\nSavvy commercial building owners are drawn to these deductions and credits as they would be to capital asset depreciation and other familiar strategies that lower their taxable income.  This tends to drive a higher level of awareness of these incentive programs in the private sector.  However, many developers and designers who work on public or not-for-profit buildings are not as up-to-speed on what kinds of benefits are available or how to qualify.  \n\nPublic buildings like schools, for example, may be looking to replace a dated and inefficient boiler with a renewable system like solar, geothermal, or biomass.  These types of upgrades typically qualify for federal incentives under the Investment Tax Credit (ITC) and can range from 6% to 60% credit or cashback on a project.     \n\nSo why aren’t more builders and building owners taking advantage of these incentives?  Much of the reason has to do with the perceived barriers to energy tax incentive availability and qualification.   \n\nHere are a few of the top misperceptions: \n \nBuilding owners and developers often assume the work they’re doing to upgrade their properties likely won’t qualify or, that the scope of the upgrade wasn’t big enough. The fact is that most work does qualify for significant deductions or...","thumbnail_url":"https://img.transistorcdn.com/9o7rM5JoeVRWthCIlYN0254rAnp3ZfUYiTaRgmyChbc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82ZjEw/M2U3ZWY4MWZiYzcx/MTRjNDE2MDUxMzdi/ODNmMy5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}