45L Tax Credit: An Overlooked Energy-Efficient Tax Credit

Written by Darren Labrie, CPA. Updated May 6, 2015.

While implementing energy-efficient changes in your building has direct cost benefits due to decreased energy bills, there are also valuable tax incentives associated with energy efficiency. Incentive programs such as the 45L tax credit offer builders and developers the opportunity to maximize tax savings. 

Through the Section 45L credit program, contractors earn a $2,000 tax credit for each energy-efficient dwelling unit sold or leased between January 1, 2012 and the end of 2014. 

 

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