Home Energy Management Carrier Hourly Analysis Program Helps Commercial Building Owners Claim Tax Deduction

Carrier Hourly Analysis Program Helps Commercial Building Owners Claim Tax Deduction


SYRACUSE, N.Y.—Carrier Corp., a unit of United Technologies Corp., announced that the U.S. Department of Energy (DOE) has approved its E20-II Hourly Analysis Program (HAP) v4.31 for calculating and certifying energy savings. Commercial building owners and leaseholders can now use the software to receive energy efficiency tax deductions under the Energy Policy Act (EPACT) 2005. To date, HAP is one of only four software programs to receive this approval.

EPACT 2005 allows commercial building owners and leaseholders to claim a federal tax deduction for installing energy efficient equipment. Under the act, all energy savings claims must also be certified. Certification requires a qualified individual to use a qualified building energy simulation program, such as HAP, to calculate the energy savings.

Savings for owners add up quickly as buildings achieving an energy savings of 16 2/3 percent (calculated through a DOE approved software such as HAP) can deduct up to $0.60 per square foot and buildings achieving 50 percent energy savings may deduct up to $1.80 per square foot of floor area.

“These tax deductions are a significant incentive for owners to install energy efficient HVAC systems and equipment in their buildings,” says Larry Schaefer, manager of Carrier Software Systems. “HAP’s approval by the DOE also represents an opportunity for engineering firms that are licensed users of Carrier software to offer services to the owner to design for energy savings and to certify those savings.”

“This software is another important investment by Carrier to help consulting engineers and building owners design and install energy efficient systems,” adds Kelly Romano, president of Building Systems and Services, Carrier Corp.

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