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Season 3, Episode 211

Buildings with Mechanical Insulation qualify for tax rebate

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Guest Name:


Pete Ielmini

Guest Website:


www.insulators.org

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Supportive Documents:


Mechanical Insulators Labor Management Cooperative Trust (LMCT) Executive Director Pete Ielmini joined the America’s Work Force Union Podcast and discussed the Commercial Buildings Energy Efficiency Tax Deduction, which provides tax rebates to building owners who make energy efficiency improvements to their buildings, including the installation of mechanical insulation. 

Ielmini explained the 179D commercial buildings energy efficiency tax deduction enables building owners to claim a tax deduction for installing qualifying systems in their buildings.

Found within IRS Notice 2008-40, the tax rebate provides a deduction of $.63 for every square foot of a building that has a 15 percent reduction in energy use. The rebate could be higher if greater savings are proven, and a mechanical insulation energy audit can be performed to ensure such savings, he added.

He estimated property owners could save as much as 35 percent of their heating and cooling bills through the proper installation and maintenance of mechanical insulation.

Lastly, Ielmini talked about the importance of fire stop and smoke seal inspections, which can be conducted simultaneously with a mechanical insulation energy audit. 

Listen to the entire episode to learn more about these topics.


America’s Work Force is the only daily labor podcast in the US and has been on the air since 1993, supplying listeners with useful, relevant input into their daily lives through fact-finding features, in-depth interviews, informative news segments and practical consumer reports. America’s Work Force is committed to providing an accessible venue in which America's workers and their families can hear discussion on important, relevant topics such as employment, healthcare, legislative action, labor-management relations, corporate practices, finances, local and national politics, consumer reports and labor issues.

America’s Work Force Union Podcast is brought to you in part by our sponsors: AFL-CIO, American Federation of Government Employees, American Federation of Musicians Local 4, Alliance for American Manufacturing, Anthem Blue Cross Blue Shield, Brotherhood of Maintenance of Way Employes-IBT, Boyd Watterson, Columbus/Central Ohio Building and Construction Trades Council, Communication Workers of America, Mechanical Insulators Labor Management Cooperative Trust, International Association of Heat and Frost Insulators and Allied Workers Local 50, International Federation of Professional and Technical Engineers, International Union of Bricklayers and Allied Crafts, International Union of Painters and Allied Trades District Council 6, Ironworkers Great Lakes District Council, Melwood, The Labor Citizen newspaper, Laborers International Union of North America, The National Labor Office of Blue Cross and Blue Shield, North Coast Area Labor Federation, Ohio Federation of Teachers, United Labor Agency, United Steelworkers.

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