Dollars for Decarbonization: Top Six Funding Sources All Building Owners Should Know About
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Decarbonization
Your Building's Decarbonization Strategy Starts Here
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Dollars for Decarbonization: Top Six Funding Sources All Building Owners Should Know About
Published: June 08, 2023
The Inflation Reduction Act of 2022 (IRA)
Up to a potential 70% tax credit for the installation of clean energy technology and storage.
Investment Tax Credit Section 48
Up to $5 per ft² tax credit for costs related to energy efficiency and electrification projects in new and existing buildings.
Energy Efficiency Commercial Buildings Deduction (179D)
Many utility companies are offering incentives and rebates to help pay for purchasing electrify heating and cooling systems.
Green investor strategies include Environmental, Social and Governance (ESG) funds, green bonds, various service models and private purchase financing.
Investing in modern, energy-efficient systems can put operational cost savings back into your budget.
Fighting against climate change by decarbonizing your building can make your business more attractive to investors.
Customers actively support brands that align with their values. Decarbonization can bolster your bottom line by increasing sales to customers that prioritize sustainability.
Your Building's Decarbonization Strategy Starts Here
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Blog
Decarbonization
Cost-Saving
Discover how connected mechanical service agreements (CMSAs) use real-time data, proactive maintenance, and remote monitoring to reduce downtime, cut costs, and boost efficiency, allowing businesses to focus on their core activities.
Trane is committed to helping customers transition to next-generation, low-GWP refrigerants, ensuring the right solution for each application. With insights from Steve Kujak, Trane's Director of Next Generation Refrigerant Research, we explore the role of refrigerants in decarbonization and the benefits of A2L refrigerants.
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