My Account
Armstrong's use of domestic content in the production of Templok Ceiling Systems, in addition to you meeting prevailing wage and apprenticeship requirements may qualify for a tax credit of 40%.
Pay less for a ceiling that does more
Make your next project more affordable and save energy with TEMPLOK Ceilings. A variety of federal and state income tax credits and deductions for energy-saving products may make your TEMPLOK ceiling projects a more affordable option than standard mineral fiber ceiling system.
In addition to reduced energy costs, TEMPLOK ceiling panels provide exceptional acoustical performance and increased thermal comfort, benefitting both building owners and occupants for years to come.
How do TEMPLOK ceilings qualify for tax credits and rebates?
TEMPLOK Energy Saving Ceilings utilize phase change material (PCM) to transform these large surface areas into more sustainable, resilient spaces. TEMPLOK phase change material provides thermal energy storage, which falls under an energy-efficient, energy-saving, or energy-generating products that qualify for incentives.
Who Qualifies?
Eligible taxpayers including:
- For Profit Building Owners
- School Districts
- Other Government Entities
- 501 (c) (3) Charitable Organizations
Ideal Projects
- K-12 Schools
- Universities
- Hospitals
- Non-profit
- Offices
- Transportation
- Convention Centers
- Sports Arenas
- Government Buildings
Credits, deductions and rebates breakdown
Inflation Reduction Act of 2022, Section 48E
Under Section 48E, the purchase and installation of Armstrong TEMPLOK Energy Saving Ceiling systems (including panels and suspension) which contain thermal energy storage properties, may qualify for a federal investment tax credit of up to 50% of the project purchase cost. **
-
-
If TEMPLOK Energy Saving Ceilings are deployed in an “Energy Community” (a Brownfields site, or certain fossil fuel dependent communities) an additional 10% tax credit may be available.
Not all areas will qualify for this credit. Consult your tax advisor to determine your eligibility.
179D Energy Efficient Commercial Buildings Tax Deduction
Under Federal Internal Revenue Code 179D, commercial building owners may be able to claim a tax deduction for certain energy efficient commercial building property. TEMPLOK Energy Saving Ceilings may qualify as part of a building’s heating, cooling or ventilation systems.
What is the value of the 179D Deduction? For energy efficient commercial building property (EECBP) or energy efficient commercial building retrofit property (EEBRP***) the deduction for EECBP equals the lesser of the cost of the installed property or up to a maximum of $5.81/sq ft. The deduction amount varies for building placed in service before 2023.
* This document lists various federal tax credits and deductions that your project may qualify for when purchasing TEMPLOK Energy Saving Ceilings. Please consult your own tax attorney or advisor.
** Your eligibility for any tax credits depends on your personal tax situation.
*** Buildings in the EEBRP process must be in operation for 5 years or more to qualify.
Ready to save on energy?
Contact us today to discuss your next TEMPLOK project, the process for claiming tax incentives, and your potential savings:
-
Call Us:
(866) 438 8833(Mon-Fri 8AM-8PM EST) -
Chat With Support
Thanks for subscribing!
