Qualifying for the tax deduction or credit is dependent on the level of energy efficiency you choose. Items that can be modified or installed to qualify for the savings include: installation of energy efficient interior lighting, building envelope, or heating, cooling, ventilation, or hot water systems. An excellent choice in reducing energy costs is NCFI High Performance Spray Foam Insulation which is available in InsulStar®, Sealite™, InsulQuiet™, and InsulStar® Plus. NCFI High Performance Spray Foam Insulation products are excellent choices for the builder who wants to maximize energy efficiency.

Residential – Builders

Builders of residential properties are eligible for a $2,000 tax credit for homes that are deemed energy efficient by reaching a 50% energy savings for heating and cooling beyond the 2004 International Energy Conservation Code (IECC). This credit also applies to manufacturers of manufactured homes; and in addition these manufacturers are also eligible for a tax credit of $1,000 for homes that reach a 30% energy savings for heating and cooling beyond the 2004 IECC. Residential builders will need to file IRS form 8908.pdfin order to receive the tax credit.

Commercial – Builders

Builders (owners or designers) of commercial properties are eligible for up to $1.80 per square foot tax deduction for new or existing commercial buildings if they save at least 50% on heating and cooling energy. Builders and owners are also eligible for a $.60 per square foot deduction if a building is modified to affect the energy rating of the building envelope, lighting, or heating and cooling systems.

Additional information for commercial & residential builders:

• The deductions are available for commercial buildings placed in service from January 1, 2006 through December 31, 2013.
• Improvements to the property must reduce the energy and power costs by 50% or more in comparison to buildings with minimum requirements.
• Tenants are also eligible for the tax savings if they are responsible for the installation of the products or construction of the building.
• Energy savings must be calculated using approved software which is available at the U.S. Department of Energy website.
• To learn more about what opportunities are available for commercial builders who are interested in government contracts, visit Recovery.gov.
• For more information, please contact your NCFI Account Manager >

American Libraries Magazine Chooses NCFI Spray Foam Insulation as a Must-Have for Green Libraries
Insulation for any building type appropriately selected and installed is the best investment a community can make in a building’s infrastructure.

Mount Airy, N.C., May 20, 2009—American Libraries magazine, a publication of the American Library Association, names NCFI high performance spray foam insulation one their 10 Eco-Friendly Products for 2009.

According to the spring issue of the magazine the selection process included, “architects, interior designers and vendors across the nation.” The products are what the ALA believes libraries will “want to consider in their quest to save energy, improve indoor air quality and become better environmental stewards.”

Wanda Urbanska, host of the popular PBS show, Simple Living with Wanda Urbanska and author of the accompanying article, What Are Vendors Doing to Help Libraries Go Green? A Lot, says, “Many believe that it is incumbent upon libraries to show leadership with environmental innovation and education, serving in their traditional role as beacons of the community.” NCFI Sr. Vice President, Nelson Clark, agrees, “We make products designed to last for the lifetime of the building and libraries are the type of community center that should last 100 years. You really can’t build a high-performance building without high-performance products, and NCFI’s spray foam insulation is the highest-performing insulation you can use.”

Clark says the company is “honored by the selection.” He adds, “The ALA is a thought-leader in the system approach to sustainable building in the educational sector. We are thrilled they’ve chosen our high-performance spray foam insulation as the ideal product to help institutional buildings, like libraries, realize substantial savings on energy costs, and help eliminate dangerous problems like mold while improving air quality.” Clark adds, “Our goal is to continue working with the ALA and others to create and provide the future of American sustainable building.”

According to the top ten listing, NCFI’s insulation is what “Green building consultant David Johnston calls best of class. [Johnson] says, ‘Insulation for any building type appropriately selected and installed is the best investment a community can make in a building’s infrastructure. Most people don’t think of insulation as an investment but as a cost. In fact, this is an investment in a building’s long-term operations.’ As energy costs spiral, high performance spray foam insulation is becoming increasingly popular, not only for its insulating properties but because it resists mold and moisture and promotes healthful indoor air quality.’”

NCFI’s high-performance spray foam insulation joins a diverse list of innovative products including floor coverings made from recycled wood dust, cork, and linseed oil, reusable hemp tote bags, dual flush toilets that reduce water consumption and roofing membrane with a reflective surface that helps create an energy- saving “cool roof.”

NCFI is a leading U.S. manufacturing company specializing in sustainable spray foam insulation. Some of their industry-leading brands include: Sealite™, InsulStar®, and InsulBloc®.

To arrange an interview about this subject, please call Dale McGlothlin (202) 341-8615

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