KBKG performed a 45L Tax Credit energy analysis on a Texas residential complex and found that 12 of the 31 dwelling units sold in 2012 and 15 of the 27 dwelling units sold in 2013 provided a level of heating and cooling energy consumption that is at least 50 percent below that of a reference dwelling unit constructed in accordance with the standards of the 2006 International Energy Conservation Code. Furthermore, all 27 of the qualifying dwelling units located in Texas have building envelope component improvements that provide for a level of heating and cooling energy consumption that is at least 10 percent below that of a reference dwelling unit as required by the tax code.
Both heating and cooling at Texas residential property, Construction Phase II are provided by air-cooled split system heat pumps. Also, each fan coil unit contains a TXV valve and each air handling unit is matched in size with an appropriate corresponding condensing unit. Both are considered energy efficient measures in regions such as Climate Zone 2A.
Envelope features at Texas residential property, Construction Phase II that helped to reduce the heating and cooling consumption of each qualifying dwelling unit included the use of insulation with high R-values and fenestration with low U-factors and solar heat gain coefficients. These factors, along with a low window-to-floor area ratio, the use of brick face on portions of the exterior walls, and the installation of an air retarding wrap all contributed to an overall increase in each of the dwelling unit’s energy efficiency.
58-unit residential community located in Texas comprised of 7 buildings that are each no more than 3 stories above grade. 31 dwelling units were sold to residents in 2012 and 27 dwelling units were sold to residents in 2013.
Section 45L Tax Credits for 2012 and 2013 = $54,000