Sheet metal & Air Conditioning Contractors’ National Association

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“Mechanical Insulation Act” will spur retrofits in high-performing buildings

Dec 11, 2017

Innovative bipartisan legislation to stimulate efficiency retrofits of manufacturing, industrial, and related facilities, “The Mechanical Insulation Installation Act of 2017” (H.R. 3349), has recently been introduced in the House with SMACNA’s enthusiastic support.

The bill would allow an additional tax deduction for the cost of installing mechanical insulation and allows the cost of replacing mechanical insulation to be treated as a deductible expense in the year it is installed.

This needed tax incentive is expected to increase retrofit activity and HVAC and mechanical upgrades in the industrial and commercial sectors as well as boost sales to U.S. mechanical insulation firms.