TEMPLOK Tax Credits & Deductions

Save Up to 50% in Tax
Credits

With TEMPLOK Energy Saving Ceilings.*

Save Up to 50% in Tax
Credits

With TEMPLOK Energy Saving Ceilings.

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.

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?

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?
All eligible taxpayers and non-taxable entities including:
  • For Profit Building Owners
  • School Districts
  • Other Government Entities
  • 501 (c)(3) Charitable Organizations
Ideal Projects
  • K-12 Schools
  • Museums*
  • Universities
  • Hospitals*
  • Non-profit*
  • Private Universities*
  • Military Bases
  • Courthouses
  • Religious Buildings*
  • Dormitories
  • Convention Centers
  • Sports Arenas

Investment Tax Credit (ITC) Breakdown

Inflation Reduction Act of 2022, Section 48E
The purchase and installation of Armstrong TEMPLOK Energy Saving Ceiling Tiles (including support systems/grid and labor) may qualify for a federal investment tax credit of up to 50% because TEMPLOK ceiling tiles have thermal energy storage properties (phase change material in the ceiling).

 

40% Credit

Most TEMPLOK Ceiling projects may qualify for 40% tax credits.**

  

+ 10% Credit

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.

  

Credits, Deductions and Rebates Breakdown

Inflation Reduction Act of 2022, Section 48E
The purchase and installation of Armstrong TEMPLOK Energy Saving Ceiling Tiles (including support systems/grid and labor) may qualify for a federal investment tax credit of up to 50% because TEMPLOK ceiling tiles have thermal energy storage properties (phase change material in the ceiling).

40% Credit

Most TEMPLOK Ceiling projects may qualify for 40% tax credits.**

+ 10% Credit

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.

*  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.
** The project meets one of three requirements: 1. Meeting < 1MW thermal energy storage/year (estimate < 890K SF TEMPLOK). 2. Beginning construction before January 29, 2023 OR 3. Prevailing Wage & Apprenticeship requirements.

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