Energy Efficiency and Building Science News

Kingspan Wins ‘Top Trusted Brand’ of Insulation Award

Wed, 2018-12-05 15:56

The latest Top Trusted Brands survey by Architecture & Design has once again named Kingspan Insulation as the Top Trusted Brand in Insulation. Kingspan extends their winning streak by topping this category for the fifth consecutive survey.

More than 600 brands were in the running for the awards. The survey collected over 6,000 responses, which ranked their favourite brands in the architecture and design space across 30 categories. Kingspan Insulation has held the title of Top Trusted Brand in the Insulation category since the awards were established in 2012.

Kingspan’s success comes from the fact that the brand provides the widest range of Code-Mark certified insulation products and offers full support through their expert technical and customer services.

Customer responses to the survey explain exactly why it has remained on top of the list for so long.

“Top service, quality products, and excellent technical support. Kingspan are leaders in the industry around the world.”

“I have referred numerous family, friends and businesses onto Kingspan insulation products. Their quality, commitment, honest can-do attitude far outweigh any other product or competitor in the market today. They are of the highest safety standards and will proudly back this with hardcopy records of strict quality control testing and stats. I have dealt with the SA team on a few occasions and I find them highly innovative, trusting and extremely proactive with their service to the wider business community. Kingspan is definitely my top trusted brand for not only 2018 but past and future also.”

“Every time insulation comes into any discussion Kingspan comes immediately to everyone’s mind.”

“Good advice and an honest approach. We have worked in Singapore and Australia and they have an understanding of the requirements for both countries.”

In response, Kingspan Insulation’s Marketing Manager, Neil Cox said that it came down to the company’s commitment to its customers.

“We are always looking at ways in which we can enhance the brand experience to our customers, and the architects and designers who are specifying our products. We offer a full range of technical support and services and that definitely puts us a step ahead in terms of the trust our customers have in our people, our products and our brand.”

Tax Bill Could Make Commercial Roof Retrofits More Attractive

Wed, 2018-12-05 15:52

There is a new tax reform bill which features enhanced deductions under Section 179 that lower the cost of commercial property improvements, including the roof. This could be a game changer when working with commercial establishments looking to get a new roof or do repairs or even for your own buildings.

This recently modified Section 179 expands the definition of eligible property and increases the amount of associated costs that may be expensed as of January 1, 2018. Certain updates to nonresidential property, including roofs, may now be fully expensed in the year of purchase, rather than depreciating the cost over 39 years.

Example

You repair a small section on one corner of the roof of a rental house. You deduct the cost of the repair as a rental expense. However, if you completely replace the roof, the new roof is an improvement because it is a restoration of the building. You depreciate the cost of the new roof.

Some other changes include the maximum amount that may be immediately deducted from $500,000 to $1 million and increases the phase-out threshold from $2 million to $2.5 million. These new limits may be effective for qualifying property beginning after December 31, 2017 and will be adjusted for inflation following 2018.

We encourage you to talk with your tax professional to see how this may help you and your related sales towards Commercial roofing and insulation!