Generation Facility Corporate Tax Exemptions (Montana)

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Summary

Last modified on January 5, 2015.

Financial Incentive Program

Place Montana

Name Generation Facility Corporate Tax Exemptions
Incentive Type Property Tax Incentive
Applicable Sector Commercial, Industrial
Eligible Technologies Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Small Hydroelectric, Fuel Cells using Renewable Fuels
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount 100% exemption for 5 years




Eligible System Size Up to 1 MW nameplate capacity



Expiration Date none


















Website http://www.deq.mt.gov/Energy/renewable/taxincentrenew.mcpx#15-6-225
Date added to DSIRE 2003-10-01
Last DSIRE Review 2014-10-22



References DSIRE[1]


Summary

New electricity generating facilities built in Montana with a capacity of up to one megawatt (MW) that use an alternative renewable energy source are exempt from property taxes for five years after operation begins. The taxable value of the property varies depending on the property ownership and class. The assessed value of personal property is adjusted yearly based on a trend factor that reflects the relevant rate of inflation and on the Montana Department of Revenue’s depreciation schedule. State property tax exemption forms are available at the Department of Revenue’s county office.

"Alternative renewable energy source" includes energy sources such as solar energy, wind energy, geothermal energy, conversion of biomass, fuel cells that do not require hydrocarbon fuel, small hydroelectric generators, and methane from solid waste that is used to generate energy in a useful form, including electricity.


Incentive Contact

Contact Name Information Specialist - MT Dept. of Rev.
Department Montana Department of Revenue

Address P.O. Box 5805

Place Helena, Montana
Zip/Postal Code 59604-5805
Phone (406) 444-6900


Email DORCustomerAssistance@mt.gov
Website https://revenue.mt.gov/
Contact Name Garrett Martin
Department Montana Department of Environmental Quality
Division Energy Planning & Renewable Energy
Address 1520 East Sixth Ave
Address 2 PO Box 200901
Place Helena, Montana
Zip/Postal Code 59620-0901
Phone (406) 444-6582


Email gmartin@mt.gov
Website http://deq.mt.gov/energy/default.mcpx
     

Authorities (Please contact the if there are any file problems.)

Authority 1: MCA § 15-6-225

Date Enacted 2001
Expiration Date none


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"