Generation Facility Corporate Tax Exemptions (Montana)
Last modified on January 5, 2015.
Financial Incentive Program
|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|
|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|
|Date added to DSIRE||2003-10-01|
|Last DSIRE Review||2014-10-22|
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.
|Contact Name||Information Specialist - MT Dept. of Rev.|
|Department||Montana Department of Revenue|
|Address||P.O. Box 5805|
|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|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||MCA § 15-6-225|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.