Residential Alternative Energy System Tax Credit (Montana)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Residential Alternative Energy System Tax Credit|
|Incentive Type||Personal Tax Credit|
|Eligible Technologies||Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Small Hydroelectric, Fuel Cells using Renewable Fuels|
|Energy Category||Renewable Energy Incentive Programs|
|Carryover Provisions|| Excess credit may be carried forward four years
|Eligible System Size||Hydroelectric systems not to have generation capacity greater than 1 MW|
|Equipment Requirements||Systems must be new and in compliance with all applicable performance and safety standards|
|Expiration Date|| none |
The date "none" was not understood.
|Maximum Incentive|| 500 per individual taxpayer; up to 1,000 per household
|Program Administrator||Montana Department of Environmental Quality|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Residential taxpayers who install an energy system using a recognized non-fossil form of energy on their home after December 31, 2001 are eligible for a tax credit equal to the amount of the cost of the system and installation of the system, not to exceed $500. This cap is for individual taxpayers, so married taxpayers filing jointly can get a tax credit of up to $1,000 per household. The tax credit may be carried over for the following four taxable years.
Recognized non-fossil forms of energy generation means:
1. A system that captures energy or converts energy sources into usable sources, including electricity, by using:
- solar energy, including passive solar systems;
- solid waste;
- the decomposition of organic wastes;
- fuel cells that do not require hydrocarbon fuel; or
- an alternative energy system;
2. A system that produces electric power from biomass or solid wood wastes; or
3. A small system that uses water power by means of an impoundment that is not over 20 acres in surface area.
|Contact Name||Kathi Montgomery|
|Department||Montana Department of Environmental Quality|
|Division||Energy Planning & Renewable Energy|
|Address||1520 East Sixth Ave.|
|Address 2||PO Box 200901|
|Phone|| (406) 444-6586
|Contact Name||Information Specialist - MT Dept. of Rev.|
|Department||Montana Department of Revenue|
|Address||P.O. Box 5805|
|Phone|| (406) 444-6900
Authorities (Please contact the if there are any file problems.)
|Authority 1:||MCA § 15-32-201|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.
- "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid
<ref>tag; name "DSIRE" defined multiple times with different content