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Last Updated March 20, 2023

Program Overview

Category:

Financial Incentive

State:

Montana

Incentive Type:

Corporate Tax Deduction

Administrator:

Montana Department of Revenue

Start Date:

N/A

Expiration Date:

N/A

Web Site:

https://mtrevenue.gov/publications/montana-form-cit-instructions/

Applicable Sectors:

Commercial, Industrial, Agricultural

Eligible Renewable/Other Technologies:

Equipment Insulation, Lighting, Lighting Controls/Sensors, Heat recovery, Programmable Thermostats, Caulking/Weather-stripping, Building Insulation, Windows, Doors, Custom/Others pending approval, Other EE

Summary

A corporation may deduct a portion of the cost of a capital investment in a building that promotes energy conservation. If the building is a residence, the taxpayer may deduct up to $1,800; if the building is non-residential, the deduction may be up to $3,600. Energy conservation is defined as reducing the waste or dissipation of energy or reducing the amount of energy required to accomplish a given quantity of work. New construction must surpass established standards of new construction to be eligible for this deduction.