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Last Updated September 27, 2018

Program Overview

Category:

Financial Incentive

State:

Montana

Incentive Type:

Personal Tax Credit

Administrator:

Montana Department of Environmental Quality

Start Date:

01/01/2002

Expiration Date:

none

Web Site:

http://deq.mt.gov/Energy/EnergizeMT/Renewable/TaxIncentRenew#nonfossilgeneration

Applicable Sectors:

Residential, Low Income Residential

Eligible Renewable/Other Technologies:

Solar - Passive, Solar Water Heat, Solar Space Heat, Geothermal Electric, Solar Photovoltaics, Wind (All), Biomass, Geothermal Heat Pumps, Wind (Small), Hydroelectric (Small), Geothermal Direct-Use, Fuel Cells using Renewable Fuels

Summary

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 include systems that generate energy from solar, wind, solid waste, geothermal, fuel cells, biomass, wood waste, or small hydropower systems.