Solar & Battery Regulation & Incentive Programs

Residential Geothermal Systems Credit

Program Overview


Category:
Financial Incentive
Program Type:
Personal Tax Credit
Implementing Sector:
State
State:
Montana
Eligible Storage Technologies:
Geothermal Heat Pumps, Geothermal Direct-Use
Website:
http://www.deq.mt.gov/Energy/renewable/taxincentrenew.mcpx#15-32-115
Incentive Amount:
100%
Maximum Incentive:
$1,500
Carryover Provisions:
Credit not used in the year in which the system is installed may be carried forward for the 7 succeeding tax years.
Administrator:
Montana Department of Environmental Quality
Applicable Sectors:
Residential, Low Income Residential
Start Date:
01/01/2002
Last Updated:
10/27/2016

Eligibility Criteria

EligibilitySectorsTechnologies
%100.0000
Residential
Low Income Residential
Geothermal Heat Pumps
Geothermal Direct-Use
max $1500.0000
Residential
Low Income Residential
Geothermal Heat Pumps
Geothermal Direct-Use

Summary

A resident individual taxpayer of Montana who installs a geothermal heating or cooling system in his or her principal dwelling is eligible for a tax credit based on the installation costs of the system. The credit may not exceed $1,500, and only one credit may be claimed per household. If not used fully in the first year the system is installed, the credit may be carried forward for the 7 succeeding tax years. 

Use Montana Department of Revenue Form ENRG-A to claim this tax credit.


Authorities

NameEnacted DateEffective DateExpired Date
MCA § 15-32-1155/5/20011/1/2002None