Solar & Battery Regulation & Incentive Programs
Eligibility | Sectors | Technologies |
---|---|---|
%100.0000 | Residential Low Income Residential | 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 |
max $1000.0000 | Residential Low Income Residential | 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 |
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.
Name | Enacted Date | Effective Date | Expired Date |
---|---|---|---|
MCA § 15-32-201 | 2001 | 1/1/2002 | none |