Solar & Battery Regulation & Incentive Programs

Residential Alternative Energy System Tax Credit

Program Overview


Category:
Financial Incentive
Program Type:
Personal Tax Credit
Implementing Sector:
State
State:
Montana
Eligible Storage 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
Website:
http://deq.mt.gov/Energy/EnergizeMT/Renewable/TaxIncentRenew#nonfossilgeneration
Incentive Amount:
100%
Maximum Incentive:
$500 per individual taxpayer; up to $1,000 per household.
Equipment Requirements:
Systems must be new and in compliance with all applicable performance and safety standards
Carryover Provisions:
Excess credit may be carried forward four years
Administrator:
Montana Department of Environmental Quality
Applicable Sectors:
Residential, Low Income Residential
Start Date:
01/01/2002
Last Updated:
09/27/2018

Eligibility Criteria

EligibilitySectorsTechnologies
%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

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.  


Authorities

NameEnacted DateEffective DateExpired Date
MCA § 15-32-20120011/1/2002none