Solar & Battery Regulation & Incentive Programs

Deduction For Energy-Conserving Investment

Program Overview

Category:: Financial Incentive
Program Type:: Corporate Tax Deduction
Implementing Sector:: State
State:: Montana
Eligible Storage Technologies:: Equipment Insulation, Lighting, Lighting Controls/Sensors, Heat recovery, Programmable Thermostats, Caulking/Weather-stripping, Building Insulation, Windows, Doors, Custom/Others pending approval, Other EE
Website:: https://revenue.mt.gov/home/individuals/taxrelief_energy#Other-Energy-Related-Tax-Relief-777
Incentive Amount:: Residential: 100% of first $1,000 expended, smaller amounts for subsequent spending
Non-Residential: 100% of first $2,000 expended, smaller amounts for subsequent spending
Maximum Incentive:: Residential: $1,800
Non-Residential: $3,600
Administrator:: Montana Department of Revenue
Applicable Sectors:: Commercial, Industrial, Agricultural
Last Updated:: 08/23/2016

Eligibility Criteria

Eligibility	Sectors	Technologies
max $3600.0000	Commercial Industrial Agricultural	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 for heating, cooling, or lighting. New construction must surpass established standards of new construction to be eligible for this deduction.

Authorities

Name	Enacted Date	Effective Date	Expired Date
MCA § 15-32-103
ARM 42.23.421, et seq.