Montana Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 12/07/2012
Program Overview:
| State: |
Montana |
| Incentive Type: |
Property Tax Incentive |
| Eligible Efficiency Technologies: |
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| Eligible Renewable/Other Technologies: |
Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Small Hydroelectric, Fuel Cells using Renewable Fuels |
| Applicable Sectors: |
Commercial, Industrial |
| Amount: | 100% exemption for 5 years |
| Eligible System Size: | Up to 1 MW nameplate capacity |
| Expiration Date: | none |
| Web Site: |
http://www.deq.mt.gov/Energy/renewable/taxincentrenew.mcpx#15-6-2...
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Authority 1:
Date Enacted:
Expiration Date:
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MCA ยง 15-6-225
2001
none
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Summary:
New electricity generating facilities built in Montana with a capacity of up to one megawatt (MW) that use an alternative renewable energy source are exempt from property taxes for five years after operation begins. The taxable value of the property varies depending on the property ownership and class. The assessed value of personal property is adjusted yearly based on a trend factor that reflects the relevant rate of inflation and on the Montana Department of Revenue’s depreciation schedule. State property tax exemption forms are available at the Department of Revenue’s county office.
"Alternative renewable energy source" includes energy sources such as solar energy, wind energy, geothermal energy, conversion of biomass, fuel cells that do not require hydrocarbon fuel, small hydroelectric generators, and methane from solid waste that is used to generate energy in a useful form, including electricity.
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Contact:
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Information Specialist - MT Dept. of Rev.
Montana Department of Revenue
P.O. Box 5805
Helena, MT 59604-5805
Phone: (406) 444-6900
Web Site: http://mt.gov/revenue/
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Paul Cartwright
Montana Department of Environmental Quality
Energy Planning & Renewable Energy
1100 North Last Chance Gulch
P. O. Box 200902
Helena, MT 59620
Phone: (406) 841-5234
Fax: (406) 841-5091
E-Mail: pcartwright@mt.gov
Web Site: http://deq.mt.gov/energy/default.mcpx
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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