Montana Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 05/10/2012
Program Overview:
| State: |
Montana |
| Incentive Type: |
Personal Tax Credit |
| Eligible Efficiency Technologies: |
Water Heaters, Lighting, Lighting Controls/Sensors, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, LED Lighting |
| Applicable Sectors: |
Residential, Multi-Family Residential |
| Amount: | 25% of cost of capital investment |
| Maximum Incentive: | $500 per individual; up to $1,000 for a married couple filing jointly |
| Web Site: |
http://revenue.mt.gov/forindividuals/ind_tax_incentives/default.m...
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Authority 1:
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M.C.A. ยง15-32-109
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Summary:
Individual taxpayers may claim a credit against their tax liability for up to 25% of the costs of investment for energy conservation purposes in a building. For the installation of windows and doors in new homes, the credit is based on the incremental or extra cost for above code level windows and doors. The maximum credit is $500 per individual for investment in the physical attributes of a building or in a water, heating or cooling system. The $500 credit is available to each individual that can claim ownership of a building, so a married couple filing jointly can claim a tax credit of $1,000. The credit must be claimed in the year that the expenditure is made. For new construction, only the portion of the work that surpasses any applicable state or federal construction standards may be used.
Use Montana Department of Revenue Tax Form ENRG-C to take this credit. |
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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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