Generation Facility Corporate Tax Exemptions

October 28, 2024

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.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Montana
Incentive Type:	Property Tax Incentive
Web Site:
Administrator:
Start Date:
Eligible Renewable/Other Technologies:	Geothermal Electric Solar Thermal Electric Solar Photovoltaics Wind (All) Biomass Landfill Gas Wind (Small) Hydroelectric (Small) Fuel Cells using Renewable Fuels
Incentive Amount:	100% exemption for 5 years
Eligible System Size:	Up to 1 MW nameplate capacity

Incentives

This program has 1 incentives

Technologies:	Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Landfill Gas, Wind (Small), Hydroelectric (Small), Fuel Cells using Renewable Fuels
Sectors:	Commercial, Industrial
Parameters:	The incentive is 100.00 %, The incentive has a minimum of 5.00 Years, The system has a minimum of 1.00 MW

Authorities

Name:	MCA § 15-6-225
Date Enacted:	2001
Expiration Date:	none

Contact

Name:	Information Specialist - MT Dept. of Rev.
Organization:	Montana Department of Revenue
Address:	P.O. Box 8018 Helena MT 59604-5805
Phone:	(406) 444-6900
Email:	DORCustomerAssistance@mt.gov

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.