A resident individual taxpayer of Montana who installs a geothermal heating or cooling system in his or her principal dwelling is eligible for a tax credit based on the installation costs of the system. The credit may not exceed $1,500, and only one credit may be claimed per household. If not used fully in the first year the system is installed, the credit may be carried forward for the 7 succeeding tax years.
Use Montana Department of Revenue Form ENRG-A to claim this tax credit.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Montana |
| Incentive Type: | Personal Tax Credit |
| Web Site: | http://www.deq.mt.gov/Energy/renewable/taxincentrenew.mcpx#15-32-115 |
| Administrator: | Montana Department of Environmental Quality |
| Start Date: | 1/1/2002 |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | 100% |
| Maximum Incentive: | $1,500 |
| Carryover Provisions: | Credit not used in the year in which the system is installed may be carried forward for the 7 succeeding tax years. |
| Technologies: | Geothermal Heat Pumps, Geothermal Direct-Use |
| Sectors: | Residential, Low Income Residential |
| Parameters: | The incentive is 100.00 %, The incentive has a minimum of $1500.00 |
| Name: | MCA § 15-32-115 |
| Date Enacted: | 5/5/2001 |
| Effective Date: | 1/1/2002 |
| Expiration Date: | None |
| Name: | Kathi Montgomery |
| Address: |
1520 East Sixth Ave. Helena MT 59620 |
| Phone: | (406) 444-6586 |
| Email: | kmontgomery@mt.gov |
| 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.
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