Individual taxpayers may claim a credit against their income tax liability for up to 25% of the costs of investment for energy conservation purposes in a building. The maximum credit is $500 per individual (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. It is nonrefundable and may not be carried over to future years. For doors, windows, and skylights in new construction, only the amount spent to surpass the applicable state or federal construction and energy standards may be used.
Use Montana Department of Revenue Tax Form ENRG-C to take this credit.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Montana |
| Incentive Type: | Personal Tax Credit |
| Web Site: | https://revenue.mt.gov/home/individuals/taxrelief_energy#Energy-Conservation-Installation-Credit-776 |
| Administrator: | Montana Department of Revenue |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | 25% of cost of capital investment |
| Maximum Incentive: | $500 per individual; up to $1,000 for a married couple filing jointly |
| Technologies: | Equipment Insulation, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Heat recovery, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Other EE, LED Lighting |
| Sectors: | Residential, Multifamily Residential |
| Parameters: | The incentive is 25.00 % of cost, The incentive has a minimum of $500.00 |
| Name: | M.C.A. §15-32-109 |
| Name: | Public Information Officer |
| Organization: | Montana Department of Revenue |
| Address: |
P.O. Box 5805 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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