Alternative Energy Investment Tax Credit
Commercial and net metering alternative energy investments of $5,000 or more are eligible for a tax credit of up to 35% against individual or corporate tax on income generated by the investment. The investment must be depreciable. The credit is applied only against taxes due as a consequence of taxable or net income produced by:
- A manufacturing plant that is located in Montana and that produces alternative energy generating equipment;
- A new business facility or the expanded portion of an existing business facility that supplies basic energy needed from the alternative energy generating equipment, on a direct contract sales basis
- Read more about Alternative Energy Investment Tax Credit
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