Program | Residential Geothermal Systems Credit |
---|---|
Category | Financial Incentive |
Implementing sector | State |
Last Update | |
State | Montana |
Administrator | Montana Department of Environmental Quality |
Website | http://www.deq.mt.gov/Energy/renewable/taxincentrenew.mcpx#15-32-115 |
Start Date | |
Sectors | Residential |
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.