Residential Alternative Energy System Tax Credit

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Eligibility: 
Residential
Low Income Residential
Savings Category: 
Solar - Passive
Solar Water Heat
Solar Space Heat
Geothermal Electric
Solar Photovoltaics
Wind (All)
Biomass
Geothermal Heat Pumps
Wind (Small)
Hydroelectric (Small)
Geothermal Direct-Use
Fuel Cells using Renewable Fuels
Maximum Rebate: 

$500 per individual taxpayer; up to $1,000 per household.

Program Info
Sector Name: 
State
Administrator: 
Montana Department of Environmental Quality
State: 
Montana
Program Type: 
Personal Tax Credit
Rebate Amount: 

100%

Summary: 
Residential taxpayers who install an energy system using a recognized non-fossil form of energy on their home after December 31, 2001 are eligible for a tax credit equal to the amount of the cost of the system and installation of the system, not to exceed $500. This cap is for individual taxpayers, so married taxpayers filing jointly can get a tax credit of up to $1,000 per household. The tax credit may be carried over for the following four taxable years.

Recognized non-fossil forms of energy generation include systems that generate energy from solar, wind, solid waste, geothermal, fuel cells, biomass, wood waste, or small hydropower systems.