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| Property Tax Exemption | |
|---|---|
| Eligible States | MT |
| Type | Tax Exemption |
| Area of Interest | Renewable Energy |
| Description | The Renewable Energy Systems Exemption applies to non-fossil forms of energy generation equipment or low-emission wood or biomass combustors. These systems are exempt from property taxes for 10 years following installation. The exemption is for up to $20,000 for single-family residences or $100,000 for all other structures. This property is class 4 property and otherwise would be taxed on 3.46 percent of assessed value. New generating facilities can also qualify for property tax exemptions (under 1 MW) or reduction in tax burden (facilities 1 MW or greater) for the first five years after installation. |
| Eligible Organizations | Livestock Producer, Commercial/Industrial Business, Small Business |
| How to Apply | State property exemption forms are available from the Department of Revenue's county office. |
| For More Information | http://www.deq.state.mt.us/energy/Renewable/TaxIncentRenew.asp |
| Primary Contact | Georgia Brensdal Montana Department of Environmental Quality Planning, Prevention & Assistance 1100 North Last Chance Gulch P. O. Box 200902 Helena, MT 59620 (406) 841-5240 gbrensdal@mt.gov |
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