Combined Heat and Power Partnership
Generation Facility Corporate Tax Exemption
| Date Last Updated | 11/16/2012 |
| Incentive Type | Tax |
| State/Federal | MT |
| Incentive Administrator/Contact Office | Montana Department of Revenue |
| Incentive Initiation Date | 1/1/2001 |
| Incentive Size and Funding Source | New electricity generating facilities built in Montana are exempt from property taxes for 5 years after operation begins. The taxable value of the property varies depending on the property ownership and class. The assessed value of personal property is adjusted yearly based on a trend factor that reflects the relevant rate of inflation and on the Montana Department of Revenue?s depreciation schedule. |
| Eligible Recipient | Owners of new commercial or industrial electricity generating facilities built in Montana that use an alternative renewable energy source. |
| Eligible Fuel | Landfill Gas; Woody Biomass; Biogas; Other |
| Eligible Project Size (MW) | <1.0 MW |
| Minimum Efficiency Required (%) | Does Not Specify |
| Other Selected Eligibility Criteria | Alternative renewable energy source includes energy sources such as solar energy, wind energy, geothermal energy, conversion of biomass, fuel cells that do not require hydrocarbon fuel, small hydroelectric generators and methane from solid waste that is used to generate energy in a useful form, including electricity. |
| Other Incentive Details | No special form needed; contact Department of Revenue's local county office for more information. |
| Resource Website(s) |
