Montana law exempts capital investments in non-residential buildings that generate energy from non-fossil sources from property tax. Exemptions cannot exceed $100,000 and last ten years after installation. To claim the exemption, use Montana Department of Revenue Form AB-14.
The Montana Energy Office operates a revolving fund to provide low-interest loans to local governments, non-profits, and businesses under 100 employees for renewable energy and efficiency projects. The program offers loans up to $40,000 at an interest rate of 3% on terms of up to
To assist in the development of programs using wood biomass for energy, the Montana Department of Natural Resources and Conservation provides information on biomass feedstock supplies and helps navigate financing options, analytical tools, and networking opportunities. Their “Biomass Ready” program helps building developers make sure
Commercial properties and large residential developments in certain Montana districts can apply for financing that covers 100% of the upfront costs for renewable energy and energy efficiency projects. Applicants must show that projects save more money than they cost over their lifetimes. Repayment periods can
The Montana Department of Environmental Quality provides grants for development and demonstration projects that use thermal storage or green hydrogen to store renewable energy to be discharged at a later date. Eligible grant recipients include entities of the Montana university system, agricultural research centers, private
Under Montana property tax, properties that produce renewable energy and began construction after June 1, 2007, are taxed at 3% of their market value.
In 2021, Montana created a new tax classification for green hydrogen, alongside new tax incentives for the technology. Under the law, any facility producing hydrogen without emitting greenhouse gasses, storing or transporting such hydrogen, or generating electricity from such hydrogen will be taxed at a
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
