Incentive Programs for Green Remodeling (March, 2009)

INCENTIVE PROGRAMS:

  • FLATHEAD ELECTRIC
  • NW ENERGY
  • MONTANA INCENTIVES FOR RENEWABLES AND EFFICIENCY
  • FEDERAL TAX CREDITS FOR ENERGY EFFICIENCY

                This is an outline of incentive programs available that could apply in a renovation.  Review the specifics within each of these programs before beginning your project in order to ensure your ability to qualify.  For example, some programs require an installer with a special qualification in order for the rebate to apply.   

 

FLATHEAD ELECTRIC                                     http://www.flatheadelectric.com

  • Energy Fix Residential Insulation Rebate

                Flathead Electric Cooperative will pay rebates for new properly installed insulation in your           electrically heated home. This offer is for existing homes only and does not apply to new   construction.

  • Energy Fix Residential Prime Window Replacement Rebate

                Flathead Electric Cooperative is offering rebates for qualifying models of replacement windows                in electrically heated homes. In order to qualify:

                >Existing windows must be either single pane wood or metal frame (with or without      storm windows) or double pane windows with metal frames.

                                >Prime window replacements must meet Energy Star requirements and have a U-value                                               of .30 or less.

  • Air Source Heat Pump Rebate

                Flathead Electric Cooperative will pay you a $1,000 rebate if you purchase and install a   qualifying model.

  • Ground Source Heat Pump Rebate

                Flathead Electric Cooperative will pay you a rebate if you purchase and install a qualifying             model.

  • Energy Star Appliance Rebate

                Flathead Electric Cooperative will pay you a rebate if you purchase and install the following         Energy Star rated model appliances.

                                >Clothes Washer – $70.00 with an electric water heater; $25.00 with a gas water heater

                                >Refrigerator – $25.00

                                >Dishwasher – $25.00

                                >Freezer – $25.00

  • Electric Water Heater Rebate

                Flathead Electric Cooperative will pay you a $60 rebate if you purchase and install a high                efficiency model.

                Note: Look for a .93 (or higher) energy factor for 60 gallons or less, and a .91 energy factor for    61 gallons or over. Call the Co-op if there are any questions.

                Install the tank in our service territory.

 

Contact: Diane R
Energy Services Administrative Assistant
Flathead Electric Cooperative
(406)-751-1875

 

 

 

NW ENERGY

Rebates for Homeowners  : Visit http://www.northwesternenergy.com to review the details

MONTANA INCENTIVES FOR RENEWABLES AND EFFICIENCY

A.      Residential Geothermal Systems Credit

Incentive Type:

Personal Tax Credit

 

Eligible Renewable/Other Technologies:

Geothermal Heat Pumps

Applicable Sectors:

Residential

 

Amount:

100%

 

 

Maximum Incentive:

$1,500

 

 

Carryover Provisions:

Credit not used in the year in which the system is installed may be carried forward for the 7 succeeding tax years.

 

 

Website:

http://www.deq.mt.gov/Energy/renewable/taxincentrenew.mcpx#15-32-115

 

 

Authority 1:

MCA § 15-32-115

 

 

Date Enacted:

5/5/2001

 

 

Effective Date:

1/1/2002

 

 

Expiration Date:

None

 

 

 

 

Summary:

 

A resident taxpayer of Montana who installs a geothermal heating or cooling system in their principal dwelling can claim a tax credit based on the installation costs of the system, not to exceed $1,500.  
 

Contact:

 

Kathi Montgomery
Montana Department of Environmental Quality
Planning, Prevention, and Assistance
1100 North Last Chance Gulch
PO Box 200902
Helena, MT 59620
Phone: (406) 841-5243
Fax: (406) 444-6836
E-Mail: kmontgomery@mt.gov
Web site: http://www.deq.state.mt.us/ppa/

 

 

 

Information Specialist – MT Dept. of Rev.
Montana Department of Revenue
P.O. Box 5805
Helena, MT 59604-5805
Phone: (406) 444-6900
Web site: http://www.state.mt.us/revenue

Use Montana Department of Revenue Tax Form ENRG-C (you can find this form at:  http://mt.gov/revenue/formsandresources/07forms/2007_ENRG-A.pdf) to take this credit.  

 

 

B.      Energy Conservation Installation Credit

 

Incentive Type:

Personal Tax Credit

 

Eligible Efficiency Technologies:

Water Heaters, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Building Insulation, Windows, Doors

Applicable Sectors:

Residential, Multi-Family Residential

 

Amount:

25% of cost of capital investment

 

 

Maximum Incentive:

$500 per home owner

 

 

Website:

 http://revenue.mt.gov/forindividuals/ind_tax_incentives/energy_related_tax_relief.mcpx

 

 

Authority 1:

M.C.A. §15-32-109

 

 

 

 

Summary:

 

Individual taxpayers may claim a credit against their tax liability for up to 25% of the costs of investment for energy conservation purposes in a building. The maximum credit is $500 for investment in the physical attributes of a building or in a water, heating or cooling system. The credit must be claimed in the year that the expenditure is made. For new construction, only the portion of the work that surpasses any applicable state or federal construction standards may be used.  
 
Use Montana Department of Revenue Tax Form ENRG-C (you can find this form at:  http://mt.gov/revenue/formsandresources/07forms/2007_ENRG-A.pdf
) to take this credit.  

 

 

 

Contact:

Incentive Type:

Personal Tax Credit

 

Eligible Renewable/Other

 

Technologies:

Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Low-Emission Wood Stoves, Small

 

Hydroelectric, Fuel Cells using Renewable Fuels

Applicable Sectors:

Residential

 

Amount:

100%

 

 

Maximum Incentive:

$500

 

 

Carryover Provisions:

Excess credit may be carried forward four years.

 

 

Eligible System Size:

Hydroelectric systems not to have generation capacity greater than 1 MW

 

 

Equipment/Installation Requirements:

Systems must be new and in compliance with all applicable performance and safety standards.

 

 

Authority 1:

MCA § 15-32-201

 

 

Date Enacted:

2001

 

 

Effective Date:

1/1/2002

 

 

Expiration Date:

none

 

 

Website:

http://www.deq.state.mt.us/
energy/Renewable/TaxIncentRenew.asp#15-32-201

 

 

 

 

Contact:

Public Information Officer
Montana Department of Revenue
P.O. Box 5805
Helena, MT 59604-5805
Phone: (406) 444-6900
Web site: http://www.state.mt.us/revenue/css/default.asp

 

 

 

C.      Residential Alternative Energy System Tax Credit

 

 

 

Summary:

 

Residential taxpayers who install an energy system using a recognized non-fossil form of energy on their home after 12/31/01 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. The tax credit may be carried over for the next four taxable years.  
 
Recognized non-fossil forms of energy generation means:  
1. A system that captures energy or converts energy sources into usable sources, including electricity, by using:

solar energy, including passive solar systems;  

wind;  

solid waste;  

the decomposition of organic wastes;  

geothermal;  

fuel cells that do not require hydrocarbon fuel; or  

an alternative energy system;

2. A system that produces electric power from biomass or solid wood wastes; or  
3. A small system that uses water power by means of an impoundment that is not over 20 acres in surface area.

 

Contact:

 

Kathi Montgomery
Montana Department of Environmental Quality
Planning, Prevention, and Assistance
1100 North Last Chance Gulch
PO Box 200902
Helena, MT 59620
Phone: (406) 841-5243
Fax: (406) 444-6836
E-Mail: kmontgomery@mt.gov
Web site: http://www.deq.state.mt.us/ppa/

 

 

 

Information Specialist – MT Dept. of Rev.
Montana Department of Revenue
P.O. Box 5805
Helena, MT 59604-5805
Phone: (406) 444-6900
Web site: http://www.state.mt.us/revenue

FEDERAL TAX CREDITS FOR ENERGY EFFICIENCY

Tax credits are available for qualified solar water heating and photovoltaic systems. The credits are available for systems “placed in service” from January 1, 2006 through December 31, 2016. The tax credit is for 30% of the cost of the system, up to $2,000. After December 31, 2008, this $2,000 cap will be removed for photovoltaic systems (but not solar water heaters). This credit is completely separate from the $500 home improvement credit.

 

Contact:

 

Public Information – IRS
Internal Revenue Service
1111 Constitution Avenue, N.W.
Washington, DC 20224
Phone: (800) 829-1040
Web site: http://www.irs.gov

_____________________________________________________________________________________

ENERGY STAR : (Federal $500 Home Improvement Credit)

FOR MORE INFO, visit:  http://www.energystar.gov/index.cfm?c=products.pr_tax_credits#c1

Home Improvements

Home improvement tax credits are now available for home improvements “placed in service” from

January 1, 2009 through December 31, 2009.

Home improvement tax credits are available for insulation, replacement windows, water heaters,

certain high efficiency heating and cooling equipment, and biomass stoves. See chart. The

maximum amount that a taxpayer may claim from all of these tax credits combined is $500

over the lifetime of the tax credit (2006, 2007 & 2009).

If you are building a new home, you can qualify for the tax credit for photovoltaics, solar

water heaters, small wind systems and fuel cells, but not the tax credits for windows, doors,

 insulation, roofs, HVAC, or non-solar water heaters. The Internal Revenue Service (IRS) guidance

for consumers: IRS Notice 2006-26

 

 

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