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Energy Conservation Installation Credit
If you are a resident of Montana you can claim a credit against your income tax liability for energy conservation investments that you made to your home or other buildings. Your credit is equal to 25% of your expenses for a maximum credit of up to $500 for the capital investments you made to your home or another building for energy conservation purposes or for the installation or replacement of a hot water heater or household heating or cooling system. If you are married, your spouse may also qualify for this credit as long as the building in which the investment is made is owned by both spouses. In order to qualify for this credit you will have to show, and provide to us upon request, verification of your expenditures and that your investment will reduce the waste or dissipation of energy or reduce the amount of energy that is required to accomplish a given amount of work. If you are unable to provide this documentation and verification you will not be allowed to take this credit. For further instructions on the energy conservation credit and to calculate this credit, see Montana Form ENRG-C.
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