§ 15-32-101 Purpose
§ 15-32-102 Definitions
§ 15-32-103 Deduction for energy-conserving investments
§ 15-32-104 Limitations on deduction and credit
§ 15-32-105 Application to new construction — rules
§ 15-32-106 Procedure for obtaining benefit of deduction
§ 15-32-107 Repealed
§ 15-32-108 Repealed
§ 15-32-109 Repealed
§ 15-32-115 Repealed

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Montana Code > Title 15 > Chapter 32 > Part 1 - Investment in Energy Conservation or Alternative Energy

  • Alternative energy system: means the generation system or equipment used to convert energy sources into usable sources using fuel cells that do not require hydrocarbon fuel, geothermal systems, low-emission wood or biomass, wind, photovoltaics, geothermal, small hydropower plants under 1 megawatt, and other recognized nonfossil forms of energy generation. See Montana Code 15-32-102
  • Building: means :

    (a)a single or multiple dwelling, including a mobile home or manufactured home; or

    (b)a building used for commercial, industrial, or agricultural purposes that is enclosed with walls and a roof. See Montana Code 15-32-102

  • Capital investment: means any material or equipment purchased and installed in a building or land with or without improvements. See Montana Code 15-32-102
  • Energy conservation purpose: means one or both of the following results of an investment:

    (a)reducing the waste or dissipation of energy; or

    (b)reducing the amount of energy required to accomplish a given quantity of work. See Montana Code 15-32-102

  • Passive solar system: means a direct thermal energy system that uses the structure of a building and its operable components to provide heating or cooling during the appropriate times of the year by using the climate resources available at the site. See Montana Code 15-32-102
  • Recognized nonfossil forms of energy generation: means :

    (a)a system that captures energy or converts energy sources into usable sources, including electricity, by using:

    (i)solar energy, including passive solar systems;

    (ii)wind;

    (iii)solid waste;

    (iv)the decomposition of organic wastes;

    (v)geothermal;

    (vi)fuel cells that do not require hydrocarbon fuel; or

    (vii)an alternative energy system;

    (b)a system that produces electric power from biomass or solid wood wastes; or

    (c)a small system that uses water power by means of an impoundment that is not over 20 acres in surface area. See Montana Code 15-32-102