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Breakthrough Technologies Institute - Fuel Cells 2000

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E-mail: http://sos.state.mt.us/css/index.asp<br />

Web site: www.state.mt.us/revenue<br />

Alternative Energy Revolving Loan Program<br />

www.deq.state.mt.us/Energy/renewable/TaxIncentRenew.asp<br />

The Alternative Energy Revolving Loan Program (AERLP) provides loans to individuals,<br />

small businesses, local government agencies, units of the university system, and<br />

nonprofit organizations to install alternative energy systems that generate energy for<br />

their own use. Net metering is allowed. The program is funded by air quality penalties<br />

collected by the Department of Environmental Quality. The program is administered by<br />

the Department of Environmental Quality, which is responsible for developing the rules.<br />

Alternative energy systems are defined in MCA 15-32-102 as "the generation system or<br />

equipment used to convert energy sources into usable sources." The code goes on to<br />

list "fuel cells that do not require hydrocarbon fuel, geothermal systems, low emission<br />

wood or biomass, wind, photovoltaic and small hydropower plants (under 1 MW) and<br />

other recognized nonfossil forms of energy generation." DEQ will provide technical<br />

review and approval of systems proposed for the loan program.<br />

In 2005, SB 50 amended the loan program, increasing maximum loan amount to<br />

$40,000 (subject to available funds) and extending the repayment period to ten years.<br />

Additionally, SB 50 added local government agencies, units of the university system, and<br />

nonprofit organizations to the list of eligible sectors.<br />

Contact:<br />

Kathi Montgomery<br />

Department of Environmental Quality<br />

E-mail: kmontgomery@mt.gov<br />

Phone: (406) 841-5243<br />

VEHICLES<br />

Alternative <strong>Fuel</strong> Vehicle Conversion Tax Credit<br />

http://data.opi.state.mt.us/bills/1995/mca/15/30/15-30-164.htm<br />

An income tax credit is available to businesses or individuals for up to 50% of the<br />

equipment and labor costs for converting vehicles to operate on alternative fuels. The<br />

maximum credit is $500 for the conversion of vehicles of 10,000 pounds (lbs.) or less<br />

Gross Vehicle Weight Rating (GVWR) and $1,000 for vehicles over 10,000 lbs. GVWR.<br />

The credit must be applied in the year the conversion is made, and the seller of an<br />

alternative fuel may not receive a credit for converting their own vehicles to operate on<br />

the alternative fuel they sell. Hydrogen is listed as an alternative fuel.<br />

Contact:<br />

Montana Department of Revenue<br />

P.O. Box 5805<br />

Helena, MT 59604-5805<br />

Phone: (406) 444-6900<br />

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