Electrical Energy Producers Tax
A quarterly tax is imposed on any business engaged in the generation of electrical energy. The tax is .02 cents per kilowatt-hour of electrical energy generated, manufactured or produced.
Filing Requirements
Producers of electricity shall file quarterly returns showing the amount of electricity produced except for necessary plant use. The statements and tax due must be submitted within 30 days following the end of each calendar quarter. (MCA 15-51-101)
Distribution of Electrical Energy Tax
The Department of Revenue collects the tax. All proceeds are deposited in the state general fund.
Production Incentives
Not applicable. However, an interest differential credit is allowed utility providers for low-interest loans provided to customers for energy efficiency improvements.
