Montana Electric Vehicle Incentives
Montana electric vehicle incentives offer a tax credit for 50% of the labor and equipment costs to convert a vehicle to an electric or an alternate fuel source.
Written by Bellina Gaskey
Reviewed by Carrie Adkins
In Montana, you may be eligible for an income tax credit toward 50% of your labor and equipment costs to convert a vehicle to electric or an alternate fuel source.
In the United States today, a shocking 90% of the energy consumed for transportation comes from petroleum. The transportation sector as a whole is the leading source of greenhouse gas emissions, but electric vehicles can help change this statistic.
To encourage drivers to choose electric vehicles, many states are making EVs accessible to more people through incentives—often in the form of rebates.
Offers vary depending on the state, so the
car insurance
comparison and broker app Jerry
has compiled a guide to Montana electric vehicle incentives.How much can I save with the Montana electric vehicle incentive?
In Montana, the electric vehicle incentive will save you 50% of the labor and equipment costs for converting a vehicle to electric or an alternate fuel source. The incentive comes in the form of an income tax credit.
If you are interested in a tax credit for purchasing a new battery or hybrid plug-in electric vehicle, you’ll need to apply for the
federal tax credit
. How to get Montana electric vehicle incentive
- Be a Montana resident and not be a seller of alternative fuel
- Convert an existing vehicle to run off an alternative fuel source, including electricity
You may need to provide supporting documentation when you complete your annual state income tax forms.
How to find cheap car insurance for your electric vehicle
Just by driving an electric vehicle, you’re helping change national trends when it comes to carbon dioxide emissions. Why not buck the trend of overpaying for your car insurance, too?
Whether your eco-vehicle of choice is all-electric or a plug-in hybrid,
Jerry
can help you find the best deal for the coverage you need in Montana.The Jerry app makes comparison shopping shockingly easy. You’ll be presented with your policy and dozens of competitive quotes customized for you. When you’re ready to switch, Jerry will even help you cancel your old policy in-app!
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