Loan Applications Now Being Accepted
Call the Alternative Energy Revolving Loan Program 406-444-6697
The AERLP is currently funded and applications are being accepted. The interest rate for 2018 is 3.5 percent. Loans can be made up to a maximum of $40,000 and may be repaid in up to 10 years, depending on the loan amount. Interest rates are set annually and are fixed for the term of the loan.
Recently extended to 2019!
A taxpayer may claim a credit of 30% of qualified expenditures for a system that serves a dwelling unit located in the United States that is owned and used as a residence by the taxpayer. Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2016. The home served by the system does not have to be the taxpayer’s principal residence.