Sustainable Building Forum
November 20, 2008, 11:13:53 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Filters Fast - Water Filters and Purifiers for Your Refrigerator, Home & Outdoors
 
   Home   Help Search Calendar Login Register  

Pages: [1]
  Send this topic  |  Print  
Author Topic: Federal Tax Credits for Energy Star Appliances  (Read 909 times)
0 Members and 1 Guest are viewing this topic.
cbgould
Guest
« on: August 14, 2007, 04:42:47 PM »

I just purchased an Energy Star refrigerator - are there federal tax credits available on energy star refrigerators?
Report to moderator   Logged
lizandjer
Administrator
Silver Member
*****
Posts: 83



« Reply #1 on: August 14, 2007, 04:45:02 PM »

Unfortunately, when it comes to Energy Star appliances the federal tax
credits are given to the manufacturers, not the consumers.  On the plus
side, this should lead to lower prices, but you won't get any extra
benefits come tax time.  For your reference, see the below excerpt from
the Energy Star website:

Quote
Tax Credits for Manufacturers:

While not directly affecting consumers, manufacturers of energy efficient
clothes washers, dishwashers and refrigerators are eligible for tax breaks
themselves, which may lead to increased availability and a reduction in
prices for these energy-saving appliances:

    * ENERGY STAR qualified dishwashers that meet ENERGY STAR's 2007
specification.
    * ENERGY STAR qualified clothes washers that meet ENERGY STAR's 2007
specifications.
    * Refrigerators that are more efficient than 2001 federal energy
conservation standards

Now, this doesn't mean all is lost though.  Many local utilities provide
rebates for energy saving products - usually in the $50 range for
appliances.  Getting in touch with them is probably your next best bet to
save a few extra dollars.
Report to moderator   Logged
Windy
Guest
« Reply #2 on: November 07, 2007, 03:10:28 PM »

Even if you aren't getting a tax credit, at least you will save some money on your energy bills in the long run.  Also, you can feel proud that you are doing something to help the environment.  It would be great if the government could get behind it more though by offering a credit- that would definitely be a step in the right direction.
Report to moderator   Logged
Sustainable Building Forum
   

 Logged
Pages: [1]
  Send this topic  |  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.2 | SMF © 2006-2007, Simple Machines LLC
Joomla Bridge by JoomlaHacks.com
Valid XHTML 1.0! Valid CSS!
Google
 
© 2008 Informed Building by ELLC