Take Advantage of NC Energy Star ® Tax Holiday
Many North Carolina residents are asking if the Energy Star ® tax holiday is taking place this year. The answer is YES! Here is what you need to know: The Energy Star ® tax holiday is taking place November 1–3, 2013 AND The Energy Star ® tax holiday will not be funded after this year.
The North Carolina Energy Star ® tax holiday, introduced in 2008 to encourage the use of
more energy efficient products while saving consumers money, will end this year. That means that the last chance to take advantage of this tax holiday in North Carolina is November 1–3, 2013 (between 12:01 A.M. on the first Friday of November and 11:59 P.M. the following Sunday).
The qualified Energy Star ® products are clothes washers, freezers and refrigerators, central air conditioners and room air conditioners, air-source heat pumps, ceiling fans, dehumidifiers, and programmable thermostats. The credit does not apply to the rental of a product or the sale of a product for use in a trade or business.
Energy Star ® is a program that was first developed in 1992 by the US Environmental Protection Agency (EPA) as a method to identify and promote products that are energy efficient.
Products carrying this symbol provide a way for consumers to save money, while at the same time, protect our environment. Since its initial onset, the government has partnered with other industry members, to promote and expand the scope of this project to include, not only major appliances, but also new homes and buildings.
There have also been many major advances in technologies, leading to such energy savers as LCD lighting and ‘stand-by’ product features. Research and development is still on-going, as manufacturers strive to deliver low cost energy products.
A major appliance which sports the Energy Star® label, is not necessarily a better product than a comparable model, but in order to be rated Energy Star ®, it must meet very strict energy efficiency guidelines as set out by that program.
When purchasing appliances, watch for the Energy Star ® rating and energy guides. An appliance labeled ‘Energy Efficient’ may be low energy rated, but may not meet the standards to be an Energy Star ® product.
Energy guide ratings for appliances will show their typical usage in kilowatt hours per year – the lower the energy number, the more cost efficient it is to run.
Appliances carrying the Energy Star ® rating typically are 10 to 20% more energy efficient than non-rated models. This means, you’ll not only save money, but help your environment as well.
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