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October Energy Star Tax Holiday!

Thursday, 06 October 2011 14:30
Published in News

October Energy Star Tax Holiday!It still works, but is probably costing you a bundle every year.Save money on any Energy Star and WaterSense Qualified Product that you buy this month.

Virginia charges no sales tax for these products during the month of October. This is the best time to replace that old refrigerator or freezer you have in the basement - or that washer and dryer. Still on the fence?

Consider these numbers: Refrigerators: Older than 1993? You're probably paying between $65-$200 more per year.

Washers and Dryers: Average savings is $70 per year for water and electricity. But even if you don't get new ones, you can operate them more efficiently today.

Find out more!

When: This four-day holiday begins on the Friday before the second Monday of October each year. The 2011 holiday will take place Friday, October 7, 2011, through Monday, October 10, 2011.

What's Exempt: During this period, purchases of certain Energy Star and WaterSense qualified products purchased for non-commercial use and costing $2,500 or less will be exempt from sales tax. The exempt Energy Star items include dishwashers, clothes washers, refrigerators, air conditioners, ceiling fans, compact fluorescent light bulbs, and programmable thermostats that carry the Energy Star designation. The exempt WaterSense items include bathroom sink faucets, faucet accessories, and toilets. Retailers may also choose to absorb the tax on other items during the holiday period, but they are responsible for paying the tax on those items to the Department of Taxation.

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