If you are in the market for a new appliance, the state of Florida has a deal for you. Energy efficient appliances are tax free this weekend, and even if you just need light bulbs, now is the time to buy.
From Dishwashers to washing machines, a dozen energy efficient appliances will be tax free this coming weekend Appliance Dealer Mike Munroe compared two washers for us. “It uses a third of the water of a traditional washer. This unit right here costs seventeen dollars a year to operate if you have an electric water heater. Here you go…You’re looking at 46 dollars a year here, so you’re talking about thirty dollars a year in energy consumption difference between the two.”
When it comes to water saving, toilets, faucets, show heads and irrigation controllers are also tax free. Samantha Lee Stratton from the Florida Retail Federation says retailers will also be offering special discounts. “You know, consumers deferred these types of purchases during the economic downturn. And this is their opportunity to upgrade their appliances inside the home.”
This is only the second time energy efficient appliances have been tax free. Light bulbs are included in this go around. But there is a catch on big ticket items. Only the first 1500 of a purchase is tax free, Which means you’ll still pay tax on half of this 3 thousand dollar refrigerator.
Mike Munroe says there are also quantity limitations. “You can buy multiples of items that are energy star rated if the value of it is under five hundred, but if it’s over five hundred up to fifteen hundred dollars, you can only buy one in that category.”
The state budgeted two million dollars for taxes it won’t collect, but retailers say the number is likely to be much larger. Clothes dryers are on the list, but no energy star rated dryers are currently on the market. The tax free holiday begins at 12:01 AM Friday and ends at 11:59 Sunday night.
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