Gov. Easley Announces Consumer Savings On Energy Efficient Appliances
Date: November 5, 2008
RALEIGH – Gov. Mike Easley today announced that North Carolina consumers can find significant savings on the purchase of energy efficient appliances during the state’s first tax-free weekend for energy efficient appliances, which runs Friday, Nov. 7 through Sunday, Nov. 9. The tax-free weekend gives consumers a break from state and local taxes on big-ticket items such as clothes washers, freezers, refrigerators and other appliances that carry the “Energy Star” label.
“In today’s tough economy, families need a break wherever they can find one. This tax holiday will help them save money they can use for food, gas, rent or other necessities,” Easley said. “In addition, purchasing an ‘Energy Star’ appliance is a step toward keeping our environment cleaner, something we should all strive to do.”
“Energy Star” products are designed to operate more efficiently, resulting in the production of less greenhouse gas. The products also use less energy, saving consumers money on their power bills. The products meet the energy efficient standards set by the Environmental Protection Agency and the U.S. Department of Energy.
Clothes washers, freezers, refrigerators, central air conditioners, room air conditioners, air-source heat pumps, geothermal heat pumps, ceiling fans, dehumidifiers and programmable thermostats will be exempt from state and local taxes during the holiday provided they carry the “Energy Star” label. The items will be exempt from state and local sales and use taxes when purchased between 12:01 a.m. Friday and 11:59 p.m. Sunday.
Items purchased for use in a trade or business and for rentals are not covered by the exemption. Purchases of qualifying “Energy Star” products by contractors who will install the products in structures for customers are subject to the tax even when purchased during the holiday.
According to the U.S. Environmental Protection Agency and the U.S. Department of Energy, Americans saved enough energy in 2007 to avoid an amount of greenhouse gas emissions equal to the amount released by 27 million cars. Americans also saved $16 billion on their utility bills in 2007 by using “Energy Star” appliances.For additional information, see the Energy Star tax holiday flyer at www.energync.net/energystar.pdf.
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