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Tuesday, March 23, 2010
News / Biz Time to go appliance shopping
Posted By Rhiannon Fionn-Bowman on Tue, Mar 23, 2010 at 10:22 AM
No, really: How's that ancient refrigerator of yours holding up? Still giving all of your frozen goods freezer burn? Then, check this out: We have a brief window of opportunity to buy new, energy efficient appliances and get a tax rebate for doing so. And, the bonus: You'll save money on your energy bill to boot. So, what are you waiting for?
Coming soon to an appliance store near you: the $300 million appliance version of the government's Cash for Clunkers program. To encourage consumers to transition to Energy Star appliances, the Department of Energy will offer rebates ranging from $50 to $300, depending on the price and type of appliance.Money was given to each state based on population; South Carolina will get about $4.3 million, North Carolina will receive about $8.8 million. Some of the rebates will be instant, but others may require mailing in information. Be sure to have all the necessary documentation to include in that mail-in rebate.
The program starts in South Carolina on March 31 and will end when the rebate money is gone. You'll need to act fast if you live in North Carolina, where the instant rebate phase begins April 22-25 and the mail-in program starts in June.
To read the rest of this Charlotte Observer article, by Tara McAlister, click here.
What appliances qualify? Visit EnergySavers.gov for a list.
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