Energy Star in the News: A Texas Sales Tax Holiday and a Recap of Recent Articles
We’ve recently extolled the virtues of buying appliances with top Energy Star ratings, and it’s for a good reason. Sure, it might cost more initially to replace your outdated appliances, but with the savings you’ll rake in by being more energy efficient, you’ll pay for those new Energy Star appliances a couple of times before you have to think about replacing them.
Last week, we shared our analysis of certain top-rated Energy Star appliances as a way to show you were to best invest your money when improving your home. The discussion included refrigerators, washing machines, dishwashers, and central air conditioners, with special attention being paid to energy efficiency data, water usage, and the potential for overall savings. Ultimately, we recommended the GE GTH17BBC series refrigerator, the LG WM8000H front-loading washing machine, the Asko D5894 series dishwasher, and the Broan FS4BI series air conditioner.
And earlier this week, we talked about a recent study from the Institute for Market Transformation showing that an Energy Star rated home is much less likely to experience foreclosure then its regular counterparts. Some misinterpret the study’s findings by stating that the reduction in foreclosure only reflects that people who can afford the fancy appliances have the money to avoid foreclosure. Instead, one of the real surprises in the study revealed that it’s the accrued savings from owning energy efficient Energy Star appliances that contribute toward keeping the house from foreclosure.
Intrigued by all of this Energy Star information and how you can save money on your home electricity bill by owning Energy Star appliances? You can take advantage of this great information all weekend long, as Texas has declared May 25th-27th to be an Energy Star Sales Tax Holiday! You can purchase the following energy efficient products without sales tax for the next three days:
- Air conditioners priced at $6,000 or less
- Refrigerators priced at $2,000 or less
- Ceiling fans
- Incandescent and fluorescent light bulbs
- Clothes washers
- Programmable thermostats
To learn more about the Energy Star Sales Tax Holiday, please visit the Texas Comptroller of Public Accounts. And to learn more about how you can be more energy efficient in your everyday life, please visit the Bounce Energy blog.