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Virginia Governor Tim Kaine signed legislation to create a sales tax holiday for all ENERGY STAR qualified products from Friday, October 5 through Monday, October 8, 2007. Residents are encouraged to select ENERGY STAR qualified products when making purchases. The ENERGY STAR qualification means that these products meet strict energy efficiency criteria set by the U.S. Department of Energy and U.S. Environmental Protection Agency. ENERGY STAR qualified products use approximately 30 percent less energy than conventional models without sacrificing features, style or comfort. By replacing old, inefficient products with ENERGY STAR qualified models, Virginians can help protect the environment while saving money and energy. From October 5 to October 8, consumers can visit their local retailers and save both state and local sales tax on ENERGY STAR qualified products that cost $2,500 or less.
The following products are eligible:
- Ceiling Fans
- Compact Fluorescent Light bulbs (CFLs)
- Dehumidifiers
- Dishwashers
- Programmable Thermostats
- Refrigerators
- Room Air Conditioners
- Clothes Washers
In addition to the ENERGY STAR Sales Tax Holiday, consumers can save money with federal tax credits on doors, windows and other energy efficient products. The Energy Policy Act of 2005 authorizes tax credits on a variety of products designed to save energy, save money, and protect our environment. These incentives are available through December 31, 2007. For more information on the federal tax credits, visit www.energystar.gov/taxcredits.
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