Looking for more information about state appliance rebates and the related 2010 tax credits for energy efficient household upgrades? Look no further. Suite101 has it covered. Here you’ll find a range of information, from how much each state has to spend on its Cash for Appliances program to which tax form you need to claim residential energy credits.
State Appliance Rebate Program Articles
This collection of articles offers a good starting point for Cash for Appliances research:
Cash for Appliances – U.S. Government Rebates – This article gives an overview of the federal Cash for Appliances program, including the ultimate deadline for fund distribution pursuant to the American Recovery and Reinvestment Act of 2009.
Cash for Refrigerators – U.S. Gov’t Stimulus Program – This article expands on the overview with an explanation of how funding will be allocated among states.
United States Government Appliance Rebates – This article examines state funding in a little more detail and discloses which ten states got the most funding for their appliance rebate programs.
Energy Star® Appliance Rebates & 2010 Tax Credits – This article discusses the combination of appliance rebates and residential energy tax credit incentives.
Energy Star® Rebates for Appliances by State – Want to know exactly how much your state or territory was allocated for its rebate program? This article details exactly how the total $296,000,000 Cash for Appliances funding was split among jurisdictions.
Differences Among State Appliance Rebate Programs – Did you know that some states require consumers to recycle their old appliances or that some states issue prepaid credit cards instead of paper rebate checks? This article points out these and other differences among various state energy efficient appliance rebate programs.
U.S. Energy Star® Home Appliance Rebate Program – In this article, learn which government entities are responsible for Energy Star® labeling and see what types of appliance purchases might be reimbursed, using the Michigan State Appliance Rebate Program as an example.
Appliance Tax Credits 2010 – Tax Breaks for Buying Specific Energy Efficient Appliances
Although the term “appliance tax credits” is thrown around quite a bit by the media, the truth is that appliance tax credits are limited. Tax credit and appliance rebate incentives can be stacked in some instances, but what some people don’t know is that most appliances don’t qualify for energy tax credits as some consumers have been lead to believe
Limited Residential Energy Tax Credits for Appliances in 2010
Dishwashers, refrigerators, and washing machines are three of the most commonly purchased items for purposes of claiming of appliance rebates; however, these products are not eligible for 2010 energy tax credits. Only the following categories of products are eligible for Residential Energy Credits: biomass stoves, doors, HVAC units, insulation, roofs, water heaters, and windows.
You can find out more about these particular incentives in the article Energy Star® Tax Credits for Appliances – Federal Gov’t Incentives.
U.S. Gov’t Tax Credits & Energy Rebates – Learn about Tax Breaks & Other Incentives
Suite101 has several articles on the subject of energy tax credits. For a condensed list of related articles, see 2010 Federal Tax Credits for Appliances & Energy Efficiency Upgrades. In that article you will find links to important information about tax breaks for buying appliances.
The rules related to government appliance rebates and energy tax credits can be confusing. The U.S. Department of Energy has a handy website, energysavers.gov, devoted to educating consumers about state rebates for Energy Star® appliances as well as tax credits for energy efficiency. If you’ve read the articles on Suite101 yet have more questions, those are the two webpages to visit.
For the 2010 tax year, consumers have the opportunity to claim the appliance rebates discussed above as well as tax credits for residential energy improvements. Individuals should just make sure to do due diligence to make sure an appliance qualifies for both programs. This will vary by state, as each state customized its own appliance rebate program guidelines.
Lena Gott - Lena Gott is a Certified Public Accountant who gives practical financial advice to her readers.
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