Thursday, October 8, 2009

3rd Annual Energy Sales Tax Holiday, Oct. 9-12

Press Release from Governor's Office...to read whole article click here

Governor Kaine Announces Energy Efficiency Rebates and Third Annual Energy Sales Tax Holiday
– Consumers can purchase energy-efficient products tax free October 9-12; claim state rebates and federal credits on qualifying products –

STAUNTON – Governor Timothy M. Kaine today announced the launch of the Virginia EnergyEfficiency Rebate program, a new program to encourage the purchase ofhigh-efficiency equipment and products. The program will use $15 million infunds from the American Recovery and Reinvestment act to provide rebates toresidential and commercial consumers on certain qualifying equipment andproducts. Homeowners will be eligible for rebates for 20 percent of the costsof the products, up to $2,000, and commercial consumers will be eligible for 20percent of their costs up to $4,000. Rebates will be distributed on a first come-first served basis.

Governor Kaine also highlighted Virginia 's third annualsales tax holiday on ENERGY STAR and WaterSense qualified products, which willtake place October 9-12, 2009. During this annual holiday, consumers can savemoney by buying certain qualified products tax-exempt, which will also deliversavings for years to come through lower home utility bills. As with last year'sholiday, high-efficiency products with ENERGY STAR or WaterSense certificationwill be exempt from sales tax.

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