If you’re in the market for an energy efficient appliance, there are two cost-saving options in sight. Problem is, it is impossible at this point to determine which will save you the most money.
Georgia is in line for $9.3 million in federal stimulus money that will be directed toward a rebate program for Energy Star appliances. The details of the deal are still being hammered out, but $300 million in federal dollars is being distributed to states based on population.
How Georgia will run its rebate program is unclear, said Shane Hix, spokesman for the Georgia Environmental Facilities Authority. Hix spoke to The Atlanta Journal-Constitution earlier today.
“While $9.3 million sounds like a lot, it can only go so far,” he continued. “We’ll have to find the best way to manage the program and roll it out in a way that as many people as possible can take advantage, and still provide a reasonable rebate on these products.”
A national report says that consumers can expect to get anywhere from $50 to $200 in rebates. The most likely products to be part of the program are heating and cooling equipment and appliances, and water heaters. The states’ plans for the program are due back by Oct. 15, and will be awarded around the end of the year or early next year.
That is after Georgia’s tax free holiday, Oct. 1-4, for energy and water efficient products. Hix said consumers unfortunately won’t be able to use both price breaks in conjunction.
“That would have been ideal, I think, but the Department of Energy just did not get the program rolled out quickly enough for us to take advantage [of the two together],” Hix told me.
Are you in the market for an energy efficient appliance or product? Do you plan to take advantage of either of these opportunities?
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