St. Louis, Mo., April 20, 2012 – Show-Me Green sales tax holidays in April are a great time to replace aging appliances with more energy-efficient models.
From 12:01 a.m. April 19 to midnight April 25, consumers may buy EnergyStar-certified appliances and pay no Missouri state sales tax on up to $1,500 of the purchase price of each qualifying appliance. Some counties, municipalities and taxing districts also agree not to collect sales taxes on the appliances.
To get the most out of the holiday, the Better Business Bureau (BBB) advises consumers to find out which models and appliances qualify and which cities participate in the holiday before they go shopping.
If an appliance costs more than $1,500, only the first $1,500 of the sale price qualifies for the sales tax holiday. Retailers whose sales of qualifying appliances account for less than 2 percent of their total sales can offer a sales tax refund in lieu of a sales tax holiday.
Not every appliance qualifies for the holiday. For example, clothes washers, water heaters, dishwashers, air conditioners, furnaces, refrigerators and freezers currently are the only appliances to carry the EnergyStar certification. However, EnergyStar doesn’t yet rate clothes dryers, trash compactors, conventional ovens, ranges nor stoves, so those appliances don’t qualify for the tax holiday.
EnergyStar is a joint program of the U.S. Environmental Protection Agency and the U.S. Energy Department. To qualify, products must meet strict energy efficiency requirements as well as the features and performance that consumers demand. In general, EnergyStar appliances are significantly more energy-efficient than other models.
Even if an appliance doesn’t qualify for EnergyStar, it should have an EnergyGuide label that specifies capacity, estimated annual energy consumption and the range of energy consumption for comparable appliances. Air conditioners, heat pumps, furnaces and similar equipment also include an energy efficiency label.
The BBB advises consumers to carefully consider the features, capacity and energy efficiency of appliances before making a purchase. In addition:
- Read the EnergyGuide label hanging on the inside of an appliance or secured to the outside.
- Compare the energy use of competing models.
- Estimate the differences in energy costs of the models you’re considering.
- Consider the purchase price and estimated energy use.
- Before doing business with any company or charity, check its BBB Business Review at www.bbb.org or by calling 314-645-3300.
Michelle Corey, President & CEO, 314-584-6800, firstname.lastname@example.org
, or Chris Thetford, Vice President-Communications, 314-584-6743 or 314-681-4719 (cell), email@example.com