In the US a fairly new scheme has been launched to reward people who make the decision to invest in energy efficient appliances. It is referred to as an energy efficient tax credit. The purchasers of energy efficient appliances are entitled to claim up to fifteen hundred dollars in the special tax credit, this is the limit for a two year period. There are special requirements of the appliances bought. They have to have the ‘Energy Star’ logo and they also have to be included on the government’s lists of included items. For instance ceiling fans are not included on the scheme even if it is installed in your kitchen. For people in the US who want to take part in this scheme the advice is to read up on the scheme and make themselves fully aware of all the rules so not to end up disappointed. Tax rules do change regularly so it is very important to be up to date on the current situation. [Read more...]