If you've been putting off the purchase of a new fridge, hot water heater or anything that qualifies for the EPA's Energy Star label - NOW IS THE TIME TO BUY.
It's a bit complicated, but essentially, Uncle Sam is giving you an income tax credit of up to $1,500 on the purchase of qualified products. For more information on how it works, talk to your tax advisor. First and foremost - save your receipts, warranty papers, etc. Oh, and you must purchase these items this year.
I just replaced an old fridge - the ice maker was broken, and the thing was just plain old. Old appliances waste a lot of electricity. With this purchase, I should notice an immediate impact on my utility bill.
Up next - my front storm door!