Tax Free Weekend for qualified ENERY STAR appliances will begin on Saturday, February 15, end on Monday, February 17. During this weekend, the 6% sales tax will not be charged on qualified ENERGY STAR air conditioners, clothes washers, furnaces, heat pumps, boilers, solar water heaters (tax-exempt at all times now), standard size refrigerators, dehumidifiers, programmable thermostats and compact fluorescent light bulbs.
Tax Free Weekend for qualified ENERGY STAR appliances has three great benefits. First, it provides a very real savings to Maryland families that purchase qualified appliances. Not paying the sales tax will provide consumers with 6% savings on their qualified purchases. These savings are significant can be significant when combined with President’s Day weekend sales and promotions.
Second, buying ENERGY STAR appliances will provide ongoing savings to these families through lower energy bills. ENERGY STAR products must adhere to strict standards that result in reduced energy use by the appliances. By purchasing ENERGY STAR products, consumers will also be replacing older, energy inefficient appliances with newer technology that reduces the energy consumption of the appliance, thus saving them money everyday.
Third, this Tax Free Weekend improves Maryland’s environment. The ENERGY STAR label was established to reduce greenhouse gas emissions and other pollutants caused by the inefficient use of energy.
This Tax Free Weekend was enacted in 2007 by the Maryland General Assembly with the strong support of MRA. Retailers are the largest private sector employers in Maryland with one-out-of-five jobs directly related to retailing and about 16% of the state’s Gross Domestic Product. Tax Free Weekend provides consumers with an opportunity to visit their Maryland retailers to learn about new products and services, while saving money.