The GE GeoSpring Water Heater system is free for some customers when you factor in some unusual savings.
As you may or may not already realize, but Goedeker’s consistently offers the best out-the-door price on major appliances online.
But there is more to the cost – and the savings – of your new appliance than scoring a great deal when you purchase it. As millions of new appliances are sold every year, people purchasing their appliance miss out on millions of dollars in missed opportunities to save more money on their appliances.
Here are 4 things you should always look into when you buy a new appliance, in order to get the overall best deal.
Rebates
If you are a regular reader of the Goedeker’s blog, you will probably have noticed several posts about the amazing Black Friday and Cyber Monday rebates we highlighted. But the Thanksgiving weekend is not the only time when manufacturers offer cash back, valuable gifts, or other benefits to encourage purchases.
These rebates can range from a Visa or MasterCard prepaid card with $50 or $75 dollars. Or it can be a check for a more sizeable amount, such as $300 or $400 dollars.
Sometimes, the rebate is for an additional product. For example, several induction range manufacturers are offering free pots and pans after rebate for people who upgrade to the new magnetic cooking technology.
Some people are motivated by the rebates available on products. However, whenever you are shopping for a major appliance for your home it is worth a check to see if there are additional savings you can pick up from the manufacturer.
At Goedeker’s, we have a page dedicated to all the available appliance rebates located at http://www.goedekers.com/appliance-rebates. Also, you can find products with rebates when shopping our site by looking for the rebate ribbon near the product’s picture. And by subscribing to our blog or marketing email list, you can be informed of new and expiring rebates.
Tax Credits
No one likes paying taxes. Your new appliance might be able to cut down what you have to pay next year, if they qualify for eligible tax credits from the federal government or your state government. You won’t know if you don’t ask.
One example of a great tax credit deal is for residents in Oregon who purchase a new GE Geospring water heater. Thanks to complimentary deals, your tax credits and instant rebates can completely eliminate the end cost of the water heater. In addition, the highly efficient, American-made appliance can save you hundreds of dollars on your energy bill.
The best person to talk to about the tax credits you qualify for would be a local tax specialist or accountant.
Local Utility Promotions
Your local utility company is another place to ask about available savings and deals. These can be one or more of several different types.
Some utility companies participate in recycling programs that can include free removal of your old appliance, or even a check! Not only do you safely dispose of your old appliance, and someone else comes to do the heavy lifting, but you can get a nice rebate on the purchase of your new appliance.
Another financial incentive your local power company might offer is a rebate on the purchase of your new appliance. Particularly with high-usage appliances like refrigerators and hot water heaters, your utility company wants to encourage people to use less power during peak hours, so that they can better serve all of their customers. To that end, they participate in programs to actually help pay for your new appliance.
Your local utility company should have information about rebates and offers in your monthly bill or on their website. If you are having difficulty locating information about money-saving programs, try talking to the community or public relations department of your power company. They like giving good news like that to their customers.
Energy Savings
As new appliances come on the market, they benefit from additional technology and research on ways to make appliances more efficient. Every year, progress is made in making the appliances use less energy and in turn cost less to operate.
Energy Star, a program from the Environmental Protection Agency, recommends products and certifies their level of energy efficiency. They suggest that replacing a refrigerator that is 15 years old or older with a new Energy Star rated model can save you hundreds of dollars in operating costs. They even have a calculator on their site that will estimate just how much you can save with a new Energy Star refrigerator.
The energy savings from upgrading your appliances are one cost-cutting measure that not only saves you on your purchase over the next few months, but becomes a permanent savings on your monthly budget for years to come. How much might you be over paying on your electric bill by putting off a new appliance for your kitchen?
What are some of the ways you have saved even more on your appliance purchases?
