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Incentive schemes offer up to NT$5,000 off on eco-friendly appliances

Incentive schemes offer up to NT$5,000 off on eco-friendly appliances Starting tomorrow, you could save up to $5,000 NT on the purchase of a refrigerator, air conditioner, or dehumidifier. The government is launching a two-year tax refund scheme that grants up to $2,000 NT for an energy-efficient household appliance. And there''s already a trade-in program that pays up to NT$3,000. These incentives are part of the government''s push to cut carbon emissions and spur purchases. Appliance makers hope they''ll soon see a much-needed boost to sales. Dehumidifiers are a must in humid climates. Soon they''ll be cheaper than ever. Starting tomorrow and for the next two years, the government will offer incentives for the purchase of eco-friendly fridges, air conditioners, and dehumidifiers. For every appliance purchased, consumers can collect a commodity tax refund between NT$500 and NT$2,000.Liao Chuan-pingTaipei Electrical Commercial AssociationFrom May to the first half of June, sales weren''t good due to the weather. Sales were below expectations. This new scheme and the appliance replacement scheme may be able to bring it back up. We estimate at least 20% to 30% growth.Another government program allows buyers to trade in their old appliance for NT$3,000 off a new one. Take advantage of both government incentives and that''s savings of up to NT$5,000.Lee Chih-chungTaxation AdministrationOver the next year, sales of green appliances are expected to increase by more than 2 million units. In nearly one year, nearly NT$2.9 billion of tax benefits will be rolled out to consumers.The government hopes the subsidies will encourage more people to go green while saving some money.

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