The debate about switching from gas stoves to electric cooktops has been heating up lately on social media.
So whats the firestorm of controversy about?
Why Are People Switching From Gas to Electric Appliances?
See what else is included in theInflation Reduction Actand how this landmark legislation can save you and your household money this year.
Ditching gas stoves at home boils down to two main concerns.
First, there aresafety concernsabout using gas in areas that are not well ventilated.
No Interest Til Almost 2027?
Here are the pros and cons of ditching gas and switching to cooking with electricity.
How Much Is the Electric Appliance Rebate?
Do I Qualify for the Electric Appliance Rebate?
Before you ditch your gas stove, there are income limits to qualify for a rebate.
it’s possible for you to use theHUD databaseto check your eligibility.
Which Energy-Efficient Appliances Qualify for the Rebate?
Each state will determine how the rebate can be applied.
Other appliances eligible for rebates include those that maximize energy efficiency, like an electric heat pump water heater.
How and When Will the Electric Appliance Rebate Be Available?
The U.S. Department of Energy has provided arough frameworkfor the tax credit and rebates on their website.
Kaz Weida is a senior staff writer at The Penny Hoarder covering saving money and budgeting.
