Cash for Appliances

Cash for AppliancesFrom GovGab: "

The Consumer Assistance to Recycle and Save Act of 2009 program has ended, but later this year a similar program for appliances will begin. The
American Recovery and Reinvestment Act of 2009 funded a $300 million program that will offer rebates to buyers of energy-efficient appliances and other products that carry the
Energy Star label.

Consumers can expect between $50 and $200 in rebates towards the purchase of refrigerators, dishwashers, furnaces, air conditioners and other appliances. You won't have to trade in your old appliance like people did with their automobiles. Of course there are some states with separate programs that pick up old appliances and give the owner $25-$50 for it.

Each state will write its own rules for the rebate program and the Department of Energy will start reviewing rules in October. Money from the programs could start flowing to the public in November. Again this will be handled on a state by state basis, so check with your state energy office for details.

What do you think of the cash for appliances program?

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