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Showing posts with label l. Show all posts

Friday, June 4, 2010

Cash for Appliances Update

Need a new refrigerator? The Cash for Appliances program is still in affect, and many states still have available funding. Photo: Flickr/Rich Anderson

After making headlines earlier this year, the government’s energy efficient appliance rebate program is still largely in effect in most states and hasn’t even began yet in others.

Dubbed “Cash For Appliances,” the program provides rebate incentives for purchasing energy efficient Energy Star appliance models. Unlike it’s “clunker” predecessor, this program does not require turning in an older model appliance to receive the rebate.

Though some states have allocated all their available funding, 36 states and territories still have funding as of June 2. In addition, certain states are beginning second and third phases of their rebate programs, expanding the list of qualifying products and offering additional rebates.

State funding ranges from $100,000 in the U.S. territories of American Samoa and Northern Marianas Islands to $35,267,000 for California. And qualified appliances range from three products (refrigerators, clothes washers and room air conditioners) in California to fifteen different eligible products in Georgia.

According to the Department of Energy and the New York State Energy and Research Development Authority, New York’s rebate program alone will help save residents $6 million in annual energy and water utility costs and $33 million over the lifetime of the products.

Rebates for appliance upgrades are distributed in the form of a Visa prepaid card, which local commerce departments hope will encourage consumer spending at local restaurants and retail locations.

To check whether your state still has available funding, which appliances are eligible for rebates in your state and to view a summary of each state’s rebate program, visit the Department of Energy.

Related articles
Cash for Appliances is Official
GE Breaks Down Energy Cost of Home Appliances

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