Buy Home Appliances And Get $50-$200 Cash Rebates With Government Appliance Rebate Program

The “cash for clunkers” program has ended, but a new government appliance rebate program coined “cash for refrigerators” has begun with most states getting underway in late winter 2010. The government’s new clunker incentive will reward purchaser’s of qualified home appliances cash rebates. The U.S. Department of Energy is working with all 50 states to hand out $300 million to persuade consumers to trade in old, energy guzzling appliances for new, energy efficient models. 

 The government appliance rebate program the will give those who purchase a home appliance rebates, possibly between $50 and $200, for replacing old, inefficient household appliances such as refrigerators, freezers, air conditioners and furnaces with newer Energy Star-rated appliances. If your thinking about renovating your kitchen , or upgrading your heating system this might be your opportunity.

The New Cash For Clunkers?

Cash For Refrigerators!

 

The stimulus bill this year gave funds for the first time to an energy appliance rebate program set up by the Energy Policy Act of 2005. The government appliance rebate would encourage people to replace old appliances with more energy-efficient models, and hopes to help appliance store owners spur sales. The federal Energy Star program covers 60 product categories like refrigerators, one of the biggest household energy hogs.

The Energy Star Program also includes everyday household appliances that the Energy Department says underscores the president’s commitment to make American homes more energy efficient while supporting the nation’s economic recovery. Energy experts say that next to your home’s heating and air conditioning, refrigerators, dishwashers and washing machines are the biggest energy users. Depending on the model and type it is possible to save anywhere from $70 to $100 per year in electricity bills with new Energy Star rated appliances.

 Bottom Line Save Energy, Save Money

When buying an appliance, remember that it has two price tags: what you pay to take it home, and what you pay for the energy and water it uses. ENERGY STAR qualified appliances incorporate advanced technologies that use 10–50% less energy and water than standard models. The money you save on your utility bills can more than make up for the cost of a more expensive but more efficient ENERGY STAR model.

To qualify for the government appliance rebate, new appliances must have the Energy Star seal, and should be in full swing in the spring of 2010. The incentives from this appliance rebate program should help families make the transition to more energy efficient appliances while directly stimulating the economy and creating jobs. 

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