Information About The Government Appliance Rebate Explained

The Government has set aside $300 million for participating states to offer rebates for the purchase of qualified home appliances. The government appliance rebate program is currently targeted for those purchasing Energy Star home appliances, and the incentive should include the following appliances:

  • Room air conditioners
  • Clothes washers
  • Dishwashers
  • Refrigerators
  • Freezers
  • Water heaters
  • Central air conditioners
  • Heat pumps
  • Boilers
  • Furnaces (oil and gas)

 

When Will The Government Appliance Rebate Program Start:

Each state had until October 15, 2009 to submit their rebate program details to the U.S. Department of Energy for approval. For example New York filed in October naming its program “The Great Appliance Swap Out”, and is not expected to be in full swing until early 2010.

It’s expected that most states participating will not be fully up, and running with the appliance rebate program until early spring of 2010. Once the state’s government appliance rebate program is approved they can begin to start with the appliance rebate programs. The government appliance rebate program should be available for consumers by late 2009 or early 2010, depending on each state’s progress.

 

How The Rebate Program Works:


Each State will put together their own rebate plan, and submit to the Energy Department for approval using government appliance rebate guidelines. Each state will determine what appliances to include, and can decide the amounts of the appliance rebates. So far we know that appliance that will be qualified for the rebate program must be Energy Star rated, and listed by the government as participating in the rebate program.

How Will the Appliance Rebate Program Help The Economy?

The average home spends about $2,200 on energy bills every year, and changing to appliances that have earned the ENERGY STAR rating can save $75 a year in energy costs, while saving the environment by reducing fossil fuel emissions.

In addition consumer spending, while on the rise, should increase once the Government appliance rebate program goes into full effect. 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.

 

Bottom Line Save Energy Save Money!

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, and with the government appliance rebate in place the playing field has been leveled.

 

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