Cash For Clunker Appliances Is Here!

In late 2009 or early 2010, the government is going to give rebates when you purchase new Energy Star labeled appliances. The rebate ranges from $50 to $250. Most likely, the rebate programs will take effect at the beginning of 2010.

The U.S. Department of Energy (DOE) has announced a new ENERGY STAR appliance rebate program, administered by state energy offices. Up to $300 million in funding from the American Recovery and Reinvestment Act will be made available to states to promote the purchase of energy efficient appliances. Under this program, consumers can receive rebates to purchase new ENERGY STAR-qualified appliances when they replace their used appliances.

It is estimated that a new clothes washer could save a consumer up to $135 per year. A new refrigerator could save up to $65 per year. Energy savings will depend on the appliance being purchased. Results may vary.

Products that qualify for the rebates:
1. Boilers
2. Central air conditioners
3. Clothes washers
4. Freezers
5. Furnaces (oil and gas)
6. Heat pumps (air source and geothermal)
7. Refrigerators
8. Room air conditioners
9. Water heaters

The program will continue as long as the states and territories have money to support it. While they have until February 2012 to spend the money, the money will probably be gone before then. It is expected that all states will participate. Select your state to find out more.