Cash For Your "Clunker'd" Appliance

I know I'm a little slow on relaying this info, however, now's a good a time as any. A lot of you remember the whole Cash for Clunker program founded by the government to help stimulate the economy and also help get Americans into a newer car with fewer emissions? It was the first step this country took in helping make a cleaner Earth (under the new administration) and basically help get people into new cars. According to sources over 690,000 cars were sold during this period and dealers like Honda had record sales made as well. So what about that squeaky washer? What about that refrigerator that barely keeps the milk at a safe drinkable temperature while at the same time draining the town's energy surplus? Why can't you get a break? I mean after all, you have a good, reliable car and weren't able to participate in the cash for clunkers so, why can't you get SOMETHING?

Well, hopefully late 2009, early 2010 you will. States now are starting to get approvals from the DOE (Department of Energy) for their stimulus programs that will take place starting hopefully sometime in November and will run until all funding has been exhausted. While the dollar amounts aren't clear for each particular appliance category, the government has released a list of all categories that will qualify:

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

Boston.com stated "The appliances eligible for a rebate and the amounts of those rebates will vary from state to state however the DOE has recommended that rebates of $50 dollars to $250 dollars be offered...". They go on to say, "Massachusetts will receive $6.2 million dollars to fund their rebate program. The plan submitted by the Patrick administration is currently being reviewed by the DOE. If approved, the Massachusetts Home Appliance Energy Efficiency Rebate Program will begin in February 2010 and will continue as long as the rebates last. Under the Massachusetts program, rebates are expected to be issued for purchases of new, qualified, refrigerators, freezers, dishwashers and clothes washers. The amounts of those rebates are not yet known."

Boston.com also goes on to say in another article exactly how many old appliances will be kicked to the curb and roughly how much energy will actually be saved. "The state estimates that 27,000 old, inefficient refrigerators, freezers, dishwashers and clothes washers could be taken out of service, saving about 2.6 million kilowatt hours of electricity annually."

So there you have it. If a car clunker program can sell 690,000 cars, how many Energy Star appliances do you think can be sold? I mean, this program won't get the astronomical $5 billion that the cash for clunker car program got, but $300 million seems reasonable when you look at a $4,500 rebate versus a possible $250 rebate. What's next? Rebates for windows?...rebates for dog houses?...rebates for pens?....how about a new computer???

Stay tuned here for up to date info on this new government program.

Take care,

-Brian

Share this post!

Bookmark and Share

0 comments: