Friday, 16 December 2011

Appliance Rebate Program



Appliance Rebate Program - An Overview

According to Department of Energy Secretary , "These appliance rebate program will help families make the transition to more efficient appliances, making purchases that will directly stimulate the economy and create jobs." The government appliance rebate program will give the purchaser of a qualified 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.

 The goal with this program is twofold: give the economy a boost with appliance sales and take whole country down a greener path by encouraging them to buy Energy Star rated, more energy efficient appliances.

Plans vary by state but here's what will likely qualify in most states:

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

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, and with the government appliance rebate in place the playing field for home appliance purchases has been leveled.
Secondly, you don't have to haul your clunker of a refrigerator or your energy sucking dryer with you to the appliance store. While some stores require verification that you did in fact recycle an old appliance, the rules are generally much more buyer friendly.

How much are the rebates?

Rebates will vary from state to state and also from Energy Star appliance to Energy Star appliance but expect appliance rebate program in the $50.00 to $200.00 range. For example in some cases there's a $100.00 rebate on clothes washers and a $75.00 rebate on refrigerators -energy efficient ones, of course.


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