UPDATE: Read current articles about appliance rebates here:
- Cash in your old refrigerator for a new energy efficient model
- Get cash back on the purchase of a new appliance with Cash for (Appliance) Clunkers
- Energy-efficient appliance rebates in Florida; recycle your appliance and make money
Read this if you are thinking about buying an energy efficient appliance in order to save money:
- How your energy efficient appliances could be costing you money
- Appliance shopping advice for smart consumers
You might want to hold off on buying that new energy efficient appliance, as the government could save you some money.
If the economic stimulus plan proposed by House Democrats is passed, U.S. consumers will have access to $300 million in appliance rebates to replace old appliances with new Energy Star appliances.
The rebates would be administered by the states. There is no word on how consumers would qualify for a rebate or how much money they would get back from their purchase.
This initiative is part of House Democrat stimulus bill totaling $825 billion. The appliance rebate is part of a targeted effort to save consumers money by helping their households become more energy efficient, and to help stimulate the economy.