New Stimulus: Energy Saving Appliances

Along the same lines as the Cash For Clunkers program, the government will be sending out stimulus rebates on all Energy Star home appliances purchased from mid October to late November. Good news, you won't be required to trade your old one in, bad news is, $200 off a $2400 refrigerator seems like a drop in the bucket...

$300 million dollars has been allotted to stimulating the appliance markets as they, like many others, have seen one of their worst few years ever.

Although in theory, getting cash back on a new appliance has us with keys in hand -- headed to the store, the reality of that dream has many of us simply excited for the perfectly good appliances, that will be showing up on Craigslist, as others are able to partake in the deal. In fact, many are giving up their dishwashers to hand wash, or doing without their dryers and putting up a clothes line and just going without.

Do you think this will be a good boost or a royal flop? Will you participate in the rebates? Let us know your thoughts on the bill below!

(Images: Sears)

posted originally from: AT:Chicago

Comments (1)

For our house...this is a good thing. Our appliances are all fifteen or so years old and in horrible condition. So, we have been doing lots of research and anticipating this rebate offer. It will end up saving us lots of money and get several "clunkers" out of service.

posted by akbuilt on August 26th 2009 at 12:28pm
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