Cash-for-clunkers rebates offered on new appliances
24/02/2010 10:07
Three dozen states will launch programs in March and April toair jordan shoes
distribute almost $300 million in rebates to consumers buying energy-efficient appliances.
The federally funded programs, similar to the cash-for-clunkers Nike Air Max Shoesauto
rebate program last year, are intended to improve energy efficiency and stimulate the economy. Rebates differ by state and appliance.
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Eight states launched programs this month, including New York, Air Maxwhich offered $50 to
$75 rebates on refrigerators, washers and freezers. On opening weekend, "There were people waiting outside every store to get started," says Doug Moore,
president of appliances for Sears, which opened early to meet demand.
New York's $18.7 million program was set to expire Sunday but was extended because millions remained. "It's been a boon to consumers and retailers," says
Francis Murray, CEO of the New York State Energy and ResearchAir Max shoes Development
Authority.
Michigan launched its program Feb. 10. It expects it'll take four months to distribute the $9 million in rebates, says Stephanie Epps, appliance analyst for
the Michigan Bureau of Energy Systems. "The weak economy has a lot toNike Shox Shoes do with
it," Epps says.
Some states started programs earlier. Each state sets the rules and dates of their programs. Oregon and Kansas require applicants to be low income. Alaska
has reserved rebates for people with disabilities.
To qualify for rebates, consumers must buy Energy Star appliances,air shox which meet energy
standards set by the federal government and are up to 30% more efficient than standard models, Murray says.
Many states offer rebates for refrigerators, washing machines, dishwashers and water heaters, Moore says. Some states are more restrictive. Many offer extra
rebates if consumers recycle old appliances. Rebates are largely first come, first served. In Michigan, consumers can reserve rebates, then buy and apply,
Epps says.
The Department of Energy, at www.energysavers.gov, provides information on each state's program.
Some say the programs' costs will outweigh the benefits. University of air shox shoesDelaware
economics professors George Parsons and Burton Abrams estimate that for every dollar spent on the programs, they'll return 94 cents in environmental
benefits.
The benefits will be muted because some consumers will buy appliances they would've bought anyway, Parsons says. Some appliances will be retired sooner than
they could be. Also, some people may buy new refrigerators but keep old ones, too.air force 1 High
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