Rebate Program Gives Up to $250 for Purchase of New, Energy-Saving Appliances
Government program gives rebate when you buy new, energy-saving appliances.
Feb. 12, 2010— -- Cash for Appliances is a government program through which consumers can get hundreds of dollars in rebates for the purchase of new energy-efficient appliances and making certain home improvements.
But the offer of cash back is for a limited time only. The federal government has allocated $300 million under the 2009 stimulus bill for Cash for Appliances, and the program lasts only as long as the money does.
Individual U.S. states were allowed to design and administer the various rebate plans, which now total 56, according to the U.S. Department of Energy.
Click HERE to find out more about the programs in your state.
Each state will receive money from the federal government's allotment, the energy department said.
Wendy Bounds, a columnist with the Wall Street Journal, said the Cash for Appliances has already started in Michigan, New York and other states. The program may be coming to your state very soon, she added.
Bounds answered several questions about the program:
Q: How big are the rebates?
A: The appliance rebates range from $50 to $250, per appliance. Only purchases that replace an existing appliance are eligible for a rebate, and rebates will be issued only for products that were bought during the specific time period established for eligibility, she said.
Q: How do I get a rebate?
A: Rules vary by state.Click HERE to find out more about the programs in your state.
Q: How long does it take to receive a rebate?
A: The rebate will arrive in about four to six weeks, Bounds said. The payment will come in the form of a check or a prepaid card.
Q: Do I have to recycle my old appliance to get rebate?
A: Some states do require that you recycle your old appliance, but many that do so will offer an additional rebate. Many national chains, such as Sears or Lowe's, will take your old appliances and help you to fill out rebate forms, Bounds noted.
Be sure to keep your receipts, proof of purchase information and recycling documentation. Your state's program may require all of those to collect your rebate.
