Cash for appliances program

The State Energy-Efficient Appliance Rebate Program, more commonly called the "cash for appliances" program is a United States federal program to encourage homeowners to trade inefficient appliances for Energy Star certified replacements. It is frequently compared to the Car Allowance Rebate System (CARS), colloquially known as "Cash for Clunkers," which was a 2009 federal program to encourage replacing cars with low fuel efficiency. Just as the (CARS) relied upon the Environmental Protection Agency's fuel economy ratings to determine which new automobiles should be eligible for a cash incentive, this program relies upon EPA's Energy Star standards to identify new home appliances that are eligible for a cash incentive.

Backed by an initial $300 million in funding from the American Recovery and Reinvestment Act, the state-run rebate program is intended to help make American homes more energy-efficient while further stimulating the economy.[1] The states had until October 15, 2009 to submit their applications for funding and plans for recycling old appliances to the Department of Energy (DOE). The DOE has started to distribute funds to the individual states. DOE has recommended that states consider the following Energy Star qualified appliances:

Two early states to implement the program are Illinois, which received $12.4 million, and Iowa, which received $2.8 million.[3]

See also

References

  1. ↑ Boyle, Matthew (August 21, 2009). "Latest in Stimulus: 'Cash for Refrigerators'". Businessweek. Retrieved 2010-01-05.
  2. ↑ "State Energy-Efficient Appliance Rebate Program". Retrieved 2010-01-05.
  3. ↑ Nevel, Jason (January 4, 2010). "Cash for appliances to kick off in Illinois, Iowa to follow". Clinton Herald. Retrieved 2010-01-05.

External links

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