Green Appliances: Show Me the Money

Since last fall, more than half of the states in the land have offered rebates to consumers when they trade in their energy-chugging appliances on new, efficient fridges, stoves, washers, and AC units. But despite the Department of Energy’s proffered $300 million in appliance rebates, very little of the cash has been claimed. I want to know, what’s up with you?

Catching the Wave
micro

At least Californian David Spar has recycled old appliances. But California residents have only claimed a fourth of the $31 million in rebate money allotted to the state.

Need a Cold One?
rustville

A cold fridge, that is. One that won’t bust your savings account and qualifies you for a $200 rebate? Apparently not. The USA TODAY claims that freezers and fridges are the biggest energy hogs in the kitchen. So why aren’t more people buying efficient models that save upwards of $200 a year in electric bills? Add the $200 rebate and you’ve recovered a large chunk of the price. Hello, people!

Need a Colder One?
ac unit

There are even rebates for new central air and window AC units. If you’re ready to recycle the old window unit, you’ll get $50 toward the purchase of an energy-efficient model.

One Man’s Trash

rolling away

Forget about that old saying. One’s man’s trash is not another man’s treasure. You have to dispose of your old clunker properly. Many retailers will pick up and recycle your old model when they deliver your energy-efficient fridge. Some states offer additional cash incentives for proper recycling of appliances. For help in locating your state’s policies, check with the EnergyStar website.

One Response to “Green Appliances: Show Me the Money”

  1. Bart says:

    I think most people don’t understand how to deal with tax rebates and incentives. I would guess that most people buy a new fridge when they need one, not when the gov’t. is offering a tax break. I think people would take advantage if the savings were applied at the cash register, and not at next year’s tax filing.

Post a Comment

  • (Required)
  • (Required but will not be displayed)
  • (Required)

Get Email Updates

Recent Comments