As reported in the Sunday Wall Street Journal

Don’t worry if you missed out on the “Cash For Clunkers” program!

Be on the watch for the upcoming federal government program for energy efficient appliances.  The Department of Energy is rolling out a $300 million “Cash for Refrigerators”, a rebate program hoping to spur Americans into purchasing energy efficient appliances in the upcoming months.

Unlike “Cash For Clunkers”, this program does not require the buyer to trade in their old appliance.  Customers will receive a rebate on the purchase of a qualifying appliance regardless of what happens to the old one.   Many stores will take your old appliance and some states participate in recycle programs as well.  Each state determines the guidelines and criteria for eligible purchases and is required to submit their detailed plans the week of October 12^th 2009.  These rebates should be available to customers by the end of the year or the beginning of 2010. 

To obtain more information, visit your state website office.

Article provided compliments of Irene Lockel, Netter Real Estate

(631) 661-5100

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