Tilted
..
soon, you might want to wait.
Program to Offer Appliance Rebates - WSJ.com
The funding is coming from the Federal government, but the states will apparently be determining the details of and administering the program.
Program to Offer Appliance Rebates - WSJ.com
CHICAGO -- Appliance manufacturers are counting on a "cash for clunkers"-type rebate program to revive slumping sales of refrigerators, washing machines and dishwashers.
Beginning late this fall, federal rebates will be available for purchasers of high-efficiency household appliances, furnaces and air-conditioning systems. Congress authorized $300 million for the program earlier this year as part of the federal economic-stimulus bill.
After seeing the recent surge in new-car orders attributed to the federally funded clunkers program, appliance industry executives are hoping to lure consumers back into appliance store showrooms with rebates that are expected to reach $200 on some types of appliances.
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Appliances covered by the program include dishwashers, washing machines and refrigerators. They must carry Energy Star ratings, indicating they meet energy-efficiency standards set by the Environmental Protection Agency and Department of Energy. To qualify for rebates, buyers won't have to trade in older, less-efficient models, which is a key component of the car program. Appliances made by companies based overseas will be eligible for the rebates if they have the Energy Star label.
The funding is coming from the Federal government, but the states will apparently be determining the details of and administering the program.