Missed out on "cash for clunkers?" Don't worry, there's a new government program on the way.
The Department of Energy's $300 million "cash for refrigerators" rebate program, meant to spur the purchase of energy-efficient refrigerators and other appliances, will take effect in the coming months.
The program doesn't require a trade-in of old appliances. Instead, customers will receive a rebate on the purchase of a qualifying new Energy Star-rated appliance, regardless of what happens to their old one, says Department of Energy spokeswoman Chris Kielich.
In many cases, the store where you purchase your new appliance will remove the old one, she says, and some states have recycling programs.
Guidelines and criteria, including eligible purchases and rebate amounts, are determined by each state. States have to submit their detailed plans for how the program will work by Thursday. The rebates should be available for consumers by the end of the year or the beginning of 2010.
For more information, check your state energy office Web site. For a list of state energy officials, go online to energy.gov/ InYourState.htm.
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