Several states have relaunched their cash for appliances rebates programs, offering rebates of as much as $150 for residents who buy energy-efficient machines and recycle their old units.
In the past week, New York and New Jersey restarted their appliance rebate programs, seeking to discharge unspent funds from earlier in the year. Unlike the ?Cash for Clunkers? federal program for trade-in cars, funds for the state appliance programs haven?t been fully used. The local programs haven?t been as widely advertised, nor is there an established trade-in model for appliances comparable to cars.
Thirty-eight states currently offer rebates for energy-efficient appliances. Most require purchase of a new energy-efficient appliance and proof of recycling for the old appliance. In New Jersey, rebates range between 85 and 150 dollars; New York offers up to $105 for individual appliances, or as much as $555 for joint purchase of a refrigerator, dishwasher and washing machine.
These programs hope to kick-start the ailing economy while also doing right by the environment. Unfortunately, the invisible shadow of the housing/home-remodeling bubble still looms large over the home appliance market.
Image by Matt McGee/Flickr; Used gratefully via a Creative Commons license
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