CASH FOR APPLIANCES IS HERE!

Cash for appliance clunkers has arrived!


Contact your local appliance dealer today. Funding under this program is limited, so hurry to take advantage of these savings.

Over the past few weeks, we have been repeatedly asked about the rumored “Cash for Clunkers” program which will cover the major appliance industry. One can hardly turn on the evening news without hearing yet another rumor or version of the same story. Here are the details of what we know at this point.

In August, the Federal Government approved funds to create rebate incentives for consumers to purchase Energy Star qualified appliances. In this instance, the Government set a deadline for each state to respond with whether or not they wished to participate. According to the Department of Energy, all 50 states and 6 territories turned in their initial applications. Each state now had until October 15th to submit a formal plan to the Federal Government as to how they plan to distribute the money in order to receive the funds from Washington.

The cash for appliance programs are now active. You should contact your local appliance dealer for exact incentives in your state or visit US Department of Energy

The general assumption is that the rebates will vary from $50 - $200 depending on which “tier” of Energy Star appliance is purchased and how long the rebate programs will last. Each state has crafted its own program to suit the needs of their residents.  The reality is that until the plans are made public in each state, everything thus far is pure speculation.  Funding for the program is limited and done on a first come first served basis.

The good news is that consumers need not wait until the rebate program begins to see significant savings on Energy Star appliances. Certain manufacturers, such as GE, Kitchenaid, and Frigidaire are already offering mail-in rebates for efficient appliances. Also, consumers can check with http://www.energystar.gov/ to see if there are rebates available in their area. With the current economic market, manufacturers have held off price increases this year and are offering many incentives for consumers. In addition, simply purchasing an Energy Star qualified appliance will save consumers money, as was discussed in one of our previous posts. For more information, check with http://www.aham.org/, a national appliance organization, or feel free to contact your local independent appliance dealer for details.

This article was contributed by James Bender of Bill Vandegrift, Inc.


Bill Vandegrift, Inc
450 E. Butler Ave
New Britain, PA 18901
215-345-1892

http://www.billvandegrift.com/


Source:
Superior Woodcraft, Inc. Custom Cabinetry Blog
Superior Woodcraft, Inc. Website