Released: February 23, 2010

Cash-for-clunkers rebates for new appliances

Source: Julie Schmit, USA Today

Three dozen states will launch programs in March and April to distribute almost $300 million in rebates to consumers buying energy-efficient appliances.

The federally funded programs, similar to the cash-for-clunkers auto rebate program last year, are intended to improve energy efficiency and stimulate the economy. Rebates differ by state and appliance.

Eight states launched programs this month, including New York, which offered $50 to $75 rebates on refrigerators, washers and freezers. On opening weekend, “There were people waiting outside every store to get started,” says Doug Moore, president of appliances for Sears, which opened early to meet demand.

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