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Coming soon: cash for appliances (clothes washers, dishwashers, freezers, refrigerators etc.)

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  • Coming soon: cash for appliances (clothes washers, dishwashers, freezers, refrigerators etc.)

    Coming soon: cash for appliances


    Kathleen Pender

    Sunday, August 30, 2009


    In June, the Department of Energy said it is making

    $300 million in stimulus-act money available to state energy offices to offer rebates on energy-efficient household appliances. California's share is $35.27 million.

    Unlike the $3 billion clunkers program, which required an old car to be traded in, consumers do not have to turn in an old appliance to get a rebate on a new one.

    Another difference: The clunkers program was consistent nationwide, but each state can decide which appliance categories will be eligible for rebates, how energy efficient they must be, the amount of the rebates, whether they can be combined with other rebates, how the money will be tracked, and how consumers and retailers will know when it is about to run out.

    The California Energy Commission, which will receive the money in California, has made no decisions about any of these issues.

    "We have until Oct. 15 to apply for the program. The federal government has until the end of November to disburse awards back to the state," says Amy Morgan, a spokeswoman for the commission. She says consumers can start getting rebates "later this fall or maybe early 2010." In the meantime, she says, consumers should investigate rebates offered by utilities.

    ...

    http://www.sfgate.com/cgi-bin/articl...&type=business


    Why not cash for houses to help the housing market?

  • #2
    Re: Coming soon: cash for appliances (clothes washers, dishwashers, freezers, refrigerators etc.)

    ha ha ha. I told people IN NOVEMBER we would see cash from the government to buy stuff, under the guise of energy programs. I was mocked.

    After these programs will come the heavy tax on the top 2% to 5% and gift cards for the bottom 50%.

    Comment


    • #3
      Re: Coming soon: cash for appliances (clothes washers, dishwashers, freezers, refrigerators etc.)

      In the 30s the Fed dumped grain at sea and burnt crops. Didn't work then either.

      Comment


      • #4
        Re: Coming soon: cash for appliances (clothes washers, dishwashers, freezers, refrigerators etc.)

        Originally posted by don View Post
        In the 30s the Fed dumped grain at sea and burnt crops. Didn't work then either.
        I specifically remember from High School reading about the Great Depression and how farmers would dump milk out in order to keep prices up. They never really went into too much discussion about why, just merely a picture. I can recall the picture quite vividly as for some reason the image was seared into my memory. Funny how history has a way of repeating (rhyming)...
        Every interest bearing loan is mathematically impossible to pay back.

        Comment

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