Cash for Appliances and LIPA Offer 75 Dollars Rebate for Select Refrigerator

cash-for-appliances-cash-for-appliances-offers-free-rebates-lipa-offer-75-rebate-for-select-refrigerator Here are LIPA offer 75 dollarsrebate for select refrigerator. The Obama administration announced the economic stimulus plan dubbed Cash for Appliances last month, but it’s gained new attention as the program nears active status. Cash for appliances and refrigerators comes after cash for clunkers. Beginning late this fall, the program authorizes rebates of 50 dollars to 200 dollars for purchases of high-efficiency household appliances. Cash for Refrigerators started because the hugely successful of cash for clunker program ended there are reports that indicate that President Obama and his administration is considering a cash for refrigerator program.

Cash for Clunkers ends, Cash for Appliances & Refrigerators Program Coming

According to examiner, Cash for Appliances may not only stimulate the economy but help reduce energy consumption and utility bills. Old appliances simply consume more power. For instance a newer washing machine may save $10 or more dollars a month in electricity consumption, a new microwave $5 dollars. It all adds up.

Though program is not without some critics. $300 million dollars in taxpayer monies has been set aside for it and 10 to 25 percent of the money will cover administrative costs. At 25 percent that is $75 million, simply to implement an unproven economic-energy plan.

According to the Department of Energy, the Recovery Act appropriated funds for the program are designed to help achieve the national goals of spurring economic growth, creating jobs, saving energy and reducing greenhouse gas emissions. States and territories can use these funds to leverage the utility companies and energy efficiency program sponsors in their area.

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