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August 10, 2009

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I love the idea of stimulating the economy this way, but am concerned that folks are not required to recycle the old appliance. Every State will have their own set of rules for this program.

Several states have already been using a rebate system to encourage consumers to trade in "clunker" refrigerator models, but the federal stimulus, which will receive approximately $300 million in funds, offers higher rebates than current programs.

I would hope that most people would use this opportunity to get rid of their old fridge and reduce energy consumption in the home, but as you said the program does not require them to do so.

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