Cash for Clunker Refrigerators

You may not realize it, but your refrigerator could be a clunker. Federal efficiency standards for appliances have become more stringent over the years and many older refrigerator models now qualify for special rebate programs in several states.

The goal of these programs is to replace older refrigerators with newer and more energy efficient models that use around 50% to 75% less energy. Among the states with rebate programs for homeowners replacing their old refrigerators are, New Jersey, Vermont, Rhode Island and Massachusetts. There are also other appliance exchange programs set up by utility companies to help homeowners save on energy costs. Read More

2 thoughts on “Cash for Clunker Refrigerators

  1. 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.

  2. 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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