U.S. consumers are quickly snatching up government rebates for energy-efficient appliances.
The rebate program, which we reported in this story last year, sets aside $300 million for 56 states and territories to encourage consumers to make the transition to more energy-efficient appliances with the Energy Star label. The amount of money available and the programs vary across states — $35 million in California, $18 million in Colorado.
Like Cash for Clunkers, the program appears to be going well. Florida appliance rebates were all gone during the first weekend of the program. In Illinois, the $6.5 million in rebates was drained after 11 hours, ending the program nine days before it was scheduled to close. Officials expect a similar scenario to happen in Missouri, where the program launched on Monday. California’s program is expected to launch Thursday.
For more information on your state’s program, visit this site.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
