Cash for Applicance Program - New York

NEW YORK'S GREAT APPLIANCE SWAP-OUT

In February 2010, New York State residents can participate in the Great Appliance Swap-Out, a program designed to provide a boost to New York's economy while providing an incentive for consumers to reduce their energy consumption. Under the program, residents will be able to receive a cash rebate for replacing older appliance(s) with a new ENERGY STAR®-qualified appliance. This program, funded through the American Recovery and Reinvestment Act (ARRA), will also provide added incentives for consumers who recycle their old appliances to help reduce the impact on landfills.

Under New York State's proposed plan, consumers can receive rebates for purchasing eligible appliances individually or in a bundle of three specific appliances. Only appliances with an ENERGY STAR® label denoting higher efficiency are eligible for a rebate. Consumers may receive a larger rebate by purchasing three eligible appliances that meet standards issued by the Consortium of Energy Efficiency (CEE) that are higher than ENERGY STAR standards.

As proposed, customers purchasing appliances would qualify for a rebate of $75 ($105 with documented recycling) for ENERGY STAR qualified refrigerators, $75 ($100 with documented recycling) for clothes washers and $50 ($75 with documented recycling) for freezers. Rebates are available for dishwashers when they are purchased as part of a three-appliance package (refrigerator, dishwasher, clothes washer), which may qualify for a $500 rebate ($555 with documented recycling).

Refer to http://www.nyserda.org/economicrecovery/appliance.asp for more information on this program.

We covered the Cash for Appliance Program in our January Retirement Advisor Newsletter. To learn how to subscribe to The Retirement Advisor Newsletter, visit our web site where you can download a free issue with instructions on how to subscribe. Subscribers are able to obtain all of our back issues at no extra cost.

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Cash for Appliances: California Program Rules

California has been allocated $35.2 million in federal American Recovery and Reinvestment Act (ARRA) funds to participate in the State Energy Efficient Appliance Rebate Program (SEEARP). The California Energy Commission will administer the SEEARP that will provide rebates to consumers for purchasing ENERGY STAR®-qualified home appliances during the rebate period.

The rebate program will:

* Save energy by replacing inefficient appliances with more efficient ones.
* Make rebates for efficient appliances available to residential consumers.
* Leverage the ARRA funds with existing rebate programs and partnerships.

The California Appliance Rebate program roll out is expected in early spring 2010. The Energy Commission has submitted its proposed Appliance Rebate Program design to the U.S. Department of Energy on October 14, 2009.

Three residential appliance categories were selected to be eligible to receive rebates:

1. clothes washers (proposed rebate $100)
2. refrigerators (proposed rebate $75)
   
3. room air conditioners (proposed rebate $50)

These rebates are in addition to existing rebates offered by California's utilities or appliance manufacturers. The Energy Commission used the list of "pre-screened" appliances from the DOE. To qualify, the appliances must be ENERGY STAR-listed and certified to the Energy Commission as meeting all state and federal appliance efficiency standards.

To get e-mail updates about California's appliance programs, you can enter your name and e-mail address in the box on the right hand side of California's website called "Energy Efficient Appliance Rebate Program and ENERGY STAR® Recovery Funding" at

• http://www.energy.ca.gov/recovery/energystar.html

Current Consumer Rebates & Incentives

California has consumer rebates and incentives available now. Details are their Flex Your Power website.