Cash for Refrigerators

Business Week has put out an article this week outlining an upcoming federal rebate program that will give rebates and discounts on Energy Star rated appliances. Without a catchy title, people have declared the new incentive program "Cash for Refrigerators" (after the very popular Cash for Clunkers program).

The program includes $300 million set aside for consumers to purchase all kinds of energy efficient appliances from washers, dryers, refrigerators, and more...! Rebates will be given out in an amount ranging from $50 to $200 at the time of purchase.

Unlike the CARS program, buyers will not be forced to scrap their old appliances. But no worries because Ameren's Act On Energy portfolio includes a refrigerator recycling program. After you set up your pick up date, Ameren will come to your home and take your old working appliance and recycle it for you. If that's not easy enough, Ameren will give you (as in pay you) a $35 credit on your bill.

For more on "Cash for Refrigerators", read the Business Week article here.