Marissa Brassfield
Edit
| Embed Video: |  |
|
The Cash for Kitchen Clunkers program is a new initiative that aims to give homeowners an incentive to trade in their energy-zapping appliances for new, energy-efficient ones. While right now the initiative has been adopted primarily on both coasts, it’s anticipated that similar programs will spread to the Midwest soon. According to USA Today, the Cash for Kitchen Clunkers program will give rebates between $50 and $200 for buying a new, energy-efficient appliance. Unlike the popular Cash for Clunkers program, however, you don’t need to trade in your old appliance to take advantage of the rebate (although in many states, you can do so easily for an additional rebate).  The government's rebate program, in which the Department of Energy is providing states with $300 million approved earlier this year as part of President Obama's $787 billion stimulus plan, serves another goal similar to the cash-for-clunker program: It's designed to boost the economy.
"These rebates will help families make the transition to more efficient appliances, making purchases that will directly stimulate the economy and create jobs," Energy Secretary Steven Chu said.
(usatoday)References: greeninc.blogs.nytimes, usatoday Filed In: |
| Related (Trend Slideshow OR 44 Photo Slideshow) |
|
;showNav();changeOption('login');)
Log In ;changeOption('guest');)
Guest
Facebook ;changeOption('twitter');)
Twitter 
