After the quick success of the Cash for Clunker old car trade-in program, the government is now planning a similar rebate plan for your old appliances. Simply put – there will be cash rebates ($50 to $200) available which can be applied if you buy new appliances with an Energy Star seal. The main difference with this program is that unlike the Cash for Clunker program you don’t have to trade in your old appliance to get the rebate. So if you want to move your grandfather’s old 1950’s fridge out to the garage then this program won’t interfere with those plans.
List of appliances eligible for rebates.
The Cash for Appliances rebates will be awarded for the purchase of appliances which have the Energy Star seal. Make sure it has the seal!!!
Here is a list of the eligible appliances:
- Air conditioners
- Washing machines
- Central and window air conditioners
- Water heaters
- Heat pumps
More information on this program
Want to learn more about RESPs? Buy The Book:
The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.