Stimulus bill to provide rebates for energy-efficient appliances (2/13)
The consumer rebate will offset the cost differential between Energy Star and non-Energy Star appliances such as refrigerator-freezers, dishwashers and clothes washers. These savings, coupled with the lifetime energy savings, would more than pay for the total investment in the new appliances.
A consumer rebate program will result in dramatic savings for consumers. If every household in the U.S. replaced older appliances with Energy Star products, more than $10 billion in utility costs would be saved per year.
This rebate also provides an important benefit to the environment. By replacing appliances with Energy Star appliances, the U.S. could save more than 82 billion kWh per year.
“Retiring older, less efficient appliances with Energy Star products is the single most cost-effective step a consumer can take to save money and energy. This rebate program was a top legislative priority of the industry to help stimulate demand and provide immediate energy and utility cost savings to consumers,” stated Joseph M. McGuire, AHAM president.