Rebates and Discounts: Cash for Appliances

Remember "cash for clunkers"? Well now there are financial incentives to upgrade to a more efficient appliance. The Illinois Department of Commerce and Economic Opportunity has collected more than $12,000,000 from federal stimulus money to provide this opportunity for Illinois residents. Retailers will offer 10-15% off Energy Star qualified appliances at point of sale and there will be an additional rebate available ranging from $50-100 for recycling the old appliance too:

This will happen in 2 phases:

1) DCEO will offer rebates on heating and cooling equipment (furnaces, central AC, heat pumps, water heaters) starting later this winter and offer the program until the funds are depleted.

2) DCEO will offer an appliance rebate campaign this spring (targeting Earth Day) lasting no more than a few weeks, offering rebates through retailers on Energy Star white goods (refrigerators, washers, dishwashers, freezers, room air conditioners), If funds are remaining, the white goods rebates may be offered for a second period, probably in the fall.

Unlike "cash for clunkers" you don't have to trade an old appliance in to qualify. What's even better? Consumers will not be required to haul their bulky old appliances to the dealer in exchange for a new one.

For more information visit Illinois Department of Commerce and Economic Opportunity