It seems like 2009 will go down as the year of the stimulus, even though individual stimulus checks weren’t sent out to the majority of people in 2009. Instead, Congress passed The American Recovery and Reinvestment Act of 2009 in February, which included several other stimulus programs designed to put cash in people’s pockets, extend unemployment and COBRA benefits, increase welfare and food stamp payments, enhance educational grants and programs, and entice consumers to buy products in ailing industries, such as the $8,000 first time home buyers credit, the Cash for Clunkers program, and the credit most people have ignored so far – credits for purchasing energy efficient appliances bearing the Energy Star seal.
2009 Stimulus Package Energy Efficiency Credits
The American Recovery and Reinvestment Act of 2009 included a $300 million pot of money for $50 to $200 rebates on energy efficient home appliances. The exact details of the program haven’t been released yet; each state will manage their own program and they have until October 15th to file formal applications with the Energy Department. This program is different from the Cash for Clunkers Program because consumers don’t have to trade in an old appliance to qualify for the rebate.
When Does Cash for Appliances Start?
Each state has until October 15, 2009 to submit their Cash for Appliances applications to the Department of Energy (DOE). If approved for funding, the states should receive their funds from the DOE by November 30, which should be just in time for Christmas shopping.
Home Depot Coupon Updates
Energy Star Appliances Eligible for the Cash for Appliances Program
Appliances must have the Energy Star seal to qualify for this program.
- Heat pumps
- Central and window air conditioners
- Washing Machines
- Water heaters
This is good news if you were already in the market for an Energy Star appliance, but with the steep discounts that can already be found at places like Home Depot, Lowe’s, and other appliance stores, you can probably find very good deals right now. Be sure to shop around for the best deals – you may be able to find a better price at your local independent appliance store than at a big box retailer. Be sure to check out coupons from big retailers, such as these Sears coupon codes.
Get 10% off at Home Depot and Lowe’s. Are you in the military? If so, then check out the military discounts you can get at Home Depot and Lowe’s: Home Depot and Lowes 10% Military Discount Available Everyday.