Two ways to save big on energy efficient appliances

If you’re in the market for an energy efficient appliance, there are two cost-saving options in sight. Problem is, it is impossible at this point to determine which will save you the most money.

Georgia is in line for $9.3 million in federal stimulus money that will be directed toward a rebate program for Energy Star appliances. The details of the deal are still being hammered out, but $300 million in federal dollars is being distributed to states based on population.

How Georgia will run its rebate program is unclear, said Shane Hix, spokesman for the Georgia Environmental Facilities Authority. Hix spoke to The Atlanta Journal-Constitution earlier today.

“While $9.3 million sounds like a lot, it can only go so far,” he continued. “We’ll have to find the best way to manage the program and roll it out in a way that as many people as possible can take advantage, and still provide a reasonable rebate on these products.”

A national report says that consumers can expect to get anywhere from $50 to $200 in rebates. The most likely products to be part of the program are heating and cooling equipment and appliances, and water heaters. The states’ plans for the program are due back by Oct. 15, and will be awarded around the end of the year or early next year.

That is after Georgia’s tax free holiday, Oct. 1-4, for energy and water efficient products. Hix said consumers unfortunately won’t be able to use both price breaks in conjunction.

“That would have been ideal, I think, but the Department of Energy just did not get the program rolled out quickly enough for us to take advantage [of the two together],” Hix told me.

Are you in the market for an energy efficient appliance or product? Do you plan to take advantage of either of these opportunities?

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4 comments Add your comment

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Sped Teacher

August 28th, 2009
12:12 am

I need a new electric cooktop. Mine is about 25 years old and could go at any time. Same thing with the wall oven. Works great, but who knows for how long. All new appliances are Kenmore Elite. One year no interest specials and go 2 weeks before it is due and pay for it. Looking for free delivery and set up. New refrig reduced Ga Power by $5 per month when I got it almost 5 years ago.

Concerned

August 30th, 2009
5:16 pm

Just another government giveaway of money they don’t have.

Jack Schitt

August 30th, 2009
9:09 pm

Hey Concerned…..understand this. The government is not giving away “its” money. The government is giving away OUR money as in the hard-working American tax payer. All the welfare suckers do not understand this simple concept. The government only has what it takes by FORCE from taxpayers. Yes..they take it by force. Try not paying your taxes and see how quickly you end up in jail. Obama is spening us into oblivion. Of course the welfard leeches dont mind…its not like they have to work for it or anything.