Cash for Refrigerators! Will You Get a New One?

cash for refrigerators

Photo from Sears

Need a new fridge?

You've no doubt heard of the government's Cash for Clunkers deal for cars and trucks. Well now, the Department of Energy is hoping to encourage energy conservation with a Cash for Refrigerators (and other kitchen appliances) program.


Starting this fall, you could get a rebate of anywhere between $50 and $200 for buying a new, more energy-efficient appliance. Unlike the clunker deal, you don't have to trade in your old appliance to qualify.

The exact details are being worked out—and they will likely vary from state to state— but the Obama Administration is hoping that the incentive program will help the economy and the environment.

Would you consider buying a new appliance because of the incentive program? What kitchen appliance would you replace first?

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