There’s a new stimulus plan coming our way! It is called Cash for Refrigerators, the “sequel” to Cash for Clunkers and is set to start during fall this year.

The plan will have its variations according to each state, but it seems you will be able to trade your old appliance for $50 to $200!  It could be almost like trading  it for a new one right away. The Energy Department has said each state’s deadline for filing applications will end on October 15^th.

Steven Chu has said payments will be in rebates:

“These rebates will help families make the transition to more efficient appliances, making purchases that will directly stimulate the economy.”

Well, are you in?

This entry was posted on Monday, August 24th, 2009 at 8:48 am and is filed under Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.