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Should I Spring for a New Fridge?

If your household is in the market for new refrigerator or clothes washer, do not delay in taking advantage of this rebate! The rebate program is available for six weeks only starting Monday.

If you are a resident of New York State, you can receive a cash rebate of $350 by purchasing an eligible refrigerator, or $250 by purchasing an eligible clothes washer!

The daffodils are early this year, and so are the rebate incentives on major appliances.

If your household is in the market for new refrigerator or clothes washer, do not delay in taking advantage of this rebate! The rebate program is available for six weeks only starting Monday.

With only $3.5 million available state-wide on a first-come, first-served basis, the program will benefit between 10,000 and 12,000 households. 

If you have a $100 monthly electric bill, a new eligible refrigerator can save you $50 a year in electricity costs. Add that avoided cost for year 1 to the rebate and you get $400 back in the first year. 

“Eligible” in this case means a fridge or clothes washer that meets High Efficiency Tier 2 or 3 standards defined by the Consortium for Energy Efficiency

These standards identify appliances that deliver 10-20% more energy savings for clothes washers and 5-10% more energy savings for refrigerators over older models.

New York is devoting $3.5 million dollars to this program. The funds for the Buy Green Save Green rebate program come from your federal tax dollars at work. Under the U.S. Department of Energy's State Energy Program (SEP), via the 2009 Recovery Act (aka ARRA, or stimulus program), funds flow to the states for appliance efficiency incentives that each state then tailors to its residents’ needs.

Applications will be accepted starting March 19, 2012. To qualify, your eligible appliance(s) must be purchased on or after March 19, 2012 and before the date available funding runs out (or April 30, 2012, whichever comes first).

Before you can fill out the rebate application form, you must first purchase your High Efficiency CEE Tier 2 or 3 appliance(s). The application form is available here: www.nysappliancerebates.com

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Mary March 19, 2012 at 10:24 AM
"If you have a $100 monthly electric bill, a new eligible refrigerator can save you $50 a year in electricity costs. Add that avoided cost for year 1 to the rebate and you get $400 back in the first year." So let me get this straight...I'm still spending $1,150.00 per year for electric to run the appliance...right? Now, that would be the cost of electric today...what happens in the upcoming years when energy costs will necessarily skyrocket... I purchased an Energy Star dishwasher last year and the cycle runs for 1 1/2 hours...doesn't seem like an energy saver to me.
Mary March 19, 2012 at 04:43 PM
First I read an article on the Patch reporting on federal grants to NY encouraging the purchase and new appliances and then I come across this article from CBS's Smart Planet blog ....("CIA: We’ll spy on you through your refrigerator")… http://www.smartplanet.com/blog/thinking-tech/cia-well-spy-on-you-through-your-refrigerator/10717 ....I’m sure there’s no connection…but, then again…

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