Are you ready for Round 2? Here at Abt, we definitely are! For one day only (Friday, September 24th), you can be one of thousands of IL residents to use part of the remaining $3 million in stimulus funds. Illinois residents can receive 15% instantly (up to $250 per category) on Energy-Star qualified appliances. Just like the Cash for Appliances Day in April, this money is given out first come, first serve. Below are some things you will need to know about this program.
Promotion takes place on Friday, September 24th. Once the funds are gone, they are gone.
Abt opens at 7am, with tickets being processed at 8am.
A 15% off instant discount, up to $250. Customers may receive one rebate for each product category.
The Energy Star appliance rebate program slated to run from April 16-25th was a huge success. Millions of consumers all over the United States opted to get new energy saving appliances as well as heating and cooling systems for their homes. The rebate program was so successful that it lasted a mere 10 hours in Illinois.
The New York Times discussed the successes and failures of the program in an article yesterday. “Illinois took another approach, pushing all of the paperwork hassles onto retailers, which were required to give instant rebates to the customer and recover the funds from the state. “It was easier on the customer,” said Michael Abt, president of Abt Electronics in the Chicago area.
Mr. Abt said that the state paid his company promptly after the first phase of rebates in January, which applied to heaters and hot water heaters, and he expected to get paid within a month for Friday’s phase, which covered other appliances.“ (New York Times¹)
In other states, consumers had to spend hours online and on the phone reserving their rebates. There were many flaws and consumers suffered the most, even though they were the ones that this program intended to help.
Did you participate in the program? Did everything go as expected or did you have a hassle? Let me know!
1. Zeller Jr., Tom and Skipp, Catherine. “Appliance Rebates Come and Go, Quickly.” The New York Times 19 April 2010:http://www.nytimes.com 19 April 2010. 20 April 2010. http://www.nytimes.com/2010/04/20/business/energy-environment/20rebate.html
Remember, tomorrow Abt opens at 7:30 am for the Energy Star rebate program. It starts tomorrow at 8 am and ends April 28th at 9 pm, or when funds run out—whichever comes first. We expect the 6.2 million dollars to run out quickly. Due to the limited funds, a cap of $400 has been put on the rebate amount per appliance. Only in-store purchases are eligible for the rebate. Energy Star qualified clothes washers, dishwashers, refrigerators, freezers, and room air conditioners from participating retailers will be eligible for the rebate.
Here are a few program rules to keep in mind:
• Only one rebate per product category, per household is allowable. For example, a customer may receive a rebate on an ENERGY STAR refrigerator as well as a qualifying dishwasher, but would not be eligible for two dishwasher rebates.
• Only Illinois residents are eligible for these rebates. Home zip code must be supplied at point of purchase.
• Rebates will not be retro-active; they will be available for only the periods announced.
• No rebate will be offered to customers who are representing a company or using corporate funding to purchase appliances. In addition, retailers will have the right to refuse to have the appliances delivered to a place of business.
• Only residential-scale equipment will qualify. Only installations in Illinois will qualify. Installations in commercial space will not be applicable.
• All appliances must be delivered by May 28, 2010 – close of business
For Disabled Citizens
Disabled individuals physically unable to make their purchases in-store may do so by calling a participating retailer. This is ONLY for persons physically unable to make their purchases in-store. The State reserves the right to revoke any and all rebates made by individuals violating or misusing this stipulation.
Monday morning, ABC 7 News visited Abt to discuss the stimulus program for appliances, beginning Friday. Illinois received $12 million for Energy Star qualifying hot water heaters, central air conditioners, furnaces, and appliances.
The rebate began for hot water heaters, central air conditioners, and furnaces on January 31st of this year. Half of the stimulus money has already been doled out.
Beginning this Friday, April 16, any in-store purchase of Energy Star qualified clothes washers, dishwashers, refrigerators, freezers, and room air conditioners from participating retailers will be eligible for a rebate. The rebate program ends April 25th or when the funds run out.
The Illinois government has imposed a cap on the rebate program. A maximum rebate of $400 per appliance will be allowed. Prior to the new rebate cap, 15% of the cost of the appliance was going to be reimbursed. The change will enable more people to participate in the program and the funding will reach more participants. This will ensure that high-end appliance purchases will not deplete the funds too quickly.
There are a couple of ways to participate in the rebate program. You will automatically receive your rebate on Energy Star qualifying appliances at the point-of-purchase. There is an additional $75 mail-in-rebate exists for those who opt to recycle old refrigerators and freezers.
The recycling rebate must be filled out and mailed in. Those who elect to recycle their old refrigerators and freezers will pay the $29-$49 Abt fee and then they will receive the $75 after the rebate is processed.