The U.S. Department of Energy hopes to encourage conservation by getting consumers to replace old, wasteful appliances with new, more efficient Energy Star-certified machines. But the appliance industry, reeling from the recession and a drop in sales, also hopes the rebates will provide a much-needed sales boost. About 55 percent of new appliances sold last year met the requirements for an Energy Star label, the government says. The cash-for-refrigerators plan will be in addition to incentive programs already run by many states, although there's no guarantee the federal money will get people to buy new appliances instead of fixing their old ones when money is tight.

The Obama administration hopes a new incentive program will help the economy and the environment, persuading people it's time to replace old appliances in your kitchen. The federal government has set aside $300 million for the program as part of the economic stimulus plan.
Read more on "Cash for Refrigerators" http://abcnews.go.com/Technology/JustOneThing/story?id=8401046


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