Wednesday, February 3, 2010

INSTANT APPLIANCE REBATES PLUS CWLP REBATES & TAX INCENTIVES = BIG SAVINGS

Rebates available until state funding is exhausted

The State of Illinois is making $12 million dollars available for point of sale rebates to consumers who purchase various home appliances. The funding is coming from the American Recovery and Reinvestment Act of 2009 and is administered through the Department of Commerce and Economic Opportunity (DCEO). Point of sale rebates are rebates the customer receives at the register versus submitting paperwork after the fact.

A total of three DCEO programs will soon be available to all Illinois consumers on a first come, first served basis until the funds are exhausted. Qualifying hot water heaters will receive a 25% rebate (effective since January 25th); heating and cooling equipment (e.g., gas and propane furnaces, central AC, air-source heat pumps, gas boilers) will receive various fixed price rebates started January 31st; and Energy Star qualified clothes washers, dishwashers, freezers, refrigerators, and room air conditioners will be eligible for a 15% rebate from April 16th through April 25th. Details of the rebates can be found at the DCEO website, www.helpgreenillinois.org.

“These rebates are a great opportunity to save money for anyone who is thinking about upgrading a home appliance,” Mayor Tim Davlin said. “This type of program should not only help those folks in town who purchase these appliances, but they should also boost sales and therefore sales tax revenues from Springfield’s appliance retailers and HVAC contractors.”

“The DCEO rebates for a qualifying air source heat pump ($1,000) or air conditioner ($500), when combined with currently available CWLP rebates and federal tax credits, can bring the cost of ownership for a new unit down to 50% to 60% of the purchase price,” CWLP General Manager Todd Renfrow said. “These upfront savings on a purchase are in addition to the annual savings the CWLP customer will see on their bill. For example, a customer installing a new 16 SEER/12.5 EER air source heat pump will save an average of 30% on their heating cooling bills or approximately $375 annually.”

For more information about CWLP energy efficiency rebates call the CWLP Energy Services Office at 789-2070 or click the Energy Services tab on the CWLP website www.cwlp.com. For more information on appliance rebates visit the Illinois Department of Commerce and Economic Development website at www.helpgreenillinois.org.

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