Have you been thinking about replacing an appliance for another more efficient one? Were your appliances damaged in one of the storms this spring? Now may be a good time to make a purchase.

Connecticut is one of 14 states participating in the Energy Efficient Appliance Rebate Program The Federal Government gave Connecticut $3.4 million to use for this program The program started January 25, 2010 and will run out when the funds are used up So if you are thinking about replacing that old appliance for a more efficient one or you lost one in the storm damage, this is the time to consider buying one or more.

This program is designed to stimulate the economy with sales that will help retailers and to provide you with a more efficient appliance that will lower you energy usage (therefore lower you utility bill) If you live in Connecticut, go to www.ct.gov/opm/ApplianceRebates If you live in another state, search your state government’s website for more information.

You will get the following rebates:

Clothes washer $100
Refrigerator $50
Freezer $50
Room A/C units $50*
Central Air units $500

*You are allowed one each except for room a/c where you are allowed 3.

Only buy an appliance if you can afford it, or if you know your insurance company will reimburse you for your claim Buying something you don’t need or can’t afford will not do you any good, even if you get a rebate As always, consider how you will pay for it before you buy This is one of those things that you should be able to pay for from money in your savings account This is not a good purchase for to put on a credit card and make minimum payments for years to come.