STOP THE MADNESS: Clunkers are Still Clunkers If They Stay on the Grid

Posted on: September 10, 2009
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There’s been some buzz lately about the forthcoming Cash for Clunkers for Appliances program. The problem is, as the program is conceived now, it’s not really a Cash for Clunkers – it’s a rebate program. So a consumer can walk into a store, buy a new fridge, get a Federal rebate (on top of any utility, manufacturer or state rebates available), plop the pretty new appliance in the kitchen… and roll the old one out to the back porch and fill it with beer and Thanksgiving leftovers. In short, the new program doesn’t appear to actually do anything to get old energy sucking appliances off the grid – it just incents consumers to buy more efficient energy sucking appliances and add them to the grid.

Read more at The Shelton Group

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