FOR IMMEDIATE RELEASE
Contact: Appliance Factory Outlet & Mattresses Corporate Office
April 22, 2010
Appliance Factory Outlet “Cash for Clunkers” a Huge Success
Appliance Factory Outlet sets a new record high in sales with the launch of Cash for Clunkers Recharge Colorado. “Our business jumped by 400% in a single day,” said Cleat Crocker, Marketing Director of Appliance Factory Outlet, “We knew this would be big but even we didn’t expect it to be this big”.
Customers have been flooding into Appliance Factory Outlet locations throughout the state since the program launched April 19th. Crowds rushed in to purchase qualifying Energy Star models of refrigerators, washers, and dishwashers. Crocker went on to say, “Now the customers are switching their focus from registering online for the state rebate to finding a local Colorado company to fulfill their appliance needs.”
Appliance Factory Outlet attributes their success to being Colorado’s largest independent, locally owned appliance dealer. Appliance Factory Outlet is a State registered recycler, ensuring their customers will receive the maximum refrigeration rebate. Customers who implement their refrigerator rebate at Appliance Factory Outlet go from a $50 rebate up to a $100 rebate.
Cash for Clunkers Rebate Reservation began April 19th. Coloradans were able to go to www.rechargecolorado.com to reserve their rebates. People who were able to reserve rebates had 30 days to purchase their qualifing appliances and mail in their rebate forms. Beginning around May 24, unused rebates will be given to names on the waiting list. We expect a lot of rebates to become available . If you haven’t reserved your rebate yet, visit www.rechargecolorado.com to reserve yours.
The program designed to make the roads more environmentally friendly has now moved into American house holds. The U.S. Department of Energy Secretary Steven Chu announced that $300 million in funding from the American Recovery and Reinvestment Act has been allocated for the replacement of household appliances to new Energy Star models. The program is designed to allow each state to decide the specific requirements of which appliances qualify and how much of a return the consumer will get.
How much is Colorado allocated?
The program has issued $4,739,000 to the state of Colorado.
When does the program begin?
The projected start date is April 19, 2010. You must reserve your government rebate the morning of April 19th online at www.RechargeColorado.com. Rebates are expected to run out quickly, we recommend reserving your rebate first thing April 19th. A call center will also be available at 1-800-462-0184. For more information on the program please visit www.colorado.gov/energy.
How long will the program run? Continue reading
Cash for Clunkers: Appliances has been sweeping across the United States since the beginning of 2010. The program is designed to replace old appliances with new energy efficient models, as well as give Americans cash back for the energy upgrades they’ve done to their homes. The program is also meant to help boost the local economy.
Each state regulates this government program determining launch dates, what qualifies and allocation of funds. Some states such as Massachusetts and Colorado give the option to reserve one of each rebate, while other states such as Florida, only allow consumers to reserve rebates up to $1,500.
Qualifying appliances also make a difference. Colorado and New York rebates include refrigerators, washers, and dishwashers but excludes freezers. Even rebate reservation and product purchase dates vary depending on state of residence. Coloradoans are required to reserve their rebates after the launch date, recommending consumers reserve them immediately the morning of April 19th, requiring the actual purchasing of appliances after the program has been launched. Texans on the other hand have a window to purchase their appliances, then reserve a rebate.
The overall consensus with this nation wide energy rebate program is that funds will run out quickly. Within 24 hours of launching, Minnesota ran out of funds as stated in the news article “Heavy Demand Closes Minn. Appliance Rebate Program”. States that have not yet launched are recommending to reserve their rebate as soon as possible.
Are you ready for the energy madness?