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Cash for Appliances Proposal

Arkansas ENERGY STAR® Appliance Rebate Plan Projected Goals

Program Timeline and Milestones

Program Milestones

Target Date

DOE approves Arkansas rebate plan. Program starts recruiting retailers/contractors and the competitive selection process for rebate fulfillment

11/30/2009

Rebate fulfillment vendor selected

1/31/2010

Retailer and contractor recruitment concludes

2/15/2010

Rebate form, website and materials finalized

2/28/2010

First Quarterly Report to DOE

2/28/2010

Program announced to public, rebates available

3/1/2010

Weekly and biweekly reports to public and partners on the amount of rebate funds available.

3/1/2010 until funds expended

Second Quarterly Report to DOE

5/31/2010

Estimated date for rebate funds to be expended.

6/30/ 2010

Final report to DOE

8/31/2010

Arkansas expects to receive $2.74M from the Department of Energy (DOE) for ENERGY STAR® appliance rebates to residential customers.  The replacement of older appliances with more energy efficient models save families money while stimulating the economy and creating jobs.   Appliance rebates will offset the price premium of ENERGY STAR® products.  This program expects to rebate 18,000 to 21,000 appliances.
Proposed Appliance, Rebate Levels and Customer Savings
ENERGY STAR® ApplianceAR Rebate Level*ENERGY STAR® Price PremiumEstimated Annual Energy Savings of an ENERGY STAR® Unit**
Refrigerator$125$30$12 - $64
Clothes washer$175$323$50 - $135
Hot water heaters
·         Gas condensing$200$435$110
·         Heat pump$200$850$290
·         Gas storage  (2009 energy criteria)$50$70$30
·         Gas storage  (2010 energy criteria)$200$400$50
·         Gas tankless$200$605$115
·         Solar (gas or electric)$200$2,335 -$2,550$190 - $250
* Rebate level based on energy savings, price premium for ENERGY STAR, replacement costs and other factors.** Figures do not account for AR rebate levels.   Rebates are first come-first served while program funds are available.  Customers can track the availability of rebate funds remaining on program website.  AEO will actively monitor and manage funds to fulfill as many rebate claims as possible.