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08-07-2009, 04:24 PM #1
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Next: Cash-for-refrigerators
$30 rebate
Next: Cash-for-refrigerators
By Steve Milloy
Friday, August 7, 2009
Actually, it’s already happening. The New York Times reported (Aug. 4):
Last week, New Jersey began a statewide program that offers residents a $30 rebate by recycling eligible refrigerators or freezers. Old refrigerators and freezers in Vermont also fetch $30, under a program begun last month.
But is the taxpayer subsidy necessary? According to the Times:
Utilities commonly estimate that homeowners can save up to $150 a year on their electricity bill by dumping their old refrigerator or freezer. Old refrigerators, made prior to 1990, also use three times as much electricity as new ones, the utilities say.
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