SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Quinn: $20 million retail boost in four hours

Friday, Apr 16, 2010

* Impressive. From a Quinn administration press release…

Participating retailers are reporting they have expended approximately $3 million dollars, or half of the available funds, in ENERGY STAR appliance rebates as of noon today, the first day of the program. A total of $6.2 million in rebates is available through the program. At least $20 million in new appliances were sold in the first four hours of the program.

Consumers are visiting their local participating retailers to take advantage of a 15 percent rebate (up to $400 per appliance) on ENERGY STAR qualified refrigerators, freezers, clothes washers, dishwashers and room air conditioners. The program is designed to help Illinoisans reduce their energy consumption and provide a boost to local economies.

The state has designated approximately $6.2 million in rebates for the appliance portion of the program. The appliance rebate was made available today starting at 8 a.m.

Illinois received a total of $12.4 million through the American Recovery and Reinvestment Act to implement both phases of the program. The first phase, which is no longer available, offered rebates on water heaters and heating and cooling equipment. Since the start of the rebate program on January 31, over $35 million in water heater and HVAC sales have been pumped into the Illinois economy.

The Illinois ENERGY STAR Appliance Rebate Program is being managed by the Midwest Energy Efficiency Alliance (MEEA) on behalf of the Illinois Department of Commerce and Economic Opportunity (DCEO). DCEO has also partnered with the Illinois Retail Merchants Association (IRMA) to enroll and coordinate the retailers in the program. Over 600 retailers throughout the state have signed up to participate in the program.

- Posted by Rich Miller        


29 Comments
  1. - wordslinger - Friday, Apr 16, 10 @ 1:35 pm:

    I’m getting a new furnace, and the dude told me he can knock off about a grand in energy efficiency rebates. That’s real money.


  2. - Anon - Friday, Apr 16, 10 @ 1:36 pm:

    I’m a little skeptical. I wonder how many of these appliances were “pre-sold,” with today designated in advance as the date of sale.


  3. - Reality Check - Friday, Apr 16, 10 @ 1:51 pm:

    Ours wasn’t “pre-sold”, and at 730 in the morning we were 5th in line. Comical touch: Store had little PB&J canapes out to celebrate the occasion.


  4. - Lakefront Liberal - Friday, Apr 16, 10 @ 2:03 pm:

    Dang — I was planning to get a new refrigerator but can’t do it until this weekend. At this rate I may not make it before the money runs out.


  5. - Wondering... - Friday, Apr 16, 10 @ 2:26 pm:

    More money out the window. And Quinn does a press release… like he/his admin had anything to do with it.


  6. - Rich Miller - Friday, Apr 16, 10 @ 2:28 pm:

    ===like he/his admin had anything to do with it. ===

    He proposed the idea, his administration set it up. Not sure what you mean there.


  7. - annon - Friday, Apr 16, 10 @ 2:28 pm:

    What a huge waste of money. While we are billions of dollars in the hole as a State, Gov. Quinn continues to run our State further into debt. I am positive this is the type of thing that is fueling resentment of government in Illinois.


  8. - Reality Check - Friday, Apr 16, 10 @ 2:30 pm:

    @wondering: More money out the window.

    It’s federal recovery money, like last year’s cash for clunkers program.

    @RM: He proposed the idea, his administration set it up.

    Are you sure? Isn’t the credit rightly to the president?


  9. - Rich Miller - Friday, Apr 16, 10 @ 2:31 pm:

    ===Isn’t the credit rightly to the president? ==

    Yep. Retract partially. He pushed state involvement and his admin set it up here.


  10. - John Bambenek - Friday, Apr 16, 10 @ 2:39 pm:

    Didn’t the “cash for clunkers” program show us that all this did was shift sales, not increase them? Meaning overall, people just bought during the window when they likely would have bought anyway.

    I seem to recall seeing a vehicle sales slump after clunkers ended.


  11. - Rich Miller - Friday, Apr 16, 10 @ 2:45 pm:

    John, while surely some or even much of that was what you say, it also got a lot of inefficient vehicles off the road which otherwise would’ve been traded in.


  12. - Yellow Dog Democrat - Friday, Apr 16, 10 @ 2:47 pm:

    This program is a win for consumers, retailers, manufacturers and the environment.

    Folks need to take off their partisan blinders and stop criticizing it just because their party didn’t think of it first.


  13. - Amalia - Friday, Apr 16, 10 @ 2:49 pm:

    president proposed it, feds set up administration, state welcomed it, set up the state operation.

    since it seems to be going very well, kudos to all.

    and in terms of impact, tv news reports quote one very large
    retailer as saying that one hour today totaled a usual week
    of sales. I’d say that people are being smart and doing the buying fast, it’s a cash infusion, and it gets clunkers out of
    the energy stream. alll good.

    only wish our plans to rehab were further along to get a new stove now!


  14. - Anonymous - Friday, Apr 16, 10 @ 2:55 pm:

    It simply shifts sales as John said. And although there are *some* energy efficiencies that can be gained from these purchases, one has to hold onto them for a long time for the savings to pay out.

    And the fact that people are swamping the system for “free” money (which we’ll pay for in the future anyway), suggests that the amount was way too high. If you were to subscribe to this type of inducement program, you’d ideally want the same amount of total money going to MORE people, thus selling more appliances, stimulating more sales, taking more inefficient machines out of service, etc.

    So even if you’re a champion of programs like this, the swamped demand shows the inducement should have been 1/3 or 1/2 of what it was.


  15. - annon - Friday, Apr 16, 10 @ 2:57 pm:

    Buying new vehicles produce a larger carbon footprint than if people would have continued to use their older cars until they were defunct. If a vehicle is already built than most of that footprint has already been expended. That is why the “Cash for Clunkers Program” was a complete waste of money. Being environmentally cognizant mean to recycle and reuse what you consume; not to go out and buy new stuff that produces more harm to the environment than just using what stuff you have. It makes no sense and is part of this fake feel good marketing we have seen arise over the last decade.

    http://www.wired.com/autopia/2008/05/the-ultimate-pr/


  16. - Brennan - Friday, Apr 16, 10 @ 3:18 pm:

    The American Recovery and Reinvestment act is the Democratic Party support fund for 2010. Phasing in the spending is by design. These programs do not “go live” until the White House sees a program initiative they like.

    The spending itself is bending the yield curve up. This will cost everyone that carries debt as the cost to service that debt will increase over time.

    =Folks need to take off their partisan blinders and stop criticizing it just because their party didn’t think of it first.=

    This is a sentiment that will crush the American economy. These spending measures are terrible for the environment. They do not reduce carbon emissions at all.

    The only person wearing “partisan blinders” is you. Don’t hate science like the Democratic Party.


  17. - Greg E - Friday, Apr 16, 10 @ 3:22 pm:

    In response to the second comment, there were no pre-sales on this program. Unlike some recent experiences with appliance rebate programs in other Midwest states, this one is in-store sales only with no pre-sales.


  18. - indupage - Friday, Apr 16, 10 @ 3:39 pm:

    RM said “it also got a lot of inefficient vehicles off the road which otherwise would’ve been traded in.”

    Thereby destroying the market for secondary parts and used cars (which are actually more affordable for most people)…buy hey, it’s just the Government’s money, so who cares.


  19. - Concerned Voter - Friday, Apr 16, 10 @ 3:40 pm:

    So, following the auto industry model, in a few months, will we see a federal bailout of Best Buy and Sears because there are no more people buying because the Fed money has dried up?

    I’m kidding, but seriously, with all the money the feda sre handing out in rebates, wouldnt they have been better of just to cut everyone a check and let them use it for whatever they wanted.


  20. - Rich Miller - Friday, Apr 16, 10 @ 3:42 pm:

    ===wouldnt they have been better of just to cut everyone a check and let them use it for whatever they wanted. ===

    Bush did that in 08. Not sure it accomplished much.


  21. - Going nuclear - Friday, Apr 16, 10 @ 3:46 pm:

    Most Energy Star qualified appliances cost more initially, but they will save consumers money over their operating life. If the rebates help people make smarter choices and reduce energy use, I think it will be a good deal overall. And there will be an environmental benefit. The less energy we all use, the lower our demand on power plants, which means less pollution.


  22. - Wondering... - Friday, Apr 16, 10 @ 3:56 pm:

    It’s federal funds…

    >>> Illinois received a total of $12.4 million through the American Recovery and Reinvestment Act to implement both phases of the program


  23. - Wondering... - Friday, Apr 16, 10 @ 3:57 pm:

    Sorry… I see that was already pointed out.


  24. - wordslinger - Friday, Apr 16, 10 @ 4:06 pm:

    –Buying new vehicles produce a larger carbon footprint than if people would have continued to use their older cars until they were defunct.–

    Just wrong. The old clunkers are the worst polluters. If you could get them off the road, many of use wouldn’t have to go through emissions testing every year. The small number that fail are the problem.


  25. - Brennan - Friday, Apr 16, 10 @ 4:29 pm:

    =wouldnt they have been better of just to cut everyone a check and let them use it for whatever they wanted.=

    The 2008 tax rebate checks were largely used to pay down personal debt. Americans were already reorganizing their finances to shift the the personal savings rate up.

    These Keynesian hail mary passes are solely designed to inflate away a deflationary environment. The primary motivation is to artificially inflate credit markets through the creation of new credit financing. The rebates give the buyer instant credibility.

    Maybe you’re one of the many Americans that is trying to save money. But this is perhaps the worst time to save money at all since the Fed is creating cheap money begging you to go borrow some to buy anything.


  26. - Brennan - Friday, Apr 16, 10 @ 4:31 pm:

    =Just wrong. The old clunkers are the worst polluters. If you could get them off the road, many of use wouldn’t have to go through emissions testing every year. The small number that fail are the problem.=

    I take it you did not read the link to Wired at all.


  27. - Anonymous - Friday, Apr 16, 10 @ 4:45 pm:

    ===
    Just wrong. The old clunkers are the worst polluters.
    ===

    If you simply compare one old car to one new fuel-efficient car, you’re right. But pull back and look at the larger picture. Look at the total aggregate energy costs & carbon footprint required to BUILD a new car–one that wouldn’t have been needed had the old one just been used for the rest of it’s natural life.

    It’s the same w/ electric cars–yeah, they are battery powered. But if the battery gets juice from a coal-fired power grid, you’re not accomplishing much.

    The rationale for these rebate programs are twofold:

    1) “Stimulate” the economy.

    It doesn’t. It simply distorts where people would put their money anyway. Even if it’s “free” federal money, we end up paying for it eventually. Short-term incentives such as these (and the cheesy Bush rebate checks) don’t really change consumer confidence all that much. People know it’s only a short term thing. Never mind that a big part of our problem was the lack of private savings and indiviuals living in their own personal credit bubble. Re-inflating the bubbles just don’t work.

    2) Incentivizing consumption of lower carbon-footprint goods. Even granting the threat of global warming & of excess C02, these programs are of dubious help.

    First, we need to look at overall carbon footprint that includes the manufacturing & recycling process. How many people does it take to mine the lithium that goes into the batteries? Does it take more energy to recycle the composite plastic rather than the metal that made up the appliance body? Does it take more workers and thus require more aggregate gasoline to get the workers to work to the factory? The calculations are endless….

    Second, look at the overall tonnage of C02 released each year. Even if each individual gadget has a lower lifetime C02 footprint from raw-matials to recycling, how much aggregate does that cut down compared to global output versus the economic damage it will do? If Russia or China are spewing millions of tons of C02 per day, do these domestic incremental programs even make a dent? If they do, is it worth the drain on the economy?

    I’m not saying I know all the answers here. But what I am saying is that neither does anybody else. And unless & until there’s a clear showing that it’s a benefit, we shouldn’t be tossing even more borrowed money into an unprove rabbit hole.


  28. - Prognosis Negative - Friday, Apr 16, 10 @ 5:03 pm:

    I’m not against this program, because I’m going to try to take advantage of it this weekend (if the money holds out). However, I’m not sure if I agree with the whole “this will help the environment” argument. Yes, it would help the environment if you REPLACED your old fridge with a more energy efficient one. But thats not how it works. You can buy a new fridge without replacing the old one and still get the rebate. In my case, the old fridge is going in the garage and will be my beer fridge. This won’t lower my carbon footprint, but it will keep more beer cold. Which in these turbulent times is very important.


  29. - annon - Friday, Apr 16, 10 @ 6:03 pm:

    Wordslinger, the science is clear, you cannot correct a carbon footprint buy creating another one. The majority of a vehicles carbon footprint is produced when the vehicle is manufactured. Thus, clunkers would be better used until defunct than to be replaced by a vehicle with a similar carbon footprint from manufacturing the vehicle. Simple mathematics suggest that someone would not want to build two vehicles to reduce carbon footprints of one.


Sorry, comments for this post are now closed.


* Uncle Mike
* Today's number: 4,600
* Baked into the cake
* Dunkin becomes issue in Metro East race
* More Rauner TV
* "Child's play" to hack state database
* Elected Chicago school board discussed
* *** LIVE COVERAGE *** Pat Quinn remap press conference
* Man who threatened Rauner gets misdemeanor charge, receives probation
* Governor asked how he sleeps at night
* Munger hit on two online fronts
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* *** UPDATED x1 - ILGOP slams Quinn *** On this point, I agree with Pat Quinn
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............
<


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

  
* What to expect at IFA 2016 this week
* FTC suit against AT&T throttling practices tossed out by appeals court
* RadPad Android Pay promotion ended after excessive participation
* It’s over for the Chromebook Pixel (2015)
* Chromebook Pixel 2 off Google Store, hints of a Pixel 3 to come
* [TA Deals] Master Android Programming with this course (79% off)
* Russian regulatory docs see iOS 10, watchOS 2 hardware, AirPods

* Ranaudo, Robertson pitching in for Louisiana
* Hit in 57 games, win $5.6 million
* Adams among top prospect performers Monday
* Late HR spoils Saladino's heroics, Shields' start
* Shields ends August in promising fashion
* White Sox try to solve Norris, make up ground
* Late HR spoils Saladino's heroics, Shields' start

...............


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress

Loading


* Editorial: Quinn to redistricting rescue?..
* Gov. Rauner Vetoes Pay Raise for Homecare Worke.....
* Illinois Prison Population Decreased Since 2014.....
* Illinois Lawmaker Remains Hopeful For Child Car.....
* Rauner Is Still Pushing His Agenda, Even With T.....
* Del Mar could vote himself into Murphy’s open S.....
* Data: Illinois prison population decreased sinc.....
* Former Gov. Quinn proposes his own redistrictin.....
* Former Gov. Pat Quinn Has His Own 'Fair Maps' P.....


* Los Angeles developer buys iconic Tribune Tower in Chicago
* Ex. Illinois Gov. Quinn unveils redistricting reform plan
* Obama cuts short the sentences of 8 inmates from Illinois
* Chicago law clerk is fired after posing as judge
* Data: Illinois prison population decreased since 2014
* High water limits parking, closures possible at Starved Rock
* Civil rights groups want road near pipeline protest reopened
* Excerpts from recent editorials in newspapers in Illinois
* U of Illinois names first dean of new medical school
* Parents, coaches try to recognize brain injury in athletes

* Ex-Gov. Quinn unveils redistricting reform plan
* Moody's says lowering TRS investment rate is positive for the state
* State lawmaker proposes cracking down on Pokemon Go sites
* Ex. Illinois Gov. Quinn unveils redistricting reform plan
* Data: Illinois prison population decreased since 2014
* New law: No pensions for new county board members
* Rauner vetoes bill raising caregivers' minimum wage
* FBI warns of possible state election-system hacks; Illinois reported breach in July
* Thirty-year-old SNAP overpayments still being collected
* Despite budget warnings from Rauner, TRS board votes to lower investment estimates

* Speed traders in talks to build Chicago-to-Japan microwave link
* A new shop for ethically sourced and lab-grown diamonds
* The next M&A targets? Alzheimer’s, Parkinson’s drugs
* The next M&A targets? Alzheimer's, Parkinson's drugs


* Colin Kaepernick tries to focus while controversy swirls
* Vikings QB Teddy Bridgewater suffers serious knee injury
* White Sox notes: Saladino power, Gonzalez, help for Louisiana
* Trump hits Bolingbrook Sept. 12 for fundraiser
* Obama cuts short the sentences of 8 inmates from Illinois
* Brown: Make-believe judge case exposes real flaws in judgment
* Armed robbery reported at Elgin gas station
* Threats loom over gang trial; U.S. marshals want Hobos shackled
* Bears claim Browns CB K’Waun Williams
* Healthy Zach Miller — knock on wood — bullish on Bears’ offense


* Montgomery 12-year-old charged with stealing bus from church, driving to Naperville
* Wal-Mart to close West Plaza store in Aurora
* Emanuel releases blueprint for Police Department oversight
* Vigil planned to honor OPRF student who died in Austin shooting
* FBI recovered 30 new Clinton emails related to Benghazi, State Department says
* Law clerk accused of pretending to be judge is fired
* Hershey's failed deal renews image as a company not for sale
* Commissioner seeks to exempt clubs featuring DJs from amusement tax law
* Tribune Media inks deal to sell Tribune Tower to developer
* Manker: Cubs' late-night victory a joy to behold, but messes with bedtime


The widget AQL4JYGHIY powered by Feed Informer does not exist.


* Ex-Gov. Quinn unveils redistricting reform plan
* Moody's says lowering TRS investment rate is positive for the state
* State lawmaker proposes cracking down on Pokemon Go sites
* Ex. Illinois Gov. Quinn unveils redistricting reform plan
* Data: Illinois prison population decreased since 2014
* New law: No pensions for new county board members
* Kathleen Parker: The GOP's Trumpian deflation
* Their View: Shameful abandonment of Iraqi, Afghan allies
* Rauner vetoes bill raising caregivers' minimum wage
* FBI warns of possible state election-system hacks; Illinois reported breach in July


* No Man's Sky: A whole lot to see, not much to do
* Horses rescued from farm to be placed 'soon'
* Marriages licenses and divorces
* Admitted robber gets 5 years in prison
* Ryan's wrap-up: Old tap is back, smartest dogs and late Cubs and Keys
* Rush, attorney ordered to pay over $14,000
* Champaign man charged with having sex with 15-year-old
* Former prison employee sentenced for providing contraband to inmate, lying to investigators
* State appellate prosecutor to review crash tied to Pendleton pursuit
* Boil Order


* Superb acting, authenticity define TimeLine's 'Bakersfield Mist'
* Developer pitches townhouses for Glen Ellyn site
* Proposed Rolling Meadows Library addition to add meeting space
* Tributes pour in for Catlow, Boloney's co-owner
* Washington Street closing delayed

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Mayor Emanuel and Senator Durbin Announce ......
* Reps. Duckworth, Quigley, Schakowsky, and ......
* Aroma Park to get grants, loan for sewer p......

* Senator Kirk Partners with National Kidney......
* Tammy Duckworth Attacks Mark Kirk for Bein......

* Illinois REALTORS® named to key NAR committee posts
* President Mike Drews leads discussion with U.S. Rep. Hultgren
* Illinois property taxes leave few options for financially-sound future
* Chicago 1st year teacher writes song to welcome students
* Sosnowki: The Voices of 570,000 Voters Matter
* Reeder: Justice Kilbride "wrong-headed" on remapping decision
* ITT Technical Institute Ceases New Student Enrollment
* Cartoon of the Day - 8/29/16 Trump Chicago shooting
* Chicago Aldermen Seek Delay In Considering Emanuel's Police Reform Plan
* Chicago City Council To Hold Wednesday Hearing On Lead In School Water


* Starved Rock State Park Parking Limited Due to High Water - Visitors Should Expect Delays, Temporary Closures Labor Day Weekend
* Statement on Redistricting Referendum
* Rauner Administration Takes Action to Help Illinoisans Find Lost Life Insurance Money
* Illinois Residents Encouraged to Register for ‘The Great ShakeOut’ Earthquake Drill - 'Drop, Cover and Hold On’ Drill Set for October 20
* Governor Takes Bill Action




      Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller