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.


* Question of the day
* McKinney resigns from Sun-Times: "I’m convinced this newspaper no longer has the backs of reporters like me"
* Another one pops
* Reality vs. reporting
* New anti-Rauner theme: "Wolf of Winnetka"
* Redefining Bobby
* Pat and Bruce
* The lindane file
* US judge orders hiring monitor at IDOT
* Underdog endorsements
* Birth control, millionaires and the minimum wage
* Good morning!
* 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

          
        * Philips quad HD I966 Aurora handset has us a little jealous
        * Are your jeans ruining your iPhone 6?
        * Apple Pay’s First TV Ad Is A World Series Spot From MasterCard And MLB
        * Twitter brings log-in via phone number to wider app landscape with 'Fabric' platform
        * Oh, Canada! Nokia Lumia 830 Now Available
        * Hands On With Google Inbox: Useful Email Triage Tools For A Mobile Workflow
        * Verizon Leads Flint Mobile’s $9.4M Round As Payment Service Comes To The Web

        * Watch Out for Suspicious Microsoft Office Files--It Could Be Malware
        * AT&T Touts Customer Gains, but Earnings Miss Estimates
        * Re/code’s Excellent Google Inbox Adventure
        * Most Popular Linux Desktop Environment: GNOME Shell
        * The Best Techniques for Negotiating with Car Dealerships
        * Facebook allows page admins to save, backdate posts
        * Gawker These Are the Creepy 4Chan Successors Behind Gamergate's Pathetic War | io9 10 Bizarre Theori

        * 23 potential MLB free agents as SkyMall items
        * World Series Game 1: Notes and discussion
        * The e-gus off-season plan
        * Reading Room: A wild card of a World Series
        * Following same path as '59 White Sox, KC eyes title
        * larry's Offseason Plan
        * Abreu wins Sporting News' AL Rookie of the Year honors


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

        Archives
        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


        * Federal judge deals Quinn ethics blow on IDOT p.....
        * Emanuel to name former Preckwinkle administrati.....
        * Education-Focused Campaign Spending Crosses Par.....
        * Topic matches for "immigration"..
        * Reporter resigns following Rauner complaint..
        * Dave McKinney, Sun-Times Springfield Bureau Chi.....
        * Work begins on BNSF Eola Yard for Chicago-Molin.....
        * Reporter quits Sun-Times, cites ‘chilling effec.....
        * The Clintons, the Democrats' 2014 super surrogates..


        * Editor defends Sun-Times after reporter quits
        * Reporter resigns following Rauner complaint
        * Self, Weber speak at Wayne McClain funeral
        * Court-appointed monitor ordered for IDOT hiring
        * Man suspected of killing 7 refuses to answer judge
        * Incoming Chicago archbishop won't live in mansion
        * Chicago Bears Chairman speaks to DeKalb students
        * Judge imposes gag order in Indiana slayings case
        * Chicago hospitalizes 2 air travelers from Liberia
        * Vice President Joe Biden to return to Illinois

        * Sun-Times political reporter resigns following Rauner complaint
        * Minimum wage hike supporters urge early voting
        * Federal judge orders court-appointed monitor for IDOT hiring
        * Rep. Raymond Poe to undergo stem cell transplant
        * Bill Clinton campaigns for Quinn, Durbin
        * Quinn, Rauner spar over jobs, taxes
        * Election 2014: Learn about all the candidates
        * What to watch for in third governor debate tonight
        * U of I sees turning point as election nears
        * Chicago Sun-Times endorses Rauner for governor

        * Ebola? Biz travelers say 'meh'
        * Sun-Times Springfield bureau chief Dave McKinney resigns
        * Northern Trust now charging Europeans to park their cash
        * Humbler abode: New Chicago archbishop won't live in mansion
        * Chicago hospitalizes two air travelers from Liberia


        * Father Bob Botthof, teacher who became priest after losing wife, dies at 85
        * Father Bob Botthof, teacher who became priest after losing wife, dies at 85
        * Sparse crowd at CPS HQ before Board of Ed vote on Hancock school
        * Indiana officials identify fourth body found after arrest of suspected serial killer
        * Jail guard smuggled weed in sandwiches, feds say
        * Back to the past with mayor’s move
        * Court officials suggest ISIS wannabe could be released from jail on bond
        * Tentative deal at U of I hospital averts threatened nurses’ strike, union says
        * Unemployment rates fall in 31 states, including Illinois
        * 3 Daley scandals cost Chicago taxpayers over $6 million


        * FBI announces 2 bank robberies on the NW Side
        * Camera rolling for Wallenda high-wire walk
        * Grisly new details as second murder charge filed in Indiana slayings
        * Extra-alarm fire out, no injuries
        * Police activity reported in Cary neighborhood
        * Skokie middle school closed after anonymous Instagram threats
        * Emanuel festivals chief defends Taste loss, Great Chicago Fire fizzle
        * Passenger from Liberia moved out of isolation in Chicago; mayor touts handling of case
        * 3 injured in Marquette Park shootings
        * New archbishop will live at Holy Name Cathedral


        * Suspicion lingers over Ebola treatment
        * Judge Orders Court Appointed Monitor For IDOT Hiring
        * 13th Dist. Candidates Talk NAFTA, Ebola During Springfield Debate
        * Attorneys Due In Court For Quinn Hiring Lawsuit
        * Small Campaign Contributions Amount To Chump Change
        * Civic Fed: Lawmakers Once Again Taking Illinois Down Bad Budget Path
        * Cheddar's Leaves Springfield WUIS-SJR Business Report
        * Area Cub Scouts Burned In Explosion
        * Notes On The Final Governor Debate
        * Task Force Hopes To Help Turn Students Into Good Citizens


        * Sun-Times political reporter resigns following Rauner complaint
        * Minimum wage hike supporters urge early voting
        * Federal judge orders court-appointed monitor for IDOT hiring
        * Our Opinion: Choice for Illinois comptroller comes down to experience
        * Rep. Raymond Poe to undergo stem cell transplant
        * Bill Clinton campaigns for Quinn, Durbin
        * Joanna McQuillan Weeks: Cheese balls deserve more respect
        * Our Opinion: White, Madigan for another term
        * Quinn, Rauner spar over jobs, taxes
        * Our Opinion: Say yes to Magro’s project


        * Scott Air Force Base sergeant to appear on Wheel of Fortune
        * Kroner: A celebration fit for a legend
        * St. Clair County Board District 23: Dennis Renner
        * Champaign woman sentenced to 25 years for attempted murder, robbery
        * Monroe County Resident Circuit Judge: Dennis Doyle
        * Company fined $25 million for work-at-home scheme
        * State Representative, 107th District: John Cavaletto
        * Updated: 2 dead in shooting attack at Canada's Parliament
        * Rauner in metro-east: 'Lot of baloney' in IDOT hiring
        * Wayne McClain funeral service


        * Sun-Times reporter quits over paper's handling of story
        * 2 dead in shooting attack at Canada's Parliament
        * Girls volleyball: Scouting the MSL title game
        * CDH proposes $14.2 million expansion of Winfield campus
        * Naperville Water Street developer now aiming for November start

        * Patrick Cannon defense strategy rare but n...
        * Feds fine Jesse Jackson Jr.'s campaign com...
        * Ex-Congressman Jesse Jackson Jr. faces sen...
        * Representative Jan Schakowsky Sends Letter...
        * Rep. candidate pushes to uphold marriage b...
        * Reps. Schakowsky and Waxman Introduce Bill...
        * Statement by Representative Jan Schakowsky...
        * U.S. House Passes Resolution Condemning An...
        * FAA Rejects Call For New O'Hare Noise Stud...
        * Representatives Quigley, Duckworth, Schako...

        * Election 2014: Wide gap on the issues in U......
        * Vice President Joe Biden to campaign for S......
        * Vice President Joe Biden to campaign for S......
        * Vice President Joe Biden to campaign for S......
        * Vice President Joe Biden to campaign for S......

        * Online Marketplace for Sex Led Indiana Ser......

        * Electing school boards.
        * Waukegan update. End the curfew.
        * Stand for Children PAC supports SB16, donates to both Dems and Republicans
        * New Polls: Illinois legislative races
        * Where's Weyermuller? Breakfast with Ted Cruz and Chicago GOP
        * Republicans Crow As Questions Swirl Surrounding Sun-Times' Rauner Endorsement
        * McKinney Leaves The Sun-Times
        * Our America Fund launches new anti-Durbin ad: Cop Killer
        * ‘Jealous’ boyfriend to Obama: ‘Don’t touch my girlfriend’ [video]
        * New poll numbers for Illinois congressional races


        * TV Breaking News: Ethics blow for Pat Quinn
        * Federal judge deals Quinn ethics blow on IDOT patronage hiring
        * Rauner Statement on Federal Hiring Monitor at IDOT
        * New TV Ad: Endorsed
        * Governor Quinn Statement on Positive Economic News - Illinois Led the Midwest in Job Creation in September and Had Second Best Growth in Nation; Unemployment Rate Has Dropped More Than Any Other State in the Last Year




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