Cash-for-Clunker Rebates for Home Appliances

A $296 million Cash-for-Clunker rebate plan to boost sales of energy-efficient home appliances may give companies such as Whirlpool, GE and Electrolux a glimmer of hope, but it won't be enough to lift them out of their worst down cycle ever.

Beginning late this fall, the U.S. federal program will authorize rebates of roughly $50 to $200 for purchases of high-efficiency appliances that bear the Energy Star seal. The money is part of the broader economic stimulus bill passed earlier this year.

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