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Cash In on Appliance Savings
Don’t miss out on your chance to cash in on appliance savings. The program is expected to begin in California in early spring. It’s worth keeping an eye on the California Energy Commission’s website for up to the minute announcement.
If you are thinking about upgrading appliances, you might want to wait until the Cash for Clunkers for Appliances money is released. It’s important not to wait for too long though because once the $35.2 million allotment is gone, it’s over.
Three residential appliance categories will be eligible to receive rebates: clothes washers (proposed rebate $100), refrigerators (proposed rebate $75), and room air conditioners (proposed rebate $50). This can be a great time to save even more than is available with sale prices.
Many California utilities, as well as appliance manufacturers offer additional rebates or incentives. The Flex Your Power website lists 155 incentives for the “residential sector” just in the 93561 zip code.
More Savings on the Horizon
In addition to the appliance incentives, President Obama has also proposed a “Cash for Caulkers” program. This would provide up to $12,000 per homeowner. You can read about the proposal here. For the tongue-in-cheek approach as only Jon Stewart can deliver it, you can check out the Daily Show’s Most Immature Montage Ever.
Keep watching to take advantage of the chance to save some money.
- Home sales in California hit bottom more than two years, and the median home price of an existing, single-family home reached its trough in February, according to data collected by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). In November, the state’s median home price rose in year-to-year comparisons for the first time since August 2007.
- C.A.R.’s closely watched “2010 California Housing Market Forecast,” projects that the median home price in California will rise 3.3 percent to $280,000 in 2010 compared with a projected median of $271,000 in 2009.
- Some economists are forecasting another surge of foreclosures in 2010. However, C.A.R.’s economists expect that foreclosures will remain flat this year compared with 2009. In 2008, many lenders flooded the market with foreclosures, and as a result, the state’s median price declined by historic levels. By comparison, in 2009, lenders listed properties for sale at a more measured pace, which helped moderate another home price decline.
- Government efforts to maintain a low interest rate environment have stabilized the market. However, a mortgage analyst at a financial publishing company predicts that rates likely will rise to 5.5 percent by mid-2010 and close the year at 5.75 percent to 6 percent.
New year, new batteries, new water filters.
There are lots of things you can do on New Year’s day. Consider going for a nature walk, starting (or finishing) a project, park in front of the TV and watch football, etc. I started a tradition a few years ago that I wanted to share with everyone else.
Do things that are time sensitive. What kind of things? How about changing water filters and batteries? How many of these need to be changed depends on your circumstances. Do you have any or all of these?
- whole house water filter
- a reverse osmosis system
- a filtered water pitcher
- smoke detectors
- CO2 detectors
How often are changes required? That depends on the item. Some only require a change once a year, some may need a change monthly, bimonthly or on some other schedule. For example, most reverse osmosis filters only need to be changed once a year, but the filter in my water pitcher needs to be changed bimonthly.
Smoke detector batteries need to be changed annually. The conventional advice has been to change smoke detector batteries twice a year. I don’t believe it’s necessary to do it that often. Modern batteries have a very long shelf life. In fact, I could never bring my self to schedule it for twice a year, so it never used to get done on a schedule at all.
Startled from sleep by a shrieking smoke detector at 3:00 am is not the best time to deal with maintenance! I didn’t need to learn that lesson too many times before I decided to get it on a schedule.
The easiest schedule to remember is January 1. New year, new batteries, new water filters. Give it a try. You may decide to make this your tradition too. Let me know how it works out for you.