State launches $250 cash-for-clunker refrigerator plan

Hawaii launched a federally funded recycling and rebate program on May 24 that will pay consumers $250 to replace old energy-hogging fridges with more efficient new models. Rebates will be available on purchases from 35 retailers statewide until June 23, unless the rebate money runs out sooner.

There is $2.5 million available, enough for about 10,000 rebates. Some retailers are preparing for a rush including Clyde Hamai of Hamai Appliance on Maui. “We hope it will have a good effect, maybe 10 to 20 percent," he said. "If people are wise, and do take advantage of this like they did with cars, it should have a big effect."

The program is modeled after last year's federally funded Cash for Clunkers program that provided rebates to consumers buying more fuel-efficient automobiles. States were free to pick which large appliances would qualify. Local program officials said the fridge rebate will help Hawai'i become more energy independent, boost business for retailers and help consumers save money.