Appliance rebate has been big so far
Sears saw heavy traffic Monday
The response to the Trade-In and Save Appliance Rebate Program was overwhelming and right in the middle of all the chaos was Rosemount's Hometown Sears Store.
Nick Kressman , store owner, said the response to the program created heavy traffic in the store Monday and he anticipates he will continue to see increased sales over the next several weeks as more people come into to use their claimed rebates.
"We had heavy, heavy traffic Monday. A lot of people seemed interested in the program," said Kressman.
The program, which launched Monday, was funded with more than $5 million in federal stimulus funds. The program enabled more than 25,000 Minnesota households to earn up to $200 for replacing their refrigerator, freezer, dishwasher or clothes washer with a qualifying ENERGY STAR model.
According to the Minnesota Department of Commerce all of the rebates for clothes washers and dishwashers were gone by Monday evening and for refrigerators by early Tuesday morning.
Residents who received the rebates have until March 31 to use the money. If they don't the money will be released and go to the next person on the waiting list. According to the department of commerce web site there are more than 10,000 names on the waiting list.
The rush to get the rebates caused phone lines and the program's web site to go down for a few hours on Monday. Kressman said it was hard to get through but that most of his customers were able to get what they wanted.
Kressman said the rebate definitely stimulated businesses for the store, at least temporarily. He said the program led people to buy nicer products than they might have without it.
The Trade-in & Save Appliance Rebate Program, part of the American Recovery and Reinvestment Act, is expected to save more than 2.2 million kilowatt hours in electricity, almost 44 million gallons of water and more than 4.7 million pounds of carbon annually according to the department of commerce web site.