There are no estimates as to how many new jobs this program would create. But overall for $1 billion spent on infrastructure approximately 28,500 direct and indirect jobs are created. The proposed cash for claukers program is estimated to be approximately for $10 billion and hence can create as many as a quarter million jobs.

Also the program is expected to be conducted from state offices, at least in New York and the 27 other states that have similar programs running. This will ensure that the money is distributed properly and jobs are created as these agencies already have protocols and distribution channels for such programs in place.

However there is no incentive expected in the cash for claunkers program for do-it-yourselfers segment also called the DIY segment. Even in the New York plan homeowners were required to hire a contractor to qualify for the reimbursement which in a way is good. If not done professionally energy upgrades can make the home too stuffy which can lead to rot or air contamination.

For certain energy efficient appliances however DIY-ers still can take discounts. The level of discount can be however be different by state, type of appliance, and level of efficiency. For instance consumers can get $50 to $105 discounts on refrigerators and freezers, dishwashers, and washing machines and dryers in New York.

There are still many other concerns and issues that have to be addressed before the program is implemented. There are concerns that if homeowners make the payment of all the costs at the beginning then they will not be able to take the maximum benefit from the program. Instead of waiting to get reimbursement homeowners can instead take a low interest loan.

Fraud is another concern particularly for a program which is expected to be at such a large scale. There needs to be proper checks and balances to make sure that the program is not misused. One way would be making sure that all the participating contractors are licensed through a third party certification program like the Building Performance Institute(BPI). BPI will make sure that there are no frauds and the energy efficient appliances are installed by making random checks of contractors books and audit of homes before and after the work is done. Also the BPI will help prevent the homeowners from being fooled by ensuring that the contractors are not selling consumer appliances that are not needed.

In conclusion it is just matter of time that the final blueprint of cash for claunkers program is ready and announced. The program definitely promises good discounts and rebates for homeowners who are ready to install energy efficient options in their home. So if you want to refurnish your home or change your appliances we suggest that if possible hold on for some time. After the program is announced and rolled out you can get good discounts and rebates for refurnishing your home.

Read more at: A Small Preview Of The Cash For Caulkers Program-Part I