The $8.6 million estimate is based on 57,512 rebate applications received through Wednesday, with the average rebate payout of $150.
Mail-in rebates on approved appliances are $200 for a refrigerator, $100 for a washing machine and up to $50 for a room air conditioner. The program will continue until the rebate money runs out.
Read more here: Cash for Appliances has $20.5 million on hand