The government is considering reviving the Eco-point incentive program for environment-friendly home appliances this winter to encourage power-saving efforts, national policy minister Koichiro Genba said Friday.
The program was introduced in May 2009 as part of an economic stimulus package and ended last March.
Read the rest of the story: Eco-point program may return.
Applications for the ”eco-point” system, which Japan has introduced to stimulate purchases of more energy-efficient electric appliances, totaled around 510,000 in the first month, according to a government tally compiled through Saturday.
The Ministry of Economy, Trade and Industry said the eco-point program has helped to boost sales of flat-panel televisions and refrigerators.
After launching the program on May 15, the government began accepting consumer registrations for eco-points and applications to exchange the points for merchandise, gift coupons and electronic money on July 1.
Under the eco-point system, people who buy designated energy-saving appliances, including air conditioners, between May 15 and March 31 will be eligible for the points, with each eco-point worth roughly one yen.