Converter Coupons Going Fast

The Commerce Department’s National Telecommunications and Information Administration (NTIA) recently announced that the largest consumer electronics retailers (Best Buy, Circuit City, Kmart, RadioShack, Sam's Club, Sears, Target, and Wal-Mart) will participate in the TV Converter Box Coupon Program along with more than 100 other retailers, representing more than 14,000 stores throughout the nation.

Thus far more than 500,000 people have requested more than 1 million $40 coupons toward the purchase of converters in the first 40 hours of the program. (Request yours here).

The requests are coming from every state via online and phone orders. Almost all were applying for the maximum two coupons per household.

The NTIA was given enough money by Congress to subsidize a total of 33.5 million coupons.

During the ordering process requesters are told that the coupons will not be mailed until Feb. 17, 2008.