In exactly one year (365 days), the world of television will be blacked out forever for viewers with analog sets in the US. Fortunately, however, the National Telecommunications and Information Administration agency is overseeing the $1.5 billion coupon program to subsidize converter-box costs, estimated to run between $40 and $70. The agency announced Friday that it will begin mailing out $40 coupons this week to consumers to help pay for converter boxes that will save their analog sets from becoming obsolete. The process of switching from analog to digital signal is now taking part in most European countries as well.

More than 9,700 stores, including those operated by Wal-Mart Stores Inc., Best Buy Co. Inc., Circuit City Stores Inc., Target Corp. and RadioShack Corp., will be selling the special equipment in all 50 states, Puerto Rico and the U.S. Virgin Islands. Consumers have 90 days to use the coupons, which resemble plastic gift cards, or they expire. Every household, regardless of whether it needs a box, is eligible to receive two coupons. Initially, $990 million will be used to pay for coupons and cover administrative costs, which are capped at $110 million. An additional $510 million could be allocated, but those coupons are reserved for households that only have over-the-air television. Consumers can apply online at dtv2009.gov.

Source: Neowin