A shortage of skilled labor is expected to continue. The Housecall Pro survey found that 60% of responding trades professionals said the shortage has impacted their business, and 86% said that their biggest hiring challenge is a lack of qualified candidates.
The New Year is bringing significant changes to the HVACR industry. Manufacturers can no longer produce new R-410A systems, and states are enacting stricter HFC laws. Staying informed is key.
The battle over natural gas is heating up, as courts and voters push back. But environmental groups aren’t backing down and will continue to fight against the use of gas in space and water heating.
Opportunity is knocking for the HVAC industry in the form of consumer rebates offered through the federal Inflation Reduction Act (IRA), and contractors who haven’t planned their approach to leveraging these incentives would be well advised to do so now.
With the election of Donald Trump to President of the United States, the HVAC industry is wondering how this will affect the Inflation Reduction Act incentives.
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Commercial ITC & the Limited-use property Doc allowing 3rd party leasing of commercial geo systems
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