Barring an act of Congress, the 30 percent federal tax credit for residential geothermal heat pump (GHP) systems will expire at the end of 2016. The industry is worried about what that means for the future.
Heat pump market to remain largest segment in terms of value
July 20, 2015
Lucintel forecasts that the U.S. HVAC equipment market is expected to depict a high growth during 2015-2020. The heat pump market will remain the largest segment in terms of value during the forecast period.
Many would like to see HVAC manufacturers demand proof from their dealers that systems have been installed and serviced correctly. But, commissioning takes time and costs money for all parties involved.