It seems every aspect of running an HVAC business has become more expensive this year. HVAC manufacturers increased the cost of their equipment, in some cases by double digits. Gas prices topped $3 in many parts of the country. Prices for basic supplies, like sheet metal and lumber, are reaching historic highs. At some point, HVAC contractors have to pass these costs along to customers.
“We have no choice but to pass it on,” said Phil London, senior account executive for Thermal Concepts Inc. in Davie, Florida. “When you add in the tax and the margin we need, it’s a lot of money. For heavy-duty commercial equipment, it’s considerable.”