Technological advancements coupled with rising commercialization of innovative products expected to fuel growth
April 27, 2016
The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.
According to Navigant Research, annual revenue from energy-efficient HVAC systems will grow from $17.2 billion in 2013 to $33.2 billion by 2020. With ductless systems set to account for nearly 30 percent of all North American energy-efficient HVAC system revenue by 2020, the market for both single- and multi-zone ductless systems is booming.
The current estimate is significantly greater than a previous NREL analysis
April 25, 2016
The analysis reveals a technical potential of 1,118 gigawatts (GW) of capacity and 1,432 terawatt-hours (TWh) of annual energy generation, equivalent to 39 percent of the nation’s electricity sales.
As home-performance contractors spend considerable time sealing air leakage in homes, much of the responsibility of educating homeowners about the benefits of proper ventilation lands on them.
At Jon Wayne Heating and Air Conditioning, we have been offering home-performance services for many years. But, how do we do it, and what exactly are we doing?
The energy and excitement was certainly present among contractors across the nation, and while it has waned for some, many still see great benefits and potential in the home-performance marketplace.
Growing use expected in various applications including the building, home, and industrial sectors
April 5, 2016
Global market revenue for energy management systems stood at $9.87 billion in 2014 and is forecast to reach $35.92 billion by 2024, increasing at a compound annual growth rate (CAGR) of 13.4 percent from 2016 to 2024, according to a report from Transparency Market Research.
A new study conducted by AHRI's Zone Control System Technology product section revealed that bypass-type single-stage cooling zoning systems may positively influence an HVAC system’s EER.
H 3874 provides an income tax credit to any individual or business installing geothermal
March 21, 2016
The law allows a tax credit against the income tax liability of a taxpayer equal to 25 percent of the costs incurred by the taxpayer in the purchase and installation of geothermal machinery in or on a facility in South Carolina and owned by the taxpayer.