Articles Tagged with ''incentives''

With Republicans taking control of the U.S. House of Representatives for at least the next two years, there could be attempts to alter, or even repeal, measures that affect the HVAC industry.

Catch up on the latest headlines in this episode of the ACHR Newsroom.

Heat pumps for both space and water heating will be required in most new homes in the state of Washington beginning next July.

The HVAC industry is pretty excited about all the tax credits and rebates that are being offered currently, so now is the time for contractors to lobby their state’s energy office to make sure that their state is applying for IRA money.

Since President Joe Biden invoked the DPA back in June 2022, HVAC-related energy efficiency incentives and renewable energy technology, have made their way into the spotlight. Many of those who work in the geothermal industry have been “waiting for this day” for decades.

Homeowners looking to add solar, EV chargers, high-efficiency heat pumps, and more will soon have access to numerous tax incentives and rebates. HVAC contractors may want to consider offering more of these products and services.

While the IRA includes tax incentives and rebate programs that should benefit the HVACR industry, some officials are wary of provisions they say could result in auditing hassles — and perhaps increased expenses — for their membership.

Electrification presents a prime opportunity for contractors to deepen their relationships with customers who are looking for gas-fired heating alternatives. But they must first understand how different factors could influence the type of new system needed for an application.

The IRA provides incentives to homeowners looking to replace old equipment that burns fossil fuels with new high-efficiency systems that is powered by renewable energy, and HVAC contractors are needed to install it.

A new $4.3 billion federal rebate program is being touted by HVAC manufacturers and environmentalists alike as a big step toward energy savings and reduced carbon emissions.