HARDI released its 2012 HARDI Profit Report and according to the association, the report shows how a typical HVAC distributor can likely reach the same level as a high-profit firm by paying close attention to four critical profit variables. What are they?
Heating, Air-conditioning and Refrigeration Distributors International (HARDI) announced average U.S. HVACR distributor sales were up 17.9 percent in May 2012. This is the highest month-over-month growth since November 2010, when the looming $1,500 federal tax credit expiration pulled sales forward.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) announced U.S. HVACR average distributor sales for April 2012 were up 8.3 percent.
HARDI recently presented its 2012 HVACR market forecast, which marks the association's initiative to expand on last year's forecast for residential cooling equipment to include heating, refrigeration, and commercial products and markets.
Tax credits and their effect on the HVACR distribution industry were at one time an increasingly hot topic. Concerns about tax credit expiration and what that would mean for the industry kept CEOs and business owners busy. While the industry did have to adjust to a drastically reduced federal tax credit in 2011, one source of funding to promote energy-efficient HVAC systems did not decline: rebates offered by energy-efficiency programs. A study commissioned by the HARDI Foundation and conducted by the Vermont Energy Investment Corp. (VEIC) found that HVAC distributors can play an extremely important role in the support of those programs.