Articles Tagged with ''Price Increases in HVAC''

Class-action lawsuit alleges major HVAC manufacturers coordinated pricing since 2020, in order to drive up the costs of equipment. 

A new wave of geopolitical conflict and economic uncertainty is sending aluminum prices soaring – reshaping costs for the HVAC and sheet metal industries.

Copper prices, after soaring to historic highs, are now sliding back as economic uncertainty and cooling construction demand take hold.

Several OEMs implemented multiple rounds of increases across equipment and parts, while copper-related components and select IAQ products saw higher movement.  

The groundhog saw his shadow, and that means at least six more weeks of increasing prices on HVAC equipment. 

Keeping an eye on financial records is important, but one certain time of the year allows HVAC business owners to view the big picture about profits and price hikes.  

The new year kicks off with a high volume of increases across the board. 

December will be another month of increasing cost pressures. Most changes fall in the 2-8% range, though some brands issued “various” adjustments across product groups. Activity was steady throughout December, with no price reductions reported. 

Homeowners are staring at bigger electricity bills and asking hard questions about heat pumps. Here’s how to explain why higher electric rates don’t automatically mean higher total heating costs.