The increase on residential products will be by a blended average of 6%, the increase on light commercial products will be by a blended average of 8%, and the increase on commercial applied products will be by a blended average of 10%.
The move is a reaction to rising refrigerant and overall logistical costs, and the increases will take effect Jan. 1, 2024, a press release from WaterFurnace said.
The residential division at Trane Technologies announced that some prices will go up by as much as 5% while others will decrease or remain unchanged. The adjustments take effect in January.
Lennox said presistent inflationary pressures have prompted it to plan to hike prices on commercial equipment and accessories. The increases take effect in January.