The HVAC Expensing and Technology (HEAT) Act, HR 3515, which was recently introduced by Reps. Pat Tiberi, R-Ohio, and Ron Kind, D-Wis., includes provisions that will allow commercial building owners to expense qualified HVAC equipment.
On Dec. 31, 2016, the 30 percent residential and 10 percent commercial federal tax credits for geothermal heat pumps expired while credits for solar and wind were extended.
Energy Star certification is an important distinction for HVAC manufacturers’ products to achieve. The designation recognizes highly efficient performance, and 2017’s list of the most efficient boilers delivers a bevy of products from a wide range of manufacturers.
HR 1090 — The Technologies for Energy Security Act of 2017 — introduced by Rep. Tom Reed, R-N.Y., would correct a congressional oversight in late-2015 that extended tax credits for solar and wind but left behind “orphaned” technologies, like geothermal heat pumps, fuel cells, microturbines, small wind, and combined heat and power (CHP) when their credits expired Jan. 1 of this year. The Reed bill currently boasts 108 cosponsors, 59 of which are Republicans.
Four decades of involvement with distributors and their customer bases reveals that most contractors aren’t taking full advantage of everything their favorite distributors can offer. If you do, it will mean more cash to your bottom line.
While the equipment tonnage is often quoted on proposals, how can you be sure the equipment’s potential is really being achieved? Is it possible your installation practices are contributing to lost cooling efficiency? Let’s look at what causes lost tonnage and how you can ensure it’s not happening because of your company.
Packard Inc. told its employees on Aug. 25 that it had become the first master distributor in the HVACR industry to adopt an employee stock ownership plan (ESOP). The purpose of an ESOP is to enable eligible employees to share in the growth and prosperity of the company, accumulate capital for their future economic security, and acquire beneficial stock ownership interests in the company.
The NEWS’ Best Instructor and Trainer contest aims to shine a spotlight on the best teachers and advisors across the HVACR industry, and this year was no different as one of the industry’s true workhorses, Ed Brink, division manager, technical training, Meier Supply Co., was honored as the nation’s Best Trainer contest winner.
Joe Carone, an instructor for the Sheet Metal, Air, Rail, and Transportation Workers (SMART) Local 265, in Carol Stream, Illinois, was chosen as The NEWS’ 2017 Best Instructor.