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.
In response to the shift toward low-GWP refrigerants, several manufacturers have introduced convertible coils that are designed to operate with multiple refrigerants.
Nearly 1.1 million fewer air-source heat pumps and central a/c units were shipped in the U.S. this year, through September, than were shipped during the first nine months of 2024.
New Jersey-based Triangle Tube closed abruptly on November 3, but the company website says the voluntary recall of approximately 67,500 boilers will not be affected.
Commercial demand for HVAC equipment grew in Q3, while residential sales fell, due to consumer uncertainty, cooler weather, and the lingering effects of the refrigerant transition.