HVAC Residential Market - Articles - Page 248

ON THE ROAD AGAIN: According to the U.S. Energy Information Administration, a gallon of gasoline will average $1.89 in 2016 and $1.97 in 2017.

HVAC Contractors Welcome Lower Gasoline Prices this Summer

Drastic measures were taken when prices soared just a few years ago

May 9, 2016

The average price for a gallon of gas in 2012 was $3.68, per the U.S. Energy Information Administration (EIA). Prices averaged $2.43 in 2015 and are expected to maintain similar or lower prices throughout 2016 and into 2017.

EPA Warns Again About Risks of Using R-22a Refrigerant

Agency notes unapproved refrigerant poses risk of fire or explosion

May 5, 2016

The U.S. Environmental Protection Agency (EPA) is cautioning homeowners, HVAC contractors, and service technicians of the safety hazards related to recharging existing home air conditioning systems with a propane-based refrigerant.

ARS Acquires Unique Air Services

Unique Air serves the greater Sarasota area

May 2, 2016

American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.

A 12-ton heat pump system is laid out prior to being sunk into a pond. PHOTO COURTESY OF MARK JOHNSON, HTTP://BIT.LY/MARKJOHNSONGEOTHERMAL2

GEO, CSA Set Geothermal Standard

American, Canadian firms introduce binational ANSI/CSA C448

Jen Anesi

May 2, 2016

As the first of its kind in the U.S., the standard outlines requirements and best practices for geothermal project design, installation, commissioning, and more in the U.S. and Canada.

HVAC Equipment Market to Exceed $125 Billion by 2022

The market for HVAC equipment is highly mature and is expected to exhibit modest growth

May 2, 2016

The global HVAC equipment market is expected to expand at a compound annual growth rate (CAGR) of 5.6 percent from 2015 to 2022, exceeding $125 billion by 2022, according to a new market report published by Credence Research Inc.

Nortek Appoints Biasiotta as COO, Air Management

He brings to Nortek over 25 years of industrial and technology experience

April 29, 2016

Nortek Inc. announced the appointment of Bruno Biasiotta as chief operating officer, air management. In this newly appointed role, Biasiotta will report to Nortek's president and chief executive officer, Michael J. Clarke, and assume responsibility for the Residential & Commercial HVAC and Custom & Commercial Air Solutions businesses.

The ribbon cutting at the Helix innovation center

Emerson Officially Opens Helix Innovation Center

Will develop new technologies that address heating, cooling, and refrigeration challenges

Kyle Gargaro

April 29, 2016

An investment in innovation came to fruition as Emerson officially introduced its $35 million Helix Innovation Center on April 27. The 40,000-square-foot center, located on the University of Dayton campus, will serve as a commercial building controls and HVAC technology lab.

Service World Expo Announces ‘Legends of the Industry’ Presentation

Expo is a new conference, trade show, and networking event for residential contractors

April 27, 2016

The Service World Expo announced HVAC industry icons Ron Smith and Matt Michel will share the podium for a special “Legends of the Industry” presentation at the inaugural Service World Expo, to be held at the Tropicana Hotel, Oct. 26-27, 2016, in Las Vegas.

Modern Mechanical Joins One Hour Heating & Air Conditioning

Company now part of national heating and cooling brand

April 26, 2016

Modern Mechanical has joined forces with One Hour Heating & Air Conditioning® and will eventually be known by the name One Hour Heating & Air Conditioning. Local owners Shawn Mitchell and Pete Danielson will maintain a 100 percent ownership stake in Modern Mechanical.

Daikin Announces Name for New HVAC Campus

The Daikin Texas Technology Park will encompass 4.1 million operational square feet

April 26, 2016

Daikin announced that its new $417 million HVAC campus nearing completion just outside of northwest Houston has officially been named the Daikin Texas Technology Park.