HVAC Residential Market

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Traditionally, the approach of winter means a rise in fuel prices along with a steep drop in temperatures, but this year is looking to defy those expectations. Heating oil prices have fallen in several states. According to the U.S. Energy Information Association (EIA), those price drops are the beginning of a long-term trend rather than a short-term reprieve.

The 30 percent federal tax credit for residential geothermal heating and cooling installations (as well as solar and wind) is set to expire at the end of 2016. This is an irrefutable fact, but everything else surrounding the tax credit remains in a state that is best described as limbo.

Leading manufacturers are creating and following trends at a pace even Vin Diesel would struggle to keep up with while also crafting products that showcase the innovation present all over the marketplace.

Manufacturers are finding unique ways to advance the technology in this segment of the HVAC industry while also being consumer-conscious and ensuring the first-cost barrier that has restricted the market’s growth in the past is chipped away.

At a time when there are so many new possibilities for water-based heating and cooling — and with a giant helping of new technology at every facet of the playing field — we’re losing the very essence of what’s needed most: a new generation of energetic, inspired young trade pros.

Let your company, every employee, and your website be a mirror held up so the customer can see himself. It’ll reflect nicely upon you and your profits.

Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
 

The York LX Series TM8Y and TM9Y residential gas furnaces from Johnson Controls combine two-stage heating with the efficiency of a standard electronically commutated motor (ECM). 

A new, national program from Carrier and Orca Energy, a leading geothermal utility provider, is designed to makes geothermal heating and cooling more accessible in new construction homes. Orca Energy will provide financing for geothermal earth loops in new residential developments with the purchase of a Carrier geothermal system.

Bosch Thermotechnology Corp., a division of Robert Bosch North America, announced that Oct. 20, 2015 is National Geothermal Day in recognition of the geothermal heating and cooling industry in the U.S. The recognition day comes as part of National Energy Month.