HVAC Commercial Market - Articles - Page 5

Geothermal HVAC System at Louisville Kentucky Airport Terminal

Geothermal Industry Expects a Boom

New Incentives Will Drive Commercial, Homeowner Demand, Experts Say

August 9, 2023

The Inflation Reduction Act’s major incentive for the installation of a qualified geothermal system is a 30% federal clean energy credit, which can be used at filing time to offset taxes owed or add to any refund.

Mitsubishi Electric Trane HVAC US Appoints New CFO, Realigns Leadership Team

July 11, 2023

Andy Kelso was named COO; Shane Lawrence, CFO; Brinnon Williams, vice president of residential business; and David Archer, vice president of commercial business.

Muhammad Ali International Airport Geothermal System

Sizing Sustainability Up

From Canada to Kentucky, buildings open to the public find savings in higher-efficiency HVAC systems

Matt Jachman

June 20, 2023

Prompted by energy-savings and carbon-reduction goals and helped by technological advances, building owners and managers are increasingly asking for sustainable buildings with high-efficiency HVAC systems.

Network Geothermal Offers Long-Term Opportunities for Contractors

Herb Woerpel

May 9, 2023

As network geothermal systems break ground in record numbers, the HVAC contractors responsible for installing and maintaining these systems are met with ample business opportunities.

Trane Axiom™ Horizontal and Vertical Water Source Heat Pumps.png

Trane Product Releases Aim to Help Customers Meet Decarbonization, Efficiency Goals

April 18, 2023

Trane introduces Thermal Battery™ Storage-Source Heat Pump System, Trane/Mitsubishi Electric HVRF, Versatile Axiom™ Water Source Heat Pumps, Next-Generation Precedent® Rooftop Units, and two enhanced air handlers.

Mitsubishi Electric Trane HVAC US to Host Grand Opening Event at Florence, NJ, Training and Distribution Center

April 4, 2023

At 9 a.m. EST on April 26, Mitsubishi Electric Trane HVAC US (METUS) will cut the ribbon on its new Florence, New Jersey, training and distribution center.

Energy Savings, New Technology, Incentives: The Market for Geothermal is Heating Up

With renewed incentives, geothermal heating and cooling systems are now poised to meet the moment

Matt Jachman

March 8, 2023

Though geothermal systems can cost several times more than traditional HVAC units, the energy savings may be substantial.

Homes, Buildings Going Ductless

With newer products, ductless manufacturers are ready for a market boom

Matt Jachman

March 2, 2023

Major manufacturers are betting that ductless HVAC is catching on in the U.S.

OEMs Expect IRA to Boost Sales in 2023

However, inflation, rising interest rates, and a possible recession could dampen growth

Joanna R. Turpin

February 20, 2023

The last two years have been very good for the HVAC industry, thanks to robust demand for new equipment; however, manufacturers worry that inflation, rising interest rates, and a possible recession could dampen growth in 2023.

Building Decarbonization Central to New York State’s Climate Plan

Plan calls for smart HVACR controls, heat pumps, thermal energy networks

Matt Jachman

February 16, 2023

Heat pumps, smart HVACR controls, thermal energy networks, and an increase in the number of energy-efficient buildings are central to the state of New York’s multipronged decarbonization plan.