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Home » Topics » Topics » HVAC Commercial Market

HVAC Commercial Market
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Comfort Systems USA Increases Stock Repurchase Program

The share repurchases will be made from time to time at the company’s discretion
August 29, 2016

Comfort Systems USA Inc., a leading provider of commercial, industrial, and institutional HVAC services, announced that its board of directors has approved an amendment to the company’s stock repurchase program to increase the shares authorized and remaining as available to purchase back up to 1 million shares.


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Residential geothermal applications in urban areas are becoming more popular, due in part to advances in loop-field design.

Geothermal Advancements Just Breaking the Surface

GHPs are more efficient and connected than ever, but some barriers to its adoption remain
Jen Anesi Headshot
Jen Anesi
August 29, 2016

Because it uses the earth as a free heat source or heat sink, geothermal is inherently a highly efficient technology that can help homeowners and building owners save a significant amount of energy and money. And, as advances in technology continue to improve the efficiency and controls of these units, the industry is concurrently investigating ways to make geothermal an affordable option for all.


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The Internet of Things (IoT) expands beyond just the realm of HVAC and is relevant to appliances and products throughout the entirety of a residential space.

HVAC Proves It’s Ready for the IoT

IoT spending will reach $1.7 trillion in 2020
Kostora
Nick Kostora
August 29, 2016

While most studies insist IoT technologies are on the cusp of becoming mainstream, the question remains: Is the HVAC industry truly ready to embrace the IoT, or is there a sense of trepidation and concern regarding the technology’s staying power and long-term viability?


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The election cycle, when coupled with an extremely compressed Congressional calendar, makes it extremely unlikely the credits will be extended before the election.

Geo Industry Advocates for Lame-duck Tax Credit Extensions

Many are hopeful the commercial and residential tax credits will be extended in the lame-duck session
Jen Anesi Headshot
Jen Anesi
August 29, 2016

For the past decade, those in the geothermal heating and cooling industry have benefited from two tax credits that incentivize residential and commercial geothermal installations. But both of these tax credits are four months away from expiring, and all efforts to extend them have failed thus far.


Read More
Numerous training and certification resources are available to geothermal HVAC contractors across the U.S. covering everything from system design and installation to inspection.

Geothermal Training Involves Entire Supply Chain

Organizations, manufacturers, distributors, and contractors collaborate for quality installations
Jen Anesi Headshot
Jen Anesi
August 29, 2016

Geothermal manufacturers, distributors, and organizations like the International Ground Source Heat Pump Association (IGSHPA) have stepped up their training efforts to ensure HVACR contractors are installing and servicing geothermal equipment to the highest standard.


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Energy-Efficient Building Market to Grow at 9.6% CAGR to 2020

Rising energy prices will be a key trend for market growth
August 29, 2016

The global energy-efficient building market is projected to grow at a compound annual growth rate (CAGR) of 9.6 percent during the forecast period of 2016 to 2020, according to a report from Sandler Research.


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SPX Cooling Technologies Inc.: Cooling Tower

SPX Cooling Technologies Inc.: Cooling Tower

August 29, 2016

This crossflow evaporative cooling system features a unique design that minimizes piping and electrical connections to reduce installation costs. 


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HTS New England to Merge with Stebbins-Duffy

The combined business will serve as the exclusive Daikin equipment sales representative in the region
August 26, 2016

HTS New England, the New England division of one of the largest independent commercial HVAC manufacturers’ representatives in North America, announced plans to merge operations with Stebbins-Duffy.


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Report Identifies Key Trends Driving Commercial Air Conditioning Market

Includes integration with IoT, emergence of smart technology, preference for interoperability
August 26, 2016

The latest report on the global commercial air conditioning market from Technavio provides an analysis of the top three emerging trends expected to impact the market outlook from 2016 to 2020.


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US Army Reaches $1 Billion in Energy-saving Projects

Army has contracted for 127 individual projects, or task orders, totaling $1.015 billion
August 25, 2016

The U.S. Army announced it has surpassed the $1 billion mark in energy savings performance contracts and utility energy services contracts in less than five years. This is in response to President Obama’s challenge to all federal agencies to achieve a total investment of $4 billion before the end of 2016.


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