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Home » Topics » News

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August 14, 2023 HVAC Minute

Contractors Not Offering Financing Likely Losing Business

An HVAC Minute Video Update: August 14, 2023
Hannah Belloli
Hannah Belloli-Oster
August 14, 2023
In order for HVAC contractors to start offering financing if they aren’t already, they have to take the time find the right lender/finance company, train their staff, and invest in understanding what it means for their customers and their company in order to make it profitable enough to outweigh any associated costs.
Read More
Owner Financing

Tight Money Economy: Is It Time for HVAC Owners to Consider Financing?

Through financing, you may be able to sell your business for more money
Patrick-Lange
Patrick Lange
August 13, 2023
If you’re thinking about selling your business within the next year, interest rates will have a definite impact on the number of buyers who will be able to offer top dollar for your company.
Read More
Facts + Figures: AHRI Shipment Data

Facts + Figures: AHRI Shipment Data for May 2023

August 12, 2023
Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
Read More
Homeowners and HVAC

Survey: Only 30% of Americans Schedule Preventive Maintenance for Their HVAC Systems

But 60% would follow a technician they trusted to a new firm, the study reveals
Hannah Belloli
Hannah Belloli-Oster
August 11, 2023
Homeowners lack an understanding of their HVAC system, and they don’t regularly maintain them. It’s up to contractors to educate them on why it’s important.
Read More
Money

HVAC Contractors Are Eligible for the Employee Retention Credit

HVAC contractors can still apply for federal pandemic relief money for 2020, 2021
Matt Jachman
Matt Jachman
August 10, 2023
Guidelines have changed several times since the program began. Eligibility was expanded, and the credit amounts increased.
Read More
Supermarket Yogurt Cooler

Crafting An Effective Refrigerant Management Plan

Regulatory mandates mean food retailers must carefully measure and track refrigerant use
Joanna Turpin
Joanna R. Turpin
August 10, 2023

At a recent GreenChill webinar, the experts from DC Engineering provided insights on how to create a strategic leak reduction and refrigerant management plan.


Read More
Sensi Smart Homes

Best Practices for Easing Security Concerns Around Smart HVAC

User awareness “critical” to cybersecurity; HVAC contractors can lay the groundwork during install
Hannah Belloli
Hannah Belloli-Oster
August 9, 2023
In order to ease customers’ security concerns, HVACR contractors need to understand them, partner with manufacturers who prioritize data security, and implement cybersecurity best practices.
Read More
Geothermal HVAC System at Louisville Kentucky Airport Terminal

Geothermal Industry Expects a Boom

New Incentives Will Drive Commercial, Homeowner Demand, Experts Say
Matt Jachman
Matt Jachman
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.
Read More
Make a Deal

Three Tools for Territory Managers

Because of the emphasis on products and programs, training on how to manage a territory is often given short shrift
Matt Michel
Matt Michel
August 8, 2023
Some of the most important and underappreciated people in the industry are the manufacturer territory managers.
Read More
Infrastructure Construction

Building Assessments Provide a Prosperous Path for Contractors

While every building verification tool differs in its approach, each offers contractors an opportunity to pursue guaranteed revenue
Herb 2018
Herb Woerpel
August 8, 2023
Building vertifications serve as environmental and sustainability badges of honor, demonstrating excellence not only for the facilities but the contractors twisting the wrenches as well.
Read More
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    Residential Tax Credits Are Ending, But Demand Continues

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    Energy Prices, Inflation, and HVAC: What Today’s Homeowners Care About

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