HVAC Breaking News

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To make it easier for homeowners to secure affordable loans for energy efficiency improvements, three complementary organizations are joining forces: Conservation Services Group (CSG), CUNA Strategic Services (CSS), and LendKey.

First introduced in the late 2000s, smart thermostat technology has only recently gained real traction among customers, says Navigant Research. During the last year, the market for communicating and smart thermostats has expanded rapidly, with new offerings from several high-profile providers.

The Geothermal Exchange Organization (GEO) announced that it is actively supporting “tax extenders bills” that are now under consideration by the U.S. House of Representatives and in the U.S. Senate. The bills would reinstate and extend several tax incentives for geothermal heat pumps that expired last year.

Toshiba Corp. and United Technologies Corp. announced that they have entered into an agreement to strengthen the strategic collaboration between the two companies through their joint venture, Toshiba Carrier Corp. (TCC).

The U.S. Environmental Protection Agency (EPA) has announced its final phase down schedule regarding production and importation of HCFC-22 refrigerant. It calls for an immediate drop come this Jan. 1 from 51 million pounds allowed in 2014 to 22 million pounds in 2015.

Financeit, a point-of-sale consumer financing platform for small businesses, announced that it has launched in the United States. The company said it fills a gap in the existing lending market, as smaller businesses including contractors have traditionally not had access to the same low interest purchase financing options as big box stores.

Rinnai has introduced a tankless water heater that allows for concentric or twin-pipe PVC venting from the same unit. The new Ultra Series condensing tankless water heater models RUC98i and RUC80i feature a built-in system that allows maximum flexibility for installers and dealers.

The U.S Department of Energy (DOE) has announced nearly $8 million to support research and development of next generation HVAC technologies. The R&D will focus on regionally appropriate HVAC solutions that offer significant potential energy savings, and approaches that could replace current vapor compression HVAC technologies.

Lochinvar has announced the opening of its 2014-2015 VIP Contractor Program. The program offers participating contractors numerous ways to earn prizes for installing Lochinvar residential boilers.

Camfil Air Pollution Control (APC), a global manufacturer of dust, fume, and mist collection equipment, announced that Alan O’Connell has been appointed executive vice president in charge of worldwide operations.