Price increases and inventory challenges are not going anywhere, so HVAC companies need to focus on transport, inventory, training, and communication as 2023 approaches.

The cost of everything from groceries to used cars continues to climb, and the HVAC industry hasn’t been spared from price increases either. So what is causing these price increases?

Major U.S. retailers were caught with too much inventory and were being forced to heavily discount to liquidate it. This was the result of the Bullwhip Effect.

Carrier announced it will provide Oklahoma Gas & Electric (OG&E) with its ComfortChoice® thermostat for the utility’s energy demand management program. The thermostats will be used by OG&E for its SmartHours® program, which is looking to reduce peak demand for electricity.

REGEN Energy has announced the appointment of Pete Malcolm as president and chief executive officer. Malcolm brings over 30 years of experience in the software industry, during which time he was named as inventor on over 150 patent applications in over 20 countries.

CALMAC, a supplier of ice energy storage systems, congratulated the New York State Energy Research and Development Authority (NYSERDA) and Con Edison for partnering on a new demand management program that encourages New Yorkers to install thermal energy storage and other energy load shifting technologies.

Blue Line Innovations, makers of the PowerCost Monitor™, and Eragy, a leading provider of energy management software applications and services, have announced a strategic partnership for delivering home energy management solutions.

Designed to reduce a business’s electric bill, the Demand Limiting Controller (DLC) attacks the three charges for electricity: demand, peak rate, and use.