This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies By closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
Leasing of home comfort systems is a growing industry trend. Contractors should explore the following five key topics before signing on the dotted line.
The HVAC industry is often influenced by the economy and how well the new construction and service and replacement markets are doing. However, there is another growing sector within the industry: the HVAC rental market.
The global HVAC rental equipment market is predicted to reach $4.63 billion by 2020, growing at a compound annual growth rate (CAGR) of about 8 percent, according to the latest market study released by Technavio.
Aggreko, a global provider of modular, mobile power and related solutions, has entered into an agreement to acquire substantially all of the assets of the equipment rental business of ICS Group Inc., a provider of portable climate control services in Canada.
Direct Energy®, one of North America’s leading energy, commercial retail energy, and energy-related services providers, announced it has entered into an agreement to acquire all the assets of an appliance rental company based in the northeast United States for $4.5 million.
Dynamic Systems Inc. has announced the addition of a rental option to its Checkmate tool and equipment tracking software offering. Based on barcode technology, CheckMate records where the item is, who has it, and when it is due back.
Reliance Comfort Limited Partnership (Reliance Home Comfort) has entered into an agreement to purchase the shares of National Energy Corp. (which operates under the name National Home Services) for $505 million from Just Energy Group Inc.
United Rentals Inc. announced that it has acquired the power and HVAC rental assets of Blue-Stream Services LLC, a provider of equipment rental services in the Gulf region.
Lifting Gear Hire (LGH) announced that its Houston warehouse has been relocated to a new facility. The company said the new warehouse, located at 305 Deerwood Glen Drive, Deer Park, Texas, will help LGH provide faster equipment rental turnaround times for customers in and around the Houston area.