The residential heating showcase is designed to help HVAC contractors learn about the new heating equipment that is available for the upcoming cooler months.
Homeowner demand for heat pumps has reached an all-time high and is expected to continue growing as technology evolves to bring year-round effective temperature control to even the coldest climates in North America.
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.
As the U.S. moves toward electrification, heat pumps are becoming more popular, which will likely increase sales in the coming years. The key is to know which type of heat pump will work best for an application, as there is a wide range of equipment from which to choose.
Since President Joe Biden invoked the DPA back in June 2022, HVAC-related energy efficiency incentives and renewable energy technology, have made their way into the spotlight. Many of those who work in the geothermal industry have been “waiting for this day” for decades.