HARDI recently presented its 2012 HVACR market forecast, which marks the association's initiative to expand on last year's forecast for residential cooling equipment to include heating, refrigeration, and commercial products and markets.
Tax credits and their effect on the HVACR distribution industry were at one time an increasingly hot topic. Concerns about tax credit expiration and what that would mean for the industry kept CEOs and business owners busy. While the industry did have to adjust to a drastically reduced federal tax credit in 2011, one source of funding to promote energy-efficient HVAC systems did not decline: rebates offered by energy-efficiency programs. A study commissioned by the HARDI Foundation and conducted by the Vermont Energy Investment Corp. (VEIC) found that HVAC distributors can play an extremely important role in the support of those programs.