The move is a reaction to rising refrigerant and overall logistical costs, and the increases will take effect Jan. 1, 2024, a press release from WaterFurnace said.
The residential division at Trane Technologies announced that some prices will go up by as much as 5% while others will decrease or remain unchanged. The adjustments take effect in January.
Lennox said presistent inflationary pressures have prompted it to plan to hike prices on commercial equipment and accessories. The increases take effect in January.
While HVACR contractors might not be charging a typical visit fee, many of them charge fees when a certain amount of work is done by the tech. Whether or not the customer is okay with that, all depends on the person.
A recent survey conducted by ClearSeas Research and The ACHR NEWS revealed that 71% of homeowners are more likely to call an HVAC contractor that includes pricing on its website.
In order for HVAC contractors to start offering financing if they aren’t already, they have to take the time find the right lender/finance company, train their staff, and invest in understanding what it means for their customers and their company in order to make it profitable enough to outweigh any associated costs.