Following a contentious two-year struggle, the HVACR industry is enthusiastically applauding Congress’ decision to reinstate the federal residential and commercial geothermal heat pump tax credits.
WaterFurnace Intl. Inc. is poised for an exciting year as the manufacturer is preparing to release several new commercial HVAC products, including a modular chiller and rooftop unit as well as a variable-speed, 10- to 15-ton Versatec geothermal heat pump.
The U.S. geothermal heat pump (GHP) industry scored a victory for its workforce and their employers as federal legislation was passed to extend federal tax credits for residential and commercial installations of GHPs. The measure was included in the Continuing Resolution spending bill approved by Congress.