Millennials are price-sensitive, as cost has the greatest influence on their purchase decisions above all other factors, including quality, brand, store, and availability. So, they may not be willing to pay more for the higher efficiency HVAC systems that they claim to want.
For those looking to take energy conservation to the next level, many contractors are encouraging the installation of a combination geothermal heat pump and solar energy system.
Not that long ago, if a conversation centered on heat pumps, it was fairly safe to assume that the equipment referred to ducted, split-system, electric, air-source units. That assumption started to change a few years ago with the growing popularity of ductless heat pumps.
The two day event, which was focused on helping dealers strengthen and grow their businesses, featured presentations on WaterFurnace products, marketing tools, training, financing, and more.
NIBE Industrier AB of Sweden and LSB Industries Inc., Oklahoma City, announced that they have entered into a stock purchase agreement by which NIBE will acquire 100 percent of the outstanding shares of The Climate Control Group Inc. from LSB for a purchase price of $364 million.
By unanimous vote of its directors, the Geothermal Exchange Organization (GEO) has named Joe Parsons of Earthlinked Technologies as its new chairman of the board for 2016-17. He has served on the GEO board of directors since May 2014.
As the first of its kind in the U.S., the standard outlines requirements and best practices for geothermal project design, installation, commissioning, and more in the U.S. and Canada.
Every year, The NEWS introduces the latest cooling equipment available for the upcoming summer season in order to help contractors prepare for this busy period by doing the research that will help them to distinguish between brands. The coverage features specific information about each individual product as submitted by the manufacturers.
The law allows a tax credit against the income tax liability of a taxpayer equal to 25 percent of the costs incurred by the taxpayer in the purchase and installation of geothermal machinery in or on a facility in South Carolina and owned by the taxpayer.
WaterFurnace International Inc., a leading manufacturer of geothermal and water source heat pumps, has announced the return of its SEVENbration savings event for the company’s high-efficiency 7 Series variable capacity geothermal heat pump.