The Fair Labor Standards Act requires employers to pay employees a minimum wage for all hours worked and a time-and-a-half overtime rate for all hours worked over 40 in a work week. However, it provides certain exemptions.
A new $4.3 billion federal rebate program is being touted by HVAC manufacturers and environmentalists alike as a big step toward energy savings and reduced carbon emissions.
The recent Inflation Reduction Act, along with the Infrastructure Investment and Jobs Act (IIJA) from last year, provide more than $25 billion for programs and tax incentives for home energy upgrades.
The California Air Resources Board unanimously voted to approve a proposal that would eliminate the sale of gas-powered furnaces and water heating appliances by 2030.
The Kigali Amendment, already agreed to by more than 130 other countries, was ratified by the U.S. Senate on a bipartisan vote, 69-27, on September 21.
The HVAC industry is preparing for increased interest in high-efficiency products, such as variable-speed compressors and heat pumps, following the passage of the federal Inflation Reduction Act.
Under the new energy efficiency standards, the minimum efficiency of residential equipment will increase approximately 7%, or the equivalent of 1 SEER point. So what should contractors be doing to prepare?