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?
The ordinance includes all new construction, except for building additions and remodeling projects. Developers, builders, and owners of new structures must find alternatives to natural gas.