Faced with potentially lofty repair bills, homeowners must decide whether to repair or replace their condensing units, which is not an easy decision.

The condensing unit market is on the rise. According to a report published by MarketsandMarkets, the global condensing unit market is forecast to reach $23.31 billion by 2021, growing at a compound annual growth rate (CAGR) of 11.1 percent from 2016 to 2021. And there are a number of trends contributing to this growth.

While I suspect that selling a home can be quite arduous, selling a business must be much more challenging. The entire process can take up to three years if the owner is not prepared, according to Bill Pulte, CEO, Pulte Capital Partners LLC.

There’s nothing consumers love more than a deal. Find a way for them to save money, or even get more for their money, and they’re putty in your hands. This is why rebate programs can be such useful tools for home-performance contractors. Over the past few years, however, contractors have observed that rebate programs are diminishing or disappearing altogether.

EGIA works closely with utility companies and the government on their energy-efficiency and renewable energy programs and manages one of the largest energy-efficiency financing programs in the country. In fact, EGIA has facilitated the financing of more than 200,000 residential and business projects valued in excess of $2.5 billion and administered over $750 million in rebate payments.

In March, Trump released his preliminary 2018 budget proposal detailing several changes to the way the federal government spends money. The U.S. Environmental Protection Agency (EPA) is one of many government departments being targeted.

Though consumers are becoming more familiar with IAQ, it’s important for HVAC contractors to facilitate conversations that focus on indoor environmental problems and solutions and then let them make their own decisions.

As consumers become better educated about IAQ, the need for humidification and dehumidification — and the comfort solutions they provide — has increased. According to RnR Market Research, the global market for humidifiers is expected to surpass $1 billion by 2019. Another study, conducted by Grand View Research Inc., states the global dehumidifier market is expected to reach $3.54 billion by 2022.

Mold can be found everywhere, both indoors and outdoors. However, it’s usually not a problem until it begins growing indoors. According to the Centers for Disease Control and Prevention, exposure to mold can cause a number of health effects and symptoms, including allergic reactions, asthma, and other respiratory complaints. Mold can be a serious issue if left untreated, which is perhaps one of the reasons most HVAC contractors tend to avoid it.