U.S. heating demand climbs 12% in December
The number of December Heating Degree Days jumped 12 percent compared to 2023, according to data from the National Weather Service
Carrier to train 100,000 technicians
Carrier on Monday announced a new initiative to hire 1,000 service technicians and train an additional 100,000
The IRS is requiring homeowners to include a PIN for each piece of qualifying equipment installed starting this year to claim a tax credit
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Economy
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U.S. heating demand climbs 12% in December
The number of December Heating Degree Days jumped 12 percent compared to 2023, according to data from the National Weather Service
Carrier to train 100,000 technicians
Carrier on Monday announced a new initiative to hire 1,000 service technicians and train an additional 100,000
HVAC shipments soar 55% in November
The increase marks eight consecutive months of growth and puts year-to-date shipments 11 percent above 2023
$13 billion HVAC disruption averted in port deal
An agreement was reached on Wednesday, preventing a port strike that could have impacted roughly $13 billion worth of HVAC goods
Legal
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New PIN rule hits HVAC tax credit: What to know
The IRS is requiring homeowners to include a PIN for each piece of qualifying equipment installed starting this year to claim a tax credit
HVAC incentives look resilient as Trump, Congress target the IRA
The HVAC-specific incentives of the Inflation Reduction Act stand among the most likely parts to survive, according to policy experts
AHRI calls on industry to protect HVAC tax credit
The incoming Congress is considering eliminating certain tax credits, including the industry-favored 25C credit, to pay for a tax bill
Court suspends reporting requirements for small businesses
The law, known as the Corporate Transparency Act (CTA), would have affected 32 million businesses nationwide
M&A
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HVAC investors eye M&A uptick in 2025
Following a period of high interest rates and economic uncertainty, the HVAC investor community is optimistic about this year
Rheem parent to buy Fujitsu’s HVAC business for $1.6 billion
The deal marks the third major OEM acquisition announced in the past six months
Our most-read stories of December
M&A, international expansion, and what’s next for the HFC phasedown
Apex Service Partners acquires technology company
The nation's largest residential HVAC consolidator has acquired three-year-old tech company HomeBreeze
Management
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Non-Google channels led Q4 average tickets, analysis shows
Customers acquired through Bing and Facebook ads outspent those acquired through Google in late 2024, according to an analysis
The FTC banned fake, deceptive reviews. Here’s what it means for contractors
As of October 2024, "purchasing" fake reviews by offering customers discounts is banned, along with a few similar practices
Our 2025 Plan
A peek at some of our plans for the new year
Our most-read stories of November
M&A, going public, and what's to come in 2025
Technology
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Google launches ‘Energy Skilled’ badges: What to know
Google will display 'Energy Skilled' badges on contractors' Business Profiles if at least one technician has earned a certain credential
ServiceTitan is now a public company
After more than a decade as a private company, ServiceTitan brought the trades to Wall Street — and made its public debut
Yelp makes updates to boost contractor advertising
Yelp rolled out over 20 product updates as part of a larger initiative to improve its advertising offerings
Inside ServiceTitan’s pitch to the public
ServiceTitan published a 300-page document outlining its industry outlook, financial performance, and future plans