Our most-read stories of January

A new administration, an OEM acquisition, and a couple technology developments

Homepros

Image: Homepros

One month down. Here’s a look at our five most-read stories from January: 

What to watch as Trump returns to office

“The new President and Republican-controlled Congress have called for sweeping changes that will likely affect many industries, including HVAC. From federal incentives to taxes and tariffs, here are four developments for HVAC contractors to watch under the new administration.”

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ChatGPT’s parent company eyes home services

“OpenAI, the parent company of wildly popular ChatGPT, rolled out a feature that can hire HVAC contractors through Thumbtack on consumers’ behalf… The move highlights AI’s growing impact on every industry, including home services.”

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Rheem parent to buy Fujitsu’s HVAC business for $1.6 billion

“Rheem owner Paloma will acquire Fujitsu’s HVAC subsidiary, Fujitsu General, for up to $1.6 billion, according to a statement… The deal marks the third major OEM acquisition announced in the past six months.”

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Google launches ‘Energy Skilled’ badges: What to know

“Google will now display an Energy Skilled badge on contractors’ Business Profiles if at least one technician has earned a credential ‘recognized as Energy Skilled’ by the Department of Energy.” 

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New PIN rule hits HVAC tax credit: What to know

“The IRS is requiring homeowners to include a product identification number, or PIN, for each piece of qualifying equipment installed starting this year to claim the credit on future tax returns… [However], these PINs don’t yet exist.”

Full story

Keep reading

Housing indicators paint mixed picture for 2025 HVAC demand

Housing indicators paint mixed picture for 2025 HVAC demand

U.S. existing home sales, a leading indicator of replacement demand, have stabilized, but mortgage rates remain elevated

Home services spending slows, but outlook stays strong

Home services spending slows, but outlook stays strong

U.S. homeowners, on average, spent 12 percent less on improvements, maintenance, and emergency repairs in 2024 than in 2023

2024: HVAC-Industry Financing Providers

2024: HVAC-Industry Financing Providers

A rundown of financing providers including dealer fees and comments from contractors