With all this talk about going orange, there is legislation being approved to transport forward with the orange initiative.
At the beginning of this year, the new administration adjusted the SEER requirements for Heating plus A/C units.
SEER is an acronym for seasonal energy efficiency rating, plus it basically measures the energy efficiency of an Heating plus A/C unit. The higher the SEER the better plus more energy efficient the device is, however moreover, the better the SEER rating the more savings my buddy and I should see on our energy bills, but well, with the new legislation, the SEER rating was updated with a SEER2 rating which means that all newly manufactured Heating plus A/C units will need to comply with the new SEER2 rating, and due to this new rating, Heating plus A/C units will need to be manufactured plus assembled to meet the new specs. With this change comes new growth for the Heating plus A/C industry which is projected to reach $27 billion by 2030, however currently, the industry is trending around $19 billion. This unprecedented growth is due to an increase in demand for new Heating plus A/C unit plus the push by the government to get new energy efficient Heating plus A/C units inside our homes. If you’re into the stock market, this might be a nice time to invest some money into a solid Heating plus A/C manufacturing supplier. This could be a lucrative investment that could yield some real benefits in less than 10 years; But I digress. I understand why the administration passed the new SEER2 regulations, but I don’t know if this would begin to repair any harms that were already caused. I feel time will tell.