How Government Steel and Aluminum Tariffs Will Affect Your HVAC Purchase

Tariffs imposed by the government on imported steel and aluminum officially took effect on March 23, 2018, and are having a profound impact on the production of HVAC equipment and component parts. As a result, many HVAC equipment and parts manufactures have announced price increases by as much as 5 to 20 percent. If you are in the market for a new air conditioner, boiler, furnace, heat pump, oil tank, or water heater, we highly encourage you act now and not wait because further price increases are likely.

Our Duty to Our Customers

As a family-owned and locally operated business, we believe that it is our duty to inform our customers about how the imposed tariffs will affect their decision to repair or replace their air conditioning, boiler, furnace, heat pump, oil tank, or water heater.

Currently we have received notice from several manufactures that price increases will begin to take effect by the end of June, with the expectation that more manufactures will follow. Customers in the market for heating and cooling equipment could see prices increase by hundreds, or even thousands, of dollars in the coming weeks.

Our focus is to help our customers be safe and comfortable in their homes, but we also care about your budget needs. We hope that by informing you of manufacturer increases now we will help you and your family make informed investment decisions for the comfort of your home today.

Three Manufacturers Have Already Announced Equipment Price Hikes

SMO Energy is aware of three manufactures that have already released their price increase effective dates. Dakin/Goodman announced that its price increases will take effect June 15, 2018. Carrier-UTC announced its price increases will take effect July 1, 2017. These increases will impact its Carrier, Bryant, Payne and ICP branded HVAC equipment. Trane’s price increases will take effect on June 24, 2018. Additionally, manufacturers of parts and components have already begun increasing prices.

Don’t Wait Until It’s Too Late

By informing you of the future price increases on HVAC equipment, SMO Energy hopes to help customers to take advantage of lower prices today! If you are considering HVAC equipment replacement, we encourage you to not delay your decision. It will become more expensive to replace your HVAC equipment in the future. If your heating or cooling equipment is 12 years old or older, our energy consultants can help walk you through replacement options so that you can benefit from replacement before the price increases. Now is the perfect time to replace your heating and cooling system – check out our limited-time rebates and special offers.

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