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Manufactors Announce Price Increases

HVAC manufacturers have already announced price increases going into 2022, making headlines as another round of price increases go into effect.

Across the board, we are already seeing manufacturers raise the cost of equipment, parts, and supplies prices. Many manufacturers have made these announcements public, with increases ranging anywhere from 3% up to close to 20%

The reasons for the increases are due to a multitude of factors, including raw material costs, increased labor rates, fuel and transportation costs, and changes to processes.

With the recent COVID-19 pandemic, we’ve seen many people transferring to remote work, or spending more time at home in general. This has led to an increased demand for effective indoor air quality and home comfort systems. Many consumers have chosen this past year to make investments in their homes, one of them is upgrading their HVAC equipment.

Over the last several years, we have regularly seen manufacturer price increases once per year, but COVID-19 has especially hit the industry hard, as many of us have witnessed price increase announcements of major suppliers and brands at least once per quarter.

The HVAC industry, however, is not unique to these price increases. Similar trends can be seen in the construction industry as the demand and price for raw materials increases.

Simply put, the price increases manufacturers face are cascading through the supply chain and are just beginning to show up for the end consumer.

Trane

Trane Technologies’ Commercial and Residential HVAC businesses announced Nov. 15 a price increase of up to 12% on select applied and unitary heating, ventilating, and air-conditioning (HVAC) equipment for Trane®, American Standard Heating & Air Conditioning®, Trane®/Mitsubishi Electric, RunTru®, and Ameristar® equipment. Some items may be subject to an additional increase.

The price increase for residential products will take effect on products that ship on or after January 1, 2022. The price increase for commercial products will be effective January 15, 2022.

HISTORICAL:

Increase to affect select residential HVAC and supply products


DAVIDSON, N.C. — Trane Technologies’ Residential HVAC & Supply business announced a price increase of up to 6% on select HVAC equipment. The increase, effective as early as April 31st, 2021, applies to Trane, American Standard Heating & Air Conditioning, Mitsubishi Electric Trane HVAC US, RunTru by Trane, and Ameristar by American Standard equipment.

DAVIDSON, N.C. — Trane Technologies’ residential HVAC and supply business announced a price increase of up to 7% on select residential HVAC equipment. The increase will take effect on products that ship on or after August 9, 2021, and applies to Trane, American Standard Heating & Air Conditioning, Mitsubishi Electric Trane HVAC US, RunTru by Trane, and Ameristar™ by American Standard equipment.

Lenox

Lennox Industries (Richardson, Texas) will be increasing prices up to 13%

on commercial equipment and accessories. The increase will be effective Jan. 1, 2022. 

HISTORICAL:

Increase effective January 18, 2021
RICHARDSON, Texas — Lennox Industries Inc. has announced a three to six percent price increase on all unitary residential and commercial heating and cooling products effective January 1, 2021.

RICHARDSON, Texas — Lennox Industries announced a price increase of 6-9% on all residential and commercial equipment, controls, and parts & supplies. The increase will be effective June 1, 2021.

“We continue to see inflationary pressures on raw material costs significantly impacting our business,” said Elliot Zimmer, president and chief operating officer of Lennox Commercial.

Allied

TULSA, Okla. — AAON Inc. announced a price increase of 4 percent on all AAON HVAC equipment. This price increase is a direct result of increased raw material and component costs, including stainless steel, galvanized steel and copper, which are up 30 to 50 percent compared to last year. The price increase is effective June 1st, 2021.

TULSA, Okla. —  AAON Inc. announced a price increase of 5% on all AAON HVAC equipment. This price increase is a result of inflationary pressures. The price increase is effective September 1, 2021.

“As raw material prices have continued to rise considerably, this is also driving a 3 to 4 percent increase in our component costs,” said Gary Fields, AAON president and CEO. “We intend to stay ahead of these inflationary pressures and must increase the price of AAON equipment.”

Carrier

Carrier, which manufactures products under the Carrier, Bryant, Payne and ICP brand names, recently announced a price increase of up to 7% on North American residential, light commercial, and commercial applied products effective June 1, 2021.

Additional HVAC manufacturers & suppliers that have announced price increases in 2021 include, but are not limited to:  Ruud, Rheem, Carrier, Daikin, York, & Johnson Controls.

HVAC Raw Materials & Equipment Prices Increase in 2020 – 2021

  • ADP Coils – 5% Increase
  • General Filters – 5% Increase
  • Wrap Installation – 15% Increase
  • Reflex Installation – 4% Increase
  • Thermaflex – 6% Increase
  • Furnace Accessories – 17% Increase
  • PVC Fittings – 15% Increase

Known 2021 Price Increases:

  • Modine Equipment price increase 2% effective September 1, 2021
  • Coleman price increase 6% effective September 1, 2021
  • York price increase 6% effective September 1, 2021
  • Evcon price increase 6% effective September 1, 2021
  • Bosch Heat Pumps price increase various effective August 29, 2021
  • Resideo price increase various effective August 28, 2021
  • General Filters price increase 12.5% effective August 25, 2021
  • Tru Aire price increase 16% effective August 22, 2021
  • Tecumseh price increase 3-5% effective August 15, 2021
  • Dunkirk Boilers price increase 2-4% effective August 9, 2021
  • Viega price increase various effective August 7, 2021
  • Bell & Gossett price increase 5% effective August 2, 2021
  • Browning Belts & Accessories price increase various effective August 2, 2021
  • TruAire price increase various effective August 2, 2021
  • AO Smith Parts price increase various effective August 2, 2021
  • Amana PTAC price increase various effective August 1, 2021
  • PDM Linesets price increase 10% effective August 1, 2021
  • Sealtite price increase 20-30% effective August 1, 2021
  • AO Smith price increase 10-12% effective August 1, 2021
  • AO Smith Parts price increase 6% effective August 1, 2021
  • Daikin price increase 5% effective August 1, 2021
  • Goodman Daikin Equipment price increase 8% effective August 1, 2021
  • Goodman Parts price increase 3-5% effective August 1, 2021
  • Modine Equipment price increase various effective August 1, 2021
  • Nu-Calgon price increase various effective August 1, 2021
  • Miller/ Nortek price increase various effective July 31, 2021
  • Honeywell price increase various effective July 23, 2021
  • White Rodgers price increase various effective July 9, 2021
  • PVC & Black Pipe price increase various effective July 6, 2021
  • Daikin Minisplits price increase 4.9% effective July 5, 2021
  • Bosch price increase 0-6% effective July 1, 2021
  • Pro-Flex CSST price increase 6% effective July 1, 2021
  • Purolator Filters price increase various effective July 1, 2021
  • Sporlan price increase 5.8% effective July 1, 2021
  • Goodman MFG Parts price increase various effective July 1, 2021
  • Honeywell price increase various effective July 1, 2021
  • ICP Parts price increase various effective July 1, 2021
  • Johnson Controls price increase 3.5% effective July 1, 2021
  • Modine Equipment price increase 6% effective July 1, 2021
  • Taco price increase 3-8% effective July 1, 2021
  • NU-Calgon price increase various effective July 1, 2021
  • Z-Flex price increase various effective July 1, 2021
  • Copeland Refrigeration price increase 3-6% effective July 1, 2021
  • Purolator Filters price increase various effective July 1, 2021
  • PDM price increase 6% effective July 1, 2021
  • DAIKIN AC price increase 7-8% effective July 1, 2021
  • Daikin AC Americas price increase various effective June 21, 2021
  • Hart & Cooley price increase various effective June 21, 2021
  • Tracpipe price increase various effective June 15, 2021
  • Grundfos Pumps price increase 5% effective June 15, 2021
  • H&C price increase 4% effective June 14, 2021
  • Tecumseh Products price increase various effective June 13, 2021
  • Viega price increase various effective June 6, 2021
  • Sealtite price increase 18% effective June 1, 2021
  • AO Smith Water Heaters price increase various effective June 1, 2021
  • Heatcraft/ Climate Control price increase 6% effective June 1, 2021
  • Viessmann price increase 6% effective June 1, 2021
  • Coleman price increase 6% effective June 1, 2021
  • Empire Comfort Systems price increase 5-10% effective June 1, 2021
  • Goodman & Daikin Equipment price increase 5-8% effective June 1, 2021
  • Goodman & Daikin Parts price increase 25% effective June 1, 2021
  • ICP Equipment price increase 3-7% effective June 1, 2021
  • Packard price increase 5-10% effective June 1, 2021
  • Aspen Coils price increase 6-8% effective June 1, 2021
  • Amana PTAC price increase 8% effective June 1, 2021
  • Honeywell/Resido price increase various effective May 17, 2021
  • Stylecrest/Miller/Nordyne Equipment price increase various effective May 16, 2021
  • Dunkirk Boilers price increase various effective May 16, 2021
  • Webstone price increase 4% effective May 14, 2021
  • Diversitech price increase 19% effective May 13, 2021
  • Fasco Motors price increase various effective May 12, 2021
  • Hart & Cooley Flex price increase 10% effective May 10, 2021
  • Bell & Gossett price increase 3% effective May 8, 2021
  • Hart & Cooley B-Vent & Chimney Liners price increase 4% effective May 8, 2021
  • Hart & Cooley Grills & Registers price increase 9% effective May 8, 2021
  • TruAire price increase 12% effective May 3, 2021
  • Infrasave price increase 5.2% effective May 1, 2021
  • Kelvinator price increase 3% effective May 1, 2021
  • Coleman price increase various effective May 1, 2021
  • Evcon price increase various effective May 1, 2021
  • Webstone price increase 9.2% effective April 20, 2021
  • NU-Calgon price increase various effective April 15, 2021
  • Tecumseh Products price increase 3-5% effective April 15, 2021
  • Diversitech price increase 5% effective April 12, 2021
  • AO Smith Parts price increase various effective April 6, 2021
  • Tracpipe/ Omega Flex price increase 6% effective April 1, 2021
  • PDM Linesets price increase 8% effective April 1, 2021
  • AO Smith Water Heaters price increase various effective April 1, 2021
  • Empire Comfort Systems price increase various effective April 1, 2021
  • Johnson Controls price increase various effective April 1, 2021
  • PVC, Black Pipe, & Copper price increase various effective April 1, 2021
  • Amana PTAC price increase 7.0% effective March 1, 2021
  • Daikin Americas price increase 7% effective March 1, 2021
  • Goodman/ Daikin Equipment price increase 7% effective March 1, 2021
  • Honeywell/ Resideo price increase 3% effective March 1, 2021
  • Z-Flex price increase 4% effective March 1, 2021
  • Renewaire ERV/HRV price increase 2% effective March 1, 2021
  • Copper price increase 11% effective March 1, 2021
  • PVC & Black Pipe price increase various effective February 16, 2021
  • General Aire price increase various effective February 7, 2021
  • Seal-Tite price increase various effective February 5, 2021
  • Fasco Motors price increase various effective February 1, 2021
  • Heatcraft / Climate Control price increase 3-5% effective February 1, 2021
  • Amana Company price increase 3.7% effective February 1, 2021
  • AO Smith Water Heaters price increase 3-9% effective January 31, 2021
  • Heil/ ICP Equipment price increase 6% effective January 31, 2021
  • Heil/ ICP Parts price increase various effective January 31, 2021
  • AO Smith Parts price increase 3-9% effective January 31, 2021
  • Hart & Cooley Flex price increase 8% effective January 18, 2021
  • Purolator Filters price increase various effective January 15, 2021
  • Robertshaw price increase 2.5-3% effective January 4, 2021
  • Hart & Cooley price increase various effective January 4, 2021
  • Copeland price increase 1.9% effective January 4, 2021
  • Sunbelt PVC & Black Pipe price increase various effective January 4, 2021
  • Diversitech price increase 2% effective January 1, 2021
  • Bosch Equipment price increase 6% effective January 1, 2021
  • Dunkirk Boilers price increase various effective January 1, 2021
  • Renewaire ERV/HRV price increase 2% effective January 1, 2021

We at RW Heating & Air Plumbing & Electrical anticipate additional price hikes in the HVAC industry throughout 2022 as demand for raw materials increases, and cost of living rises.

We love helping you with your HVACPlumbing & Electrical problems, big and small. 

RW Heating & Air Plumbing & Electrical we care about our customers needs and we are here to help you improve your comfort of life.

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