Impact of COVID-19 on Heating and Air Conditioning Equipment Shortages

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United States Fox Family Heating and Air Conditioning
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Published on ● Video Link: https://www.youtube.com/watch?v=YBRdtFlQ7MA


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I never thought I would see such a dramatic impact of COVID-19 related price increases as we have seen in 2021.

Every HVAC contractor in the United States is dealing with this equipment shortage situation. Manufacturers say they can’t get equipment out fast enough for the rising demand for new equipment. This has created the highest rate of price increase we’ve seen in a very long time. Each year, we typically see a 4% to 6% increase in the cost of equipment. This year we’ve already seen a 21% increase in that same equipment. This has resulted in your basic $10,000 HVAC system increasing by $2,000 in just one year. Higher-end equipment has grown exponentially.

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