eJarn
Username/ID
Plear enter userid
Password      *Forgot Password?
Please enter password
WaterFurnace Embraces the Future of Geothermal
2017/05/12
May 10, 2017
DENVER - WaterFurnace Intl. Inc. recently held its 2017 annual sales meeting in Denver, and as you can imagine, the 30 percent residential and 10 percent commercial federal tax credits for geothermal heat pump systems that expired Dec. 31, 2016, were on everybody’s minds.
 
“If you take what you learned in the old school - prior to the tax rebates - you guys have some secret sauce that you can use to continue to be very successful selling geothermal, whether the tax credits are extended or not,” said Michael Albertson, senior vice president, WaterFurnace Intl. Inc. “We look forward to the challenge.”
 
WaterFurnace’s 2016 sales numbers reflected the expiring tax credits’ impact on its business as 39 percent of its sales occurred in the fourth quarter of 2016 as contractors accelerated their sales pitches before the turn of the calendar. Furthermore, 17 percent of the company’s sales materialized in December.
To view the complete content, please log in.
Username/ID
Plear enter userid
Password      *Forgot Password?
Plear enter password