So much has happened in the past year that impacted the HVAC Industry. As 2023 begins, I wonder which trends will continue, what others are coming down the pike, and what those of you in the High-Performance Contracting segment of the industry should be on the lookout for.
Here are seven trends, not necessarily in order, that I see impacting the trades this year.
Attracting and Retaining Techs
We live in a time that is seeing a vast exodus of people retiring from the industry. There is concern over young people’s lack of interest in the trades as a career. This remains a key issue.
It is incumbent on individual companies to develop and work recruitment strategies and find ways to attract young people in the HVAC trades. It is also an industry issue that requires the teamwork of every channel, along with our trade associations and affiliated training organizations.
One thing that can help attract young people to the trades is HVAC technology. From the tools and instruments your HVAC company uses to the Smart Technology built into building and equipment, the HVAC Industry certainly offers the “cool factor” seen in other trades and career paths. Be sure to build a culture of training so incoming talent knows how to use the tools and can present to customers as professional craftsmen. Measuring performance is important. Younger people want to know where they are and how they can advance.
Technology will continue impacting our industry throughout 2023 and the years to come. Watch out for improvements in geothermal heat pumps, smart thermostats, zoning, and test-and-measurement instruments.
The right culture is also crucial for creating attractive, high-paying careers with flexible hours. Incentivizing performance and creating perks are essential to attracting younger techs.
Supply Chain Issues
The U.S. is still trying to solve shortages from manufacturers, distributors, and contractors. Economists predict that 2023 will be a better year as supply chain issues sort themselves out. Still, in the meantime, as High-Performance contractors, you need to step up your game when it comes to working with your suppliers and communicating with your customers. Remember that great service matters!
Higher Customer Expectations
The pandemic pushed the U.S. workforce into home-based offices. Today many companies are operating “hybridly” with their employees working partially at home and in the office/workplace. A direct result is increased continued demand for better indoor air quality, improved comfort while saving energy, and more throughout the coming year.
The Greening of America is being pushed through government regulations and consumer demand. New refrigerant laws, electrification, lower carbon emissions, and more are high on the agenda, and will continue in 2023.
As High-Performance HVAC contractors, you sit in the catbird’s seat. With your training and practices, 2023 should be a great year. Make it even better by attending the High-Performance Summit in April. I hope to see you there.
And don’t forget El Nino is back. This is supposed to be the hottest year on record – for the world! All those A/C’s you installed and sized correctly may be too small now.