Original data and independent reporting for the HVAC trade

Category: Price Index

The BLS-anchored index of what HVAC equipment actually costs, updated as new federal data lands.

  • HVAC Industry Statistics 2026: Verified Federal Data

    HVAC Industry Statistics 2026: Verified Federal Data

    Last reviewed: September 2026 · By the HVAC Brief Editorial Team · Our sourcing and editorial standards

    The short answer

    HVAC industry statistics for 2026, drawn only from federal primary sources with the exact data series named so you can reproduce every figure. HVAC equipment producer prices are up 60.0% since 2019. There were 409,670 heating, air conditioning and refrigeration mechanics employed at a median wage of $29.33 an hour. Contracting firms employed about 1,355,400 people.

    Most published HVAC statistics pages name a source but do not date it or link it. Five figures that circulate widely do not survive a check against the primary data, and we show which ones below.

    The headline numbers

    Every row below names the federal series it comes from and the month or year it describes. Where a figure is a share rather than a count, we show the numerator and denominator so the arithmetic is visible. Nothing in this table is an estimate, a projection, or a market-research forecast.

    Measure Value Series Vintage
    HVAC equipment producer prices, change since 2019 +60.0% BLS PCU333415333415 Aug 2026
    Consumer prices, change over the same period +30.6% BLS CUUR0000SA0 Jul 2026
    HVAC and refrigeration mechanics employed 409,670 BLS OEWS 49-9021 May 2025
    Median wage, HVAC mechanics $29.33/hr BLS OEWS 49-9021 May 2025
    Median annual wage, HVAC mechanics $61,010 BLS OEWS 49-9021 May 2025
    Employees of plumbing, heating and AC contractors 1,355,400 BLS CEU2023822001 2026-07
    Average hourly earnings at those firms $42.61 BLS CEU2023822003 2026-07
    US homes using air conditioning 109.51M of 123.53M (88.7%) EIA RECS HC7.1 2020
    US homes with a heat pump as main heat 16.13M (13.1%) EIA RECS HC6.1 2020

    How much have HVAC equipment prices actually risen?

    Producer prices for HVAC equipment manufacturing rose 60.0% between the 2019 annual average and August 2026, from an index of 203.0 to 324.8. Measured from 2020 instead, the increase is 56.9%. Consumer prices rose 30.6% over the same 2019 baseline, so equipment has risen at roughly twice the rate of general inflation.

    The series is BLS PCU333415333415, the producer price index for NAICS 333415, air conditioning, warm air heating and commercial and industrial refrigeration equipment manufacturing. It measures what manufacturers charge, not what a homeowner pays installed.

    August 2026 is the highest reading in the series since 2019. Prices rose in 21 of the 31 month-over-month comparisons from January 2024 onward, so the direction has been consistent rather than a single spike. Our analysis of what drove HVAC prices up breaks the increase down by cause and shows why the refrigerant transition is not the largest factor.

    How many HVAC technicians are there, and what do they earn?

    The Bureau of Labor Statistics counted 409,670 heating, air conditioning and refrigeration mechanics and installers in its May 2025 Occupational Employment and Wage Statistics release. Median pay was $29.33 an hour, or $61,010 a year. The mean was higher at $31.14 an hour and $64,780 a year.

    The occupation code is SOC 49-9021. It covers people who install and repair the equipment, which is a narrower group than everyone employed by an HVAC business.

    Wage measure, SOC 49-9021 Hourly Annual
    Median $29.33 $61,010
    Mean $31.14 $64,780

    The mean sitting above the median indicates the distribution is pulled upward by higher earners rather than being symmetrical. Metro-level wages vary widely around these national figures.

    How many people work for HVAC contracting firms?

    Employment at plumbing, heating and air conditioning contractors reached about 1,355,400 people as of July 2026, up 18.8% from a 2019 average of roughly 1,140,992. Average hourly earnings across those payrolls were $42.61, up 40.2% from $30.39 in 2019.

    This is a different measure from the technician count above. The series is BLS Current Employment Statistics for NAICS 238220, which covers everyone on the payroll including office and supervisory staff, and it groups plumbing with heating and air conditioning. BLS does not publish HVAC separately at this level.

    The growth matters because it complicates the labour shortage narrative. A sector that added roughly a fifth of its headcount in seven years is not a shrinking trade, whatever hiring difficulty individual firms report. Our breakdown of HVAC contractor pay compares this wage growth against construction overall and the wider private economy.

    How many US homes have air conditioning and heat pumps?

    Of 123.53 million US housing units, 109.51 million use air conditioning equipment, or 88.7%. Another 14.02 million do not. A heat pump is the main heating equipment in 16.13 million homes, 13.1% of the stock.

    These come from the Energy Information Administration’s Residential Energy Consumption Survey for 2020, tables HC7.1 and HC6.1, final data released March 2023. RECS runs every five or six years, so 2020 remains the current vintage and any 2026 figure you see attributed to RECS is either the 2020 survey or an estimate somebody built on top of it.

    Main heating equipment Homes (million) Share of stock
    Natural gas central warm-air furnace 53.26 43.1%
    Heat pump 16.13 13.1%
    Electric central warm-air furnace 13.82 11.2%

    Gas furnaces still heat more than four times as many homes as heat pumps do. Any claim that heat pumps have taken over residential heating is describing new installations in particular markets, not the installed base.

    What changed in the rules in 2025 and 2026?

    Two regulatory changes affect nearly every residential job priced in 2026. Refrigerant rules changed twice, and the federal tax credit that paid up to $2,000 toward a heat pump expired. Both are settled law and both are widely misreported.

    1. New R-410A equipment cannot be manufactured or imported. Under 40 CFR 84.54(a)(1), effective January 1, 2025, self-contained residential and light commercial equipment using refrigerant with a global warming potential of 700 or greater is out of production. R-410A has a GWP of 2,088.
    2. Existing R-410A inventory can still be installed. EPA’s final rule at 91 FR 31284, published May 26, 2026 and effective July 27, 2026, allows equipment manufactured or imported before January 1, 2025 to continue to be installed, with no federal end date. See what the R-410A rule actually says.
    3. The Section 25C credit expired. The Internal Revenue Service states the Energy Efficient Home Improvement Credit applies to property placed in service before December 31, 2025. Installation date controls, not purchase date. See what the 25C expiry costs a homeowner.

    State rules can be stricter than the federal position, and several states run their own hydrofluorocarbon programmes. Confirm current requirements for the jurisdiction before relying on the federal rule for a specific job.

    Five widely repeated HVAC statistics that do not hold up

    These five figures appear across most HVAC statistics pages. Each fails a check against the primary source, either because the number is stale, the attribution names the wrong agency, or the vintage is missing so a reader cannot tell what year it describes.

    Commonly published claim What the primary data shows
    “Equipment prices increased about 40% since 2020,” usually credited to trade press BLS PCU333415333415 puts the increase at 56.9% against the 2020 average and 60.0% against 2019. The circulating figure understates it.
    “441,000 HVAC technicians employed,” credited to BLS with no year OEWS May 2025 reports 409,670 for SOC 49-9021. A larger number is either an older vintage or a broader occupation grouping, and the claim does not say which.
    “Median technician wage $27.55 per hour” That is an earlier OEWS vintage. The May 2025 median is $29.33, about 6% higher.
    “70% of new HVAC businesses fail in the first year,” credited to Energy.gov Misattributed. The Department of Energy does not publish establishment survival statistics. Business Employment Dynamics at BLS is the federal series that does. We are not substituting a figure here because we could not verify one at the NAICS 238220 level.
    “About 90% of US households use air conditioning,” credited to EIA with no year Directionally right, imprecise. EIA RECS 2020 table HC7.1 gives 109.51 million of 123.53 million homes, 88.7%. RECS 2020 is still the current vintage.

    The pattern behind all five is the same. A figure gets published without a vintage, a second page copies it without checking, and within a few cycles the number is detached from any document that could confirm or refute it. Naming the series and the release date is what stops that.

    How to cite and reproduce these figures

    Every BLS number above is retrievable without a subscription. The public data API at api.bls.gov/publicAPI/v2/timeseries/data/ accepts a plain POST with a list of series IDs and a year range, and returns JSON. No key is needed for small requests.

    1. POST a JSON body of the form {"seriesid":["PCU333415333415"],"startyear":"2019","endyear":"2026"} to the timeseries endpoint.
    2. Read the monthly observations from Results.series[].data[], filtering to periods M01 through M12 and skipping suppressed cells, which BLS returns as a hyphen.
    3. Compute the 2019 baseline as the mean of that year’s twelve monthly values, then index later observations against it.

    EIA RECS tables are PDFs at eia.gov/consumption/residential/data/2020/hc/. OEWS occupation data uses series IDs of the form OEUN000000000000049902101, where the trailing digits select the data type.

    Cite this page

    The HVAC Brief. “HVAC Industry Statistics 2026: Verified Federal Data.” Compiled from BLS series PCU333415333415, CUUR0000SA0, CEU2023822001, CEU2023822003, OEWS 49-9021 and EIA RECS 2020. Last reviewed August 2026. https://thehvacbrief.com/hvac-industry-statistics-2026/

    Journalists and researchers may reproduce these figures with attribution. All underlying data is public.

    Methodology and limitations

    We include a figure only when it comes from a named federal series we retrieved ourselves, and we publish the series ID and vintage alongside it. We exclude market-research forecasts, vendor surveys and any figure whose original source we could not reach.

    What these numbers do not tell you

    • Producer prices measure what manufacturers charge. Installed prices add distributor margin, labour, permits and local conditions, so the direction is reliable but the pass-through to a specific quote is not.
    • PCU333415333415 covers commercial and industrial refrigeration alongside residential HVAC, so it is broader than residential equipment alone.
    • NAICS 238220 groups plumbing with heating and air conditioning contractors. No federal series isolates HVAC contracting at this level.
    • OEWS SOC 49-9021 counts installers and mechanics, not everyone employed by an HVAC business. The two employment figures on this page are not interchangeable.
    • EIA RECS 2020 remains the current vintage for equipment data; the 2024 survey’s heating and cooling tables are due in spring 2027 See what the 2024 survey release covers., released March 2023. Housing stock and equipment shares have moved since, and we do not extrapolate.
    • Wage figures are nominal. Against consumer inflation of 30.6% since 2019, real gains are considerably smaller than the headline.
    • Nothing here is legal, tax or engineering advice. Requirements vary by jurisdiction.

    Frequently asked questions

    How many HVAC technicians are there in the US?

    The Bureau of Labor Statistics counted 409,670 heating, air conditioning and refrigeration mechanics and installers in its May 2025 Occupational Employment and Wage Statistics release, occupation code SOC 49-9021. Separately, plumbing, heating and air conditioning contractors employed about 1,355,400 people in total, a broader measure that includes office and supervisory staff.

    What is the average HVAC technician salary in 2026?

    The most recent federal figures are from May 2025. Median pay for SOC 49-9021 was $29.33 an hour, or $61,010 a year. The mean was $31.14 an hour and $64,780 annually. The mean exceeding the median indicates higher earners pull the distribution upward. Metro-level pay varies widely around these national numbers.

    How much have HVAC prices increased?

    Producer prices for HVAC equipment manufacturing rose 60.0% between the 2019 annual average and July 2026, according to BLS series PCU333415333415. Measured from 2020 the increase is 56.9%. Consumer prices rose 30.6% over the same period, so equipment inflated at roughly twice the general rate.

    What percentage of US homes have air conditioning?

    88.7% of US homes use air conditioning equipment: 109.51 million of 123.53 million housing units, per EIA Residential Energy Consumption Survey table HC7.1 for 2020. Around 14.02 million homes do not. RECS runs every five or six years, so 2020 remains the current published vintage.

    How many homes use heat pumps?

    A heat pump is the main heating equipment in 16.13 million US homes, 13.1% of the housing stock, per EIA RECS 2020 table HC6.1. Natural gas central furnaces heat 53.26 million homes, more than four times as many. Claims that heat pumps dominate residential heating describe new installations in specific markets, not the installed base.

    Is the HVAC industry growing?

    By employment, yes. Plumbing, heating and air conditioning contractors employed about 1,355,400 people as of July 2026, up 18.8% from a 2019 average near 1,140,992. Average hourly earnings rose 40.2% over the same period. That combination argues for competition over experienced workers inside a growing trade.

    Can R-410A equipment still be installed in 2026?

    Under federal rules, yes, provided all components were manufactured or imported before January 1, 2025. EPA’s final rule at 91 FR 31284, effective July 27, 2026, allows that inventory to continue to be installed and removed the earlier cutoff. New R-410A equipment cannot be manufactured or imported. Some states impose stricter limits.

    Where do these HVAC statistics come from?

    All figures come from federal primary sources: the Bureau of Labor Statistics for prices, employment and wages, the Energy Information Administration for housing and equipment shares, and the Code of Federal Regulations and Federal Register for rules. Each figure on this page names its series ID and vintage so you can retrieve it yourself.

    Sources

    1. US Bureau of Labor Statistics, Producer Price Index by Industry: Air Conditioning, Warm Air Heating and Commercial and Industrial Refrigeration Equipment Manufacturing, series PCU333415333415, monthly through July 2026, via the BLS Public Data API v2.
    2. US Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers, All Items, series CUUR0000SA0.
    3. US Bureau of Labor Statistics, Occupational Employment and Wage Statistics, SOC 49-9021, heating, air conditioning and refrigeration mechanics and installers, national estimates, May 2025.
    4. US Bureau of Labor Statistics, Current Employment Statistics, NAICS 238220, series CEU2023822001 and CEU2023822003.
    5. US Energy Information Administration, Residential Energy Consumption Survey 2020, tables HC6.1 and HC7.1, final data released March 2023.
    6. 40 CFR 84.54, via eCFR; EPA final rule 91 FR 31284, published May 26, 2026, RIN 2060-AW39.
    7. Internal Revenue Service, Energy Efficient Home Improvement Credit.

    By the HVAC Brief Editorial Team. The HVAC Brief is an independent trade publication: we do not sell equipment, take manufacturer advertising, or accept payment for placement in our research. If you find an error, tell us and we will correct it and note the change.

  • HVAC Prices in 2026: The Data Behind the Sticker Shock

    HVAC Prices in 2026: The Data Behind the Sticker Shock

    The short answer

    HVAC equipment prices have risen 60% since 2019, roughly twice the 31% rise in general consumer prices. That is the reason a replacement quote that read $6,000 to $8,000 a decade ago now commonly reads five figures. The gap is not local, and it is not your contractor’s margin: it is visible in federal producer price data for the factories that build the equipment.

    Most of the increase happened before the refrigerant changeover. Equipment prices were close to flat through 2024 (+1.4%), then stepped up 3.9% between March and July 2025 as refrigerant surcharges moved through the supply chain, and have kept climbing since.

    Separately, two rule changes matter in 2026: the federal 25C tax credit that paid up to $2,000 toward a heat pump expired for anything placed in service after December 31, 2025, and EPA has removed the installation deadline for R-410A equipment built before January 1, 2025.

    This page tracks what HVAC equipment actually costs to buy at the factory gate, using the Bureau of Labor Statistics producer price index for air conditioning and heating equipment manufacturing. We update it as new BLS data is released. Everything below is sourced to primary federal data or to the Code of Federal Regulations, and the underlying series are named so you can reproduce every number.

    +60%HVAC equipment producer prices, 2019 to July 2026
    +31%All consumer prices over the same period
    +22%Real increase after adjusting for general inflation
    +40.2%Average hourly earnings, HVAC and plumbing contractors

    The index: equipment prices against everything else

    The cleanest way to see what happened is to index HVAC equipment producer prices and consumer prices to the same starting point. Set 2019 equal to 100 and the divergence is unmistakable. General prices rose about 31%. Equipment prices rose about 60%.

    HVAC equipment prices vs general inflation, 2019 = 10010011012013014015016020192020202120222023202420252026HVAC equipment158 (2026 avg)All consumer prices130 (2026 avg)Index, 2019 = 100
    HVAC equipment producer price index (BLS series PCU333415333415, air conditioning, warm air heating and commercial refrigeration equipment manufacturing) against the consumer price index for all urban consumers (CUUR0000SA0). Both indexed to their 2019 annual average. 2026 points average the months published so far: equipment prices through August, consumer prices through July. Analysis by The HVAC Brief.

    Stated plainly: after stripping out ordinary inflation, HVAC equipment costs about 22% more in real terms than it did in 2019. That is the part homeowners feel as unfairness, and it is real. It is also the part contractors cannot control, because it is priced upstream of them.

    When the increase actually happened

    The common story is that the 2025 refrigerant rule caused HVAC prices to spike. The monthly data supports a more specific version of that: the rule itself was not the trigger, and the increase arrived roughly three months late.

    Monthly HVAC equipment PPI, showing the 2025 refrigerant transition step-up2903003103203302024-01: 293.12024-02: 296.42024-03: 295.62024-04: 299.02024-05: 299.42024-06: 298.62024-07: 298.62024-08: 301.92024-09: 299.52024-10: 298.82024-11: 297.62024-12: 297.12025-01: 298.02025-02: 300.12025-03: 299.62025-04: 304.02025-05: 308.22025-06: 311.82025-07: 311.32025-08: 312.62025-09: 309.82025-10: 312.02025-11: 312.32025-12: 311.92026-01: 313.02026-02: 316.82026-03: 319.52026-04: 320.42026-05: 320.62026-06: 321.02026-07: 324.02026-08: 324.82024-012024-072025-012025-072026-012026-07refrigerant surcharges pass throughPPI, NAICS 333415 (not seasonally adjusted)
    Monthly producer price index for HVAC equipment manufacturing, January 2024 through August 2026. Highlighted bars mark April to July 2025. Source: BLS series PCU333415333415, not seasonally adjusted.

    Through all of 2024, equipment prices moved +1.4%. The EPA rule restricting high global warming potential refrigerants took effect on January 1, 2025, and for the first quarter of 2025 prices barely moved. The step up came between March and July 2025, a 3.9% rise in four months, which lines up with refrigerant producer surcharges reaching distributors rather than with the regulation’s effective date. From the month before the rule took effect through July 2026, equipment prices are up 9.0%.

    Why this distinction matters

    If you are a contractor being told the refrigerant rule doubled your costs, the federal data does not support that. The rule contributed a step change of several percent. The larger share of the 60% increase accumulated between 2021 and 2023, before A2L refrigerants entered the picture at all. Anyone selling you a strategy built on the refrigerant transition alone is solving the smaller problem.

    What is driving the increase

    Driver What the evidence shows Confidence
    Equipment costs Producer prices for HVAC equipment manufacturing up 60% since 2019, versus 31% for consumer prices generally. This is the dominant, directly measured driver. High, primary federal data
    Labor Average hourly earnings for plumbing, heating and AC contractor employees rose from $30.39 in 2019 to $42.61 in July 2026, up 40.2%. Real but smaller than equipment, and it outpaced inflation only modestly. High, primary federal data
    Refrigerant transition Visible as a 3.9% step between March and July 2025, plus ongoing A2L equipment premiums. Material but not the main event. Moderate, inferred from timing
    Loss of the 25C credit Not a price increase, but a real out-of-pocket increase of up to $2,000 on qualifying heat pumps installed from January 1, 2026. High, statutory
    Tariffs and materials Widely cited in trade press as a contributor. We have not been able to isolate a tariff-specific effect in the federal series, so we do not quantify it here. Low, not independently verified

    The headcount side is worth noting because it cuts against a common claim. Employment among plumbing, heating and air conditioning contractors rose from about 1,141,000 in 2019 to about 1,355,400 in July 2026, an increase of 18.8%. The trade added workers. A pure labor shortage story does not fit a workforce that grew by roughly a fifth.

    What you can still install in 2026

    This is the most misreported topic in the trade right now, and a large amount of published guidance is out of date. Here is what the regulation currently says.

    Under 40 CFR 84.54(a)(1), effective January 1, 2025, no one may manufacture or import self-contained residential and light commercial air conditioning and heat pump products using a refrigerant with a global warming potential of 700 or greater. R-410A has a GWP of 2,088 and is therefore out for new production.

    The installation question is separate. The original rule paired the manufacturing ban with an installation cutoff. On May 26, 2026, EPA published a final rule (91 FR 31284, RIN 2060-AW39, docket EPA-HQ-OAR-2025-0005, effective July 27, 2026) that, in EPA’s own words, “allows the inventory of residential and light commercial air conditioning and heat pump equipment that was manufactured in the United States or imported into the United States before January 1, 2025, to continue to be installed.”

    Equipment Federal status in 2026
    R-410A residential split systems, components built before Jan 1, 2025 May continue to be installed. No federal end date currently set.
    New R-410A residential or light commercial equipment Cannot be manufactured or imported as of Jan 1, 2025.
    Existing R-410A systems in service Legal to operate and service. Service refrigerant remains legal to produce and sell.
    Variable refrigerant flow (VRF), GWP 700 or greater Restricted from Jan 1, 2026. Installable before Jan 1, 2027 where all components were built or imported before Jan 1, 2026, and before Jan 1, 2028 where a building permit issued prior to Oct 5, 2023 specifies the restricted refrigerant.
    Check your state before you rely on this

    The federal sell-through is not the whole picture. Several states run their own HFC programs that can be stricter than the federal rule, and New York’s 6 NYCRR Part 494 is the one most likely to catch contractors out. Reporting on the precise New York dates has been inconsistent, so confirm the current text with the state agency or your distributor rather than trusting a summary, including this one, for a job you are about to sell.

    If you are a homeowner

    Should you wait for prices to come down?

    Nothing in the data suggests a decline. Equipment prices rose in 21 of the 31 month-over-month comparisons since January 2024, and the most recent reading, August 2026, is the highest in the series going back to 2019. Waiting has reliably cost money since 2021. If your system is functioning, waiting is still reasonable. If it is failing, waiting is a bet the data does not support.

    Is the tax credit really gone?

    For federal 25C purposes, yes. The IRS states the credit applies to qualifying property placed in service before December 31, 2025. Installation date controls, not purchase date, so equipment bought in late 2025 and installed in 2026 does not qualify. State and utility rebates are unaffected by this and are often worth more than people assume, so check your utility before assuming there is no incentive.

    Is a cheaper R-410A system still an option?

    Federally, yes, if the equipment was built before January 1, 2025 and your state allows it. Distributors are still moving that inventory and it is usually cheaper. The trade-off is that you are buying into a refrigerant that is being phased down, which will make service refrigerant progressively more expensive over the system’s life. For a system you expect to keep 15 years, that is a real cost. For a rental you plan to sell in three, it may not be.

    How do you tell a fair quote from a padded one?

    Ask the contractor to separate equipment cost from labor on the proposal. Equipment is the line that moved, and a contractor who can show you the invoice is usually the one not padding. A quote that is dramatically below the others in your market is more often a scope difference, for example reusing failing ductwork or skipping a load calculation, than a genuine bargain.

    If you are a contractor

    The number your customer is anchored to

    A homeowner who last replaced in 2016 or 2017 is anchored to that price. The producer price index gives you a defensible way to explain the gap without sounding defensive, because it is a federal series that has nothing to do with your business.

    “Before I show you the number, I want to explain what changed, because it is going to be higher than the last time you did this. The equipment I install is priced by the manufacturer, and federal producer price data shows that equipment has gone up about 60% since 2019 while general prices went up about 31%. That is not my markup, that is the factory. On top of that, the federal tax credit that would have taken up to $2,000 off this job expired at the end of last year. Here is what I can control, and here is where I can save you money.”

    Where the margin actually is

    If equipment is up 60% and your labor cost is up 40.2%, holding a fixed percentage markup on equipment has quietly inflated your equipment margin in dollar terms while your labor margin has compressed. Shops that have not re-cut their pricing model since 2019 are frequently winning on the box and losing on the truck. Price the labor line deliberately rather than letting it ride as a percentage of a number that tripled.

    The R-410A inventory question

    The federal installation deadline is gone, which means pre-2025 inventory is a legitimate offering again rather than a liability. Two cautions. First, confirm your state has not set its own rule. Second, put the refrigerant phasedown in writing when you sell it, because a customer who learns in year six that service refrigerant has become expensive will remember what you did and did not tell them.

    Methodology

    Equipment prices are the Bureau of Labor Statistics producer price index for NAICS 333415, air conditioning, warm air heating and commercial and industrial refrigeration equipment manufacturing, series PCU333415333415, retrieved from the BLS public API v2. General consumer prices are CUUR0000SA0, the consumer price index for all urban consumers, all items, US city average. Labor figures are BLS Current Employment Statistics for NAICS 238220, plumbing, heating and air conditioning contractors: series CEU2023822003 for average hourly earnings of all employees and CEU2023822001 for all employees in thousands.

    Index values set each series to its own 2019 annual average, calculated as the mean of the twelve monthly observations. The real increase is the ratio of the two indexed series, which removes general inflation from the equipment figure. Where 2026 is shown as an annual point it is the average of the months available at publication: through August for equipment prices and July for consumer prices. Regulatory text is quoted from the current Code of Federal Regulations at 40 CFR 84.54 and from the Federal Register.

    Limitations

    • Producer prices measure what manufacturers charge, not what a homeowner pays installed. Installed prices include distributor margin, contractor labor, permits and local market conditions, none of which this series captures. The direction is reliable; the exact pass-through to a specific quote is not.
    • PCU333415333415 covers commercial and industrial refrigeration alongside residential HVAC, so it is broader than residential equipment alone.
    • The series is not seasonally adjusted, so month-to-month moves carry some seasonal noise. Comparisons here use multi-month spans to reduce that.
    • Attributing the March to July 2025 step up to refrigerant surcharges is an inference from timing, not a decomposition of the index. BLS does not publish that breakdown.
    • We do not quantify tariffs. Trade press attributes part of the increase to them and that may well be correct, but we could not isolate it in the federal data and will not publish a number we cannot source.

    Frequently asked questions

    How much has HVAC equipment actually gone up?

    Producer prices for HVAC equipment manufacturing rose 60% between the 2019 annual average and July 2026, according to BLS series PCU333415333415. Consumer prices generally rose 31% over the same period, so equipment has risen roughly twice as fast as inflation, or about 22% in real terms.

    Did the refrigerant change cause HVAC prices to spike?

    It contributed, but it is not the main cause. Equipment prices moved +1.4% across all of 2024 and then rose 3.9% between March and July 2025, which is a step change rather than a spike, and it arrived about three months after the rule took effect. Most of the cumulative increase since 2019 accumulated before A2L refrigerants entered the market.

    Can R-410A systems still be installed in 2026?

    Under federal rules, yes, if all components were manufactured or imported before January 1, 2025. EPA’s final rule published May 26, 2026 (91 FR 31284) allows that inventory to continue to be installed and removed the previous installation cutoff. New R-410A equipment cannot be manufactured or imported. Some states impose stricter rules, so confirm your state before relying on the federal position.

    Is there still a federal tax credit for a heat pump in 2026?

    No. The Section 25C Energy Efficient Home Improvement Credit, worth up to $2,000 for a qualifying heat pump, applies to property placed in service before December 31, 2025. Installation date controls rather than purchase date. State and utility rebates are separate and may still apply.

    Will HVAC prices come down?

    There is no sign of it in the data. August 2026 is the highest reading in the series and prices have risen in most months since early 2025. We take no position on forecasts, but nothing in the published federal data points to a decline.

    Are contractors marking up more than they used to?

    The measured drivers sit upstream of contractors. Equipment producer prices are up 60% and contractor hourly earnings are up 40.2%, both since 2019. Individual pricing varies, which is why comparing itemized quotes that separate equipment from labor is more useful than comparing totals.

    Cite this analysis

    The HVAC Brief. “HVAC Prices in 2026: The Data Behind the Sticker Shock.” Analysis of BLS producer price index series PCU333415333415 and consumer price index CUUR0000SA0. Published August 19, 2026. https://thehvacbrief.com/hvac-prices-2026/

    Journalists and researchers may reproduce the charts and figures with attribution to The HVAC Brief. Underlying data is public and reproducible from the BLS public API using the series identifiers named in the methodology.

    Sources

    1. US Bureau of Labor Statistics, Producer Price Index by Industry: Air Conditioning, Warm Air Heating, and Commercial and Industrial Refrigeration Equipment Manufacturing, series PCU333415333415, monthly, January 2019 to August 2026. Retrieved via the BLS Public Data API v2, api.bls.gov.
    2. US Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers, All Items, US City Average, series CUUR0000SA0.
    3. US Bureau of Labor Statistics, Current Employment Statistics, Plumbing, Heating and Air-Conditioning Contractors (NAICS 238220), series CEU2023822003 and CEU2023822001.
    4. US Environmental Protection Agency, 40 CFR 84.54, Restrictions on the use of hydrofluorocarbons, current text via eCFR.
    5. US Environmental Protection Agency, “Phasedown of Hydrofluorocarbons: Reconsideration of Certain Regulatory Requirements Promulgated Under the Technology Transitions Provisions of the American Innovation and Manufacturing Act of 2020,” final rule, 91 FR 31284, published May 26, 2026, effective July 27, 2026, RIN 2060-AW39, docket EPA-HQ-OAR-2025-0005.
    6. Internal Revenue Service, Energy Efficient Home Improvement Credit, Section 25C.
    7. New York State Department of Environmental Conservation, 6 NYCRR Part 494, Hydrofluorocarbon Standards and Reporting.

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