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Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump
Carrier is pivoting to capture the booming market for climate-friendly home heat pumps as federal and state government offer tax credits and rebates.
The federal government, as well as an increasing number of states, are offering consumers attractive tax credits and rebates for buying and installing heat pump systems as a way to reduce climate-warming greenhouse gas emissions and propel the transition to renewable energy. After being spun off from United Technologies — its parent since 1979 — in 2020, and then divesting several non-HVAC businesses, Carrier made its biggest bet yet on the heat pump boom when it acquired Germany's Viessmann Climate Solutions for roughly $13 billion last April. Leveraging that knowledge, Carrier is providing its nationwide network of around 2,100 authorized dealers training and education programs, as well as advertising and promotional support, not only regarding heat pumps but also ancillary products, such as smart thermostats and energy storage batteries.
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