Latest News by Industry
MILWAUKEE, Sept. 22, 2022 /PRNewswire/ -- Johnson Controls, the global leader for smart, healthy and sustainable buildings, is making residential energy efficiency more affordable and accessible for homeowners through robust financing options and rebates intended to maximize newly announced savings available through the Inflation Reduction Act. With higher-efficiency HVAC equipment from Johnson Controls, homeowners can reduce their heating and cooling costs by as much as 50% compared to low-efficiency systems.
Signed into law on August 16, the federally funded Inflation Reduction Act consists of a record $370 billion reserved spending for climate and energy initiatives. It offers homeowners an opportunity to save on the cost of replacing or upgrading their HVAC systems with higher-efficiency equipment that can lower their energy consumption and utility bills while working toward the goal of reducing Americans' carbon footprint by 40% by 2030.
With support from a trusted HVAC contractor and Johnson Controls brands such as YORK®, Luxaire®, Coleman®, Champion® and Fraser-Johnston®, homeowners can combine financing options, tax incentives and Johnson Controls rebates to achieve considerable savings and a reduced carbon footprint with a higher-efficiency home comfort system.
"The Inflation Reduction Act provides an unprecedented opportunity for homeowners to significantly reduce carbon emissions while lowering the financial burden of increasing energy costs," said Katie McGinty, vice president and chief sustainability and external relations officer, Johnson Controls. "Energy costs are spiraling, wars are being fought with energy being used as a weapon and severe weather events show the destructive power of climate change. At this difficult time, Johnson Controls is stepping up to support our customers with solutions that cut costs while helping to reduce emissions."
Since 1885, sustainability has been at the heart of the company's business. In 2021, Johnson Controls announced a commitment to reduce absolute Scope 3 emissions by 16% and Scope 1 and 2 emissions by 55% before 2030. The company has also committed to invest approximately 75% of new product R&D in climate-related innovation to develop sustainable products and services, such as transitioning to low-GWP refrigerants and innovations in electric heat pump technology. In addition to helping customers achieve their net zero goals, Johnson Controls is continuing to take significant steps to further its long-standing leadership, including by pledging to achieve net zero carbon by 2040.
To help homeowners take advantage of the clean energy incentives available, Johnson Controls has compiled the latest available resources to help reduce upfront costs and provide savings during tax season.
Programs to Maximize Savings on Energy-Efficient HVAC Systems:
Eligible products include high-efficiency air conditioners, furnaces, and heat pumps. For more information on these high-efficiency systems and savings, contact your local YORK®, Luxaire®, Coleman®, Champion®, Fraser-Johnston®, Guardian® or Evcon™ dealer.
Media Contact:
Ryan Nolan
Public Relations Program Manager
Building Technologies & Solutions, Johnson Controls
Mobile: +1 414-378-9641
Ryan.P.Nolan@jci.com
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.
Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.
Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.
Visit www.johnsoncontrols.com for more information and follow @JohnsonControls on social platforms.
View original content to download multimedia: https://www.prnewswire.com/news-releases/johnson-controls-helps-homeowners-maximize-higher-efficiency-hvac-savings-including-inflation-reduction-act-incentives-301631416.html
SOURCE Johnson Controls International plc