Decarbonization is the hottest topic in the boiler industry at the moment — affecting the development of new technologies, retrofit and new build specifications and more. Throughout the country, regulations that require higher efficiency levels are spreading, and so are phased-in penalties (taxes) for not reaching aggressive emissions goals. The industry is shifting its focus to ensure the next generation of boilers will help customers meet these challenges.
Under the federal Inflation Reduction Act (IRA), billions of dollars are now available to building owners and homeowners who make the switch to a high-efficiency or electric boiler. Investing in efficient technologies can come with a high up-front price tag for homeowners or facilities. These incentives will provide financial relief, encouraging a faster adoption of more sustainable boiler technology.