Plumbing News Roundup: April 2024

Plumbing News Roundup: January 2024

A lot is happening in the plumbing industry in the month of January. Continue reading our news roundup to learn more about what’s happening in the industry this month.

Questions Emerge Over Lead Pipe Replacement Partnership

Wausau will reconsider a highly anticipated public-private partnership to replace lead service lines amid questions about language in the proposed agreement and connections to a company at the center of a controversy over military housing plagued with mold, rodents and lead paint.

The City Council in December unanimously approved working with Community Infrastructure Partners, the only company to submit qualifications for the project, to replace thousands of lead service lines over a five-year span beginning this year. Mayor Katie Rosenberg in December said Wausau was making history in tackling the lead service line issue and forming an example for other communities to follow. The project, which has been lauded by state and federal officials, will cost tens of millions of dollars, some of which is grant funded.

There are continued, unresolved questions from the December 19 city council meeting about agreement language in regard to transparency as it relates to records and meetings, furthermore, additional relevant information has come up in the interim that is worthy of discussion and deliberation. So far, that language has not been added to the agreement – and no agreement has yet been signed.

To stay up to date on this partnership and project click here.

Heat Pump Water Heater Market Worth $10.2 Billion By 2028

The heat pump water heater market is expected to reach $10.2 billion by 2028 $5.2 billion in 2023, with a CAGR of 14.4% during 2023-2028, according to a new report from MarketsandMarkets. Governments around the world are enacting policies and initiatives to encourage the adoption of energy efficient technologies such as heat pump water heaters. These regulations and incentives for the use of renewable energy sources in various applications are crucial for the expansion of the heat pump water heater market. In addition, consumers benefit from federal tax credits and regional incentives provided by utilities. 

Download the full report by clicking here.

New Product Launch 

Rinnai is embarking on an ambitious and innovative program to introduce several new products in the product categories H1 – Hydrogen and DME Ready Water Heaters, H2 – Hybrid Systems and H3 – Low GWP Heat Pumps. These new products ensure the company offers a comprehensive range of heating and hot water appliances and systems suitable for both commercial and residential applications.

The program begins with the introduction of the new low GWP air source heat pumps using R290 refrigerant. This is followed by an innovative range of electric cylinders in various sizes and electric instantaneous water heaters from 21 to 27 kW. There will also be the introduction of the KCM and E series of condensing gas water heaters for light commercial and residential applications.

For the full scoop on these new products and the Rinnai expansion click here.  

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