←back to thread

America's new millionaire class: Plumbers and HVAC entrepreneurs

(www.wsj.com)
185 points hhs | 1 comments | 13 Oct 24 15:35 UTC | HN request time: 0.192s | source
Show context
hoofhearted ◴[13 Oct 24 17:30 UTC] No.41829823[source]▶
My theory behind the big private equity play behind buying up all the HVAC companies is that some smart people on wall street realized that R22 refrigerant was banned, and basically any system using R22 that was installed before 2010 will have to be replaced in the coming years because you can’t find the refrigerant needed to charge your system.
replies(6): >>41829903 #>>41830161 #>>41831602 #>>41831784 #>>41832884 #>>41837392 #
1. bilsbie ◴[13 Oct 24 18:11 UTC] No.41830161[source]▶
It seems like it’s changing every year. Why can’t we just settle on one standard and let us start lowering costs again? I shouldn’t have to pay 10k to replace my AC.

(I like the idea of using propane as a refrigerant. Surprisingly efficient. Very cheap. And I don’t think there’s enough to be more dangerous than a grill?)