Trane Technologies Completes the U.S. Department of Energy’s Residential Cold Climate Heat Pump Challenge with Exceptional Performance
Trane Technologies plc (TT)
Company Research
Source: Business Wire
Company’s prototype enabled 15-20% average energy bill savings SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its successful completion of the U.S. Department of Energy’s (DOE) Residential Cold Climate Heat Pump (CCHP) Challenge for high-efficiency heating in extremely cold temperatures.After surpassing DOE laboratory tests, the Trane® high-efficiency, Cold Climate Heat Pump prototype, installed at a Boise, Idaho residence, successfully warmed the home for two winters by extracting heat from the air – relying on its backup electric heat strip only 10% of the time. During field trials over two full summer and winter seasons of cooling and heating, the prototype delivered the homeowner 15-20% average energy bill savings.“We were confident going into the Cold Climate Heat Pump Challenge in our ability to deliver cutting-edge, highly-efficient climate control solutions – the results were outstanding and we’re proud of our pe
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- Trane Technologies Recognized for its Uplifting Culture by U.S. News & World Report and Great Place to WorkBusiness Wire
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Earnings
- 4/30/24 - Beat
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Sec Filings
- 6/28/24 - Form 11-K
- 6/28/24 - Form 11-K
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- TT's page on the SEC website