A.O. Smith has a conservative capital structure with more cash on hand than outstanding debt. At the end of the fourth quarter of 2024, the firm had $193 million in total debt and $276 million in cash ...

HORRIBLE experience. Never again. I wish I had read the reviews before buying the Rheem 80 Gallon Platinum Hybrid water heater. The service is terrible. Nine days after installing the alarm goes ...

Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in ...

Rheem manufactures water heaters for residential and commercial applications. The company offers a variety of gas, electric and tankless water heaters and reports to feature energy-efficient ...

Rheem®, a leading manufacturer and household name in the water heating and HVAC/R industry, kicked off the New Year with the ...

A Biden administration ban on certain natural gas water heaters as part of the lame duck president’s climate agenda could send prices soaring for the elderly and the poor. Under the policy ...

Among the actions President Joe Biden took was to ban certain natural gas water heaters, a move many said could send prices soaring, especially for the elderly and the poor. Here's what you should ...

The Biden administration is banning certain natural gas water heaters from the market as part of its climate change agenda, a move critics say will jack up energy costs for low-income and senior ...

Learn more › Few upgrades have the same kind of tangible effect on your home’s experience as a tankless water heater. These appliances provide a constant stream of hot water without relying on ...

Setting the right water heater temperature isn’t just about comfort -- it can protect your skin and help you save money. Taylor Martin has covered technology online for over six years.

Water heater manufacturers A.O. Smith, Bradford White, and Rheem all supported the standards, as did a major trade organization that represents such manufacturers, a DOE spokesperson tells Nexstar.