Carrier Global Corporation ($CARR)

HR6759 is an early-stage introductory bill authorizing a small-scale Defense Department pilot for moisture control and mold remediation technologies at 3-5 military bases. No funding is specified, no appropriations exist, and the bill remains referred to committee with no legislative velocity. There is zero near-term market impact.

S.3722, the Lowering Home Energy Costs Act, is an early-stage bill (referred to Finance Committee January 29, 2026) that extends three expiring residential energy tax credits (25D solar/battery, 45L efficient new homes, 25C efficient home improvements) through 2032. The bill has no near-term market impact — it is far from passage. If enacted, the most direct beneficiaries are residential HVAC manufacturers Carrier ($CARR) and Trane ($TT) via restoration of the 25C heat pump/AC credit, and residential solar equipment makers Enphase ($ENPH) and SolarEdge ($SEDG) via extension of the 25D solar credit. This bill extends existing policy; it creates no new spending, only continuation of tax credits that were set to expire.

→ Homeowners can claim a 30% tax credit (up to $2,000) on qualifying heat pump installations and up to $600 on eligible central AC and gas furnaces installed through December 31, 2032. This reduces the effective out-of-pocket cost for a heat pump by an average of $1,500-$2,000, directly improving the payback period and adoption rate for heat pumps vs. conventional AC-only replacements.