The HVAC/R field is one that has been and will be around for many decades. People will always have the need to insulate themselves for the environment. Heat in the cold, Cooling in the heat, Food preservation, and Reduction of Energy Consumption are just some of the more important aspects of the trade.
The U.S. Bureau of Labor Statistics (BLS) reported median annual salaries for heating and air conditioning technicians, also known as HVACR (heating, air conditioning and refrigeration) technicians, of $43,640 in May 2012 (www.bls.gov). Apprentices can expect to earn about half the hourly wage paid to their more experienced co-workers, but as they gain experience and knowledge, rates will typically increase.
The BLS reported that general heating, air conditioning and refrigeration mechanics and installers earned an average annual salary of $46,110 as of May 2013. The BLS reported that in the same year, the bottom 10% of workers made $27,210 or less a year, while the top 10% of professionals earned $69,740 or more a year.
Fields and average salaries
Professional, Scientific, and Technical Services, $55,110/year
Transportation and Warehousing, $54,890/year
Finance and Insuranc,e $50,740/year
Arts, Entertainment, and Recreation, $50,660/year
Accommodation and Food Services, $41,790/year
Retail Trade, $45,010/year
Other Services (except Public Administration), $45,580/year
Educational Services, $45,660/year
The heating, ventilation and air conditioning industry is growing rapidly and job opportunities exist in all areas, including installation, service, and sales. The BLS projected that employment of qualified technicians is expected to increase 34 percent from 2010-2020 (www.bls.gov). This predicted growth is based on the need for new climate-control systems, the large number of existing systems that will need to be replaced and the increasingly complex technology of newer systems.