The American economic crisis has been making headlines all over the world for a few months but the US is not alone when it comes to financial difficulties. Various countries around the world have suffered severe economic meltdowns (Iceland and Ukraine just to name a few). The UK has also been having serious economic troubles as well, especially in the housing industry. There has been a twelve percent drop in the price of homes in the UK in the last twelve months. We ask - has the heating and plumbing industry been affected by this?
Initial evidence shows that the economic downturn hasn't slowed down business for the plumbing and heating industry as much as it has for other industries. There are a few companies that have reported a drop in billable hours, but for the most part, business has remained steady. The real change has been in the kind of work that the heating and plumbing engineers are being hired to do.
Up to last year, when the housing market was on an upswing, many heating and plumbing engineers were hired to create completely new plumbing and heating or cooling systems. In many ways, a new house and would often lead to completely new plumbing and heating system to be designed and installed. Now that the housing market has slowed down, home owners are more concerned with making sure their current systems will last as long as possible, while keeping costs down.
In recent months professional heating and plumbing engineers are being hired to undertake renovations and repairs to kitchens and bathrooms, as well as necessary refurbishments of cooling and heating systems. While on such jobs, the plumbers and heating engineers spend most of their billable time ensuring that a home's vents and drains are working correctly and carrying out replacements and repairs for water systems such as hot water cylinders and older boilers.
Heating and plumbing professionals do appreciate the work they are winning in this difficult economic climate. They acknowledge that the work may not always be challenging or interesting. Installing a combination boiler is not quite as exciting as designing and fitting an entirely new piping and plumbing and heating system in a new home. It is, however, a reliable stream of work and enables them to pay their bills.
Some plumbing and heating professionals have reported that expanding their business to include environmentally friendly methods has helped them find new clients generate billable hours. UK residents are turning their focus on being "green" and environmentally friendly. As such there is growing interest in heating and plumbing professionals that can help make sure that their homes have the smallest carbon footprint possible.
The simple fact remains that even though the economy is clearly slowing down, the heating and plumbing industry will be able to stay fairly stable because of the simpler jobs of renovations and repairs and periodic maintenance. Engineers who are up to date on "green" technologies will also be able to bring in a fair amount of work each week. It is important for heating and plumbing engineers to be flexible. The more flexible an engineer can be, the more likely they are to survive no matter what the economic conditions are. - 16928
Initial evidence shows that the economic downturn hasn't slowed down business for the plumbing and heating industry as much as it has for other industries. There are a few companies that have reported a drop in billable hours, but for the most part, business has remained steady. The real change has been in the kind of work that the heating and plumbing engineers are being hired to do.
Up to last year, when the housing market was on an upswing, many heating and plumbing engineers were hired to create completely new plumbing and heating or cooling systems. In many ways, a new house and would often lead to completely new plumbing and heating system to be designed and installed. Now that the housing market has slowed down, home owners are more concerned with making sure their current systems will last as long as possible, while keeping costs down.
In recent months professional heating and plumbing engineers are being hired to undertake renovations and repairs to kitchens and bathrooms, as well as necessary refurbishments of cooling and heating systems. While on such jobs, the plumbers and heating engineers spend most of their billable time ensuring that a home's vents and drains are working correctly and carrying out replacements and repairs for water systems such as hot water cylinders and older boilers.
Heating and plumbing professionals do appreciate the work they are winning in this difficult economic climate. They acknowledge that the work may not always be challenging or interesting. Installing a combination boiler is not quite as exciting as designing and fitting an entirely new piping and plumbing and heating system in a new home. It is, however, a reliable stream of work and enables them to pay their bills.
Some plumbing and heating professionals have reported that expanding their business to include environmentally friendly methods has helped them find new clients generate billable hours. UK residents are turning their focus on being "green" and environmentally friendly. As such there is growing interest in heating and plumbing professionals that can help make sure that their homes have the smallest carbon footprint possible.
The simple fact remains that even though the economy is clearly slowing down, the heating and plumbing industry will be able to stay fairly stable because of the simpler jobs of renovations and repairs and periodic maintenance. Engineers who are up to date on "green" technologies will also be able to bring in a fair amount of work each week. It is important for heating and plumbing engineers to be flexible. The more flexible an engineer can be, the more likely they are to survive no matter what the economic conditions are. - 16928
About the Author:
Tal Potishman, editor of Heating Central, writes articles about high efficiency heating, boilers, Bristol plumbers, underfloor heating and solar thermal. He specializes in helping save money by advising on efficient heating.
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