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Rheem Manufacturing Company is a privately held manufacturer who produces residential and commercial water heaters, boilers, heating, ventilating and air conditioning (HVAC) equipment. The company also produces and sells products under the Ruud brand name.
The 2008 spike in funding was needed to address the sharp increase in home heating oil. The recent decrease in allocations prior to 2008 levels may not be enough to handle the continued climbing of heating costs and its effect on many households with low incomes. Not only are fuel prices continuing to increase, program recipients are on the rise.