An Energy Recovery Ventilator (ERV) / Heat Recovery Ventilator (HRV) is an equipment that transfers heat (and moisture) between intake and exhaust air streams in a building’s ventilation system. The key component of an ERV / HRV system is the heat exchanger core which exchanges heat (sensible energy) and moisture (latent energy). By transferring heat (and moisture) from incoming air to exhaust air during the summer, an ERV / HRV system can reduce the load on the air conditioning system dramatically. During the winter, the same system will transfer heat (and moisture) from the exhaust air into the coming stream to reduce the load on the furnace or heating system.