- Natural gas prices quadrupled over the last two years
- Electrification presented as solution to rising energy costs, global warming, and fossil fuel dependence
- Inflation Reduction Act of 2022 helps ease transition with rebates and tax credits for heat pumps
- GeoSolar’s SmartGreen(TM) Home system offers a total-home makeover, including geothermal-powered heat pump, solar panels, upgrades to insulation, windows, and lighting systems
Natural gas prices have quadrupled over the last two years (https://ibn.fm/9Kd0s). Upward pressure on prices coupled with government incentives are leading consumers to seek electric-based solutions to heat and power their homes. GeoSolar Technologies (“GST”), a climate technology company based in Colorado, helps homeowners fully maximize the shift to electrification with their SmartGreen(TM) whole-home renewable energy systems that leverage electric power while lowering bills, reducing carbon emissions, and providing unparalleled energy efficiency.
Electrification is increasingly presented as a solution to rising energy costs, making SmartGreen(TM) a viable alternative that can either drastically lower or eliminate utility bills. In addition, the Inflation Reduction Act of 2022 is helping ease the transition with rebates and tax credits for heat pumps, making them more affordable in an environment of constantly increasing energy prices (https://ibn.fm/5nilP).
“Ending America’s overreliance on other nations to power our clean energy future requires decisive actions that prioritize our national security and economic prosperity—and that’s exactly why President Biden is empowering DOE to expand our use of high-tech heat pumps to save energy while manufacturing them right here in the U.S.,” said U.S. Secretary of Energy Jennifer M. Granholm. “These dollars are ready to invest in American-made clean energy technologies and our workforce to ensure lower energy costs and cleaner air and water for every American.”
GeoSolar’s SmartGreen(TM) Home system allows homeowners to leverage the benefits of an electric heat pump powered by geothermal ground loops. SmartGreen(TM) additionally taps into the power of the sun through photovoltaic rooftop solar panels to provide all the electricity required by the home to power appliances and charge electric vehicles. Besides providing homeowners with energy independence, SmartGreen(TM) improves building efficiency by upgrading insulation, windows, lighting systems, and the building envelope.
Renewable energy technology has evolved to become viable for homeowners in both warm and cool climates. As a result, GeoSolar aims to market SmartGreen(TM) to over 120 million homes across the United States with flexible options to build the system into new construction or adapt it to existing buildings.
GeoSolar is also giving the public an opportunity to get involved in the green revolution through a Regulation A+ capital raise that allows potential investors to participate with a minimum $300 investment.
For more information on GeoSolar’s Regulation A+ capital raise, please visit https://www.manhattanstreetcapital.com/geosolar-technologies-inc.
For more information, visit the company’s website at www.GeoSolarPlus.com.
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
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