- The home energy market represents one of the most overlooked opportunities for sustainable energy investment to dramatically reduce carbon emissions
- GeoSolar Technologies has developed a patent pending whole-house system using geothermal, solar, and more to transition to energy independent homes
- The company is preparing a Regulation A+ offering to raise capital ahead
With record temperatures in England and heat advisory warnings for one-third of the U.S. recently, there is a lot of chatter about global warming and the need for a more aggressive approach towards reducing carbon emissions. Rising gasoline prices put the emphasis on electric vehicles, but there are other opportunities that can be equally impactful that are relatively unaddressed by the media, namely the home market. On that front, GeoSolar Technologies (“GST”) is the company to get to know for its sustainable home energy innovation.
In fact, “There may not be a company in the climate technology industry that is doing more in the battle against rising global temperatures,” according to Marilyn Lopez, Partner and Co-Founder of TAG Collective. TAG is overseeing marketing efforts for GeoSolar Technologies related to the company’s upcoming Reg A+ offering to raise capital ahead of coming public.
GeoSolar is taking a holistic approach to redefine how people heat, cool, cook, power, and purify homes with 100% sustainable energy sources. The Denver-based company’s patent pending SmartGreen(TM) home system harnesses energy from the Earth and sun to naturally power homes and EVs without fossil fuels.
The whole-house system uses integrated floor loops and air ducts for heating, cooling, and hot water. Electricity is generated from a rooftop photovoltaic solar system. GeoSolar’s CERV(R) Air Filtration technology provides safe indoor air quality that prevents COVID-19 and other pollutants. The result of the system, branded GeoSolarPlus, is an efficient, energy independent, self-sustaining home that greatly reduces the homeowner’s carbon footprint.
This is a massive emerging market. In 2018, energy expenditures averaged $3,891 per person. Extrapolating that out across about 327 million people in the U.S., about $1.3 trillion was spent on energy that year. According to the Environmental Protection Agency, electricity and heat production were responsible for 25% of 2010 global greenhouse gas emissions. The burning of coal, natural gas, and oil for electricity and heat is the largest single source of global greenhouse gas emissions.
In 2021, there were an estimated 141.95 million home in America, each responsible for roughly 12,000-14,000 pounds of carbon annually. If all those homes transitioned to the SmartGreen(TM) system, pollution would be reduced by a whopping 1.9 trillion pounds each year. It’s possible, as GeoSolarPlus can be retrofitted to existing homes of built into new developments. Install only takes a few weeks.
GeoSolar brings it all to the table to upgrade a home. The process is robust, starting with an initial analysis by an environmental inspector and design work, through the actual upgrades, such as decontamination and insulation, geothermal drilling, and installation, well drilling, purification system, and solar PV system installation. The package even includes all new LED lights, electric car charging station, digital thermostat, and application for controlling and monitoring air quality and energy usage.
The SmartGreen(TM) home technology has been installed in multiple test homes in Colorado and achieved exceptional results with some of the most impressive energy efficiency ratings (“HERS”) in the industry.
“With GST’s SmartGreen(TM) technology, we’re not just using the latest in solar and battery storage, we’re introducing a whole new and cleaner eco-luxurious lifestyle,” says Stone Douglass, Chairman and Chief Executive Officer of GeoSolar.
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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