Homes Leading Cause of Climate Crisis, GeoSolar Technologies Inc. at Forefront of Home Electrification Trend

• Homes contribute significantly to climate change, producing twice as much carbon dioxide emissions annually than automobiles
• GeoSolar Technologies’ SmartGreen(TM) Home system utilizes leading edge solar, geothermal and air filtration technology to offer true net zero homes that achieve some of the highest HERS index ratings in the industry
• The company recently published a webinar discussing the industry while providing comprehensive insight on SmartGreen(TM) homes, from financial to health

When it comes to greenhouse gases and carbon emissions that are polluting our atmosphere and contributing to climate change, cars are usually pointed at as the major culprit. That’s not an accurate accusation, though. As detailed by GeoSolar Technologies (“GST”) in a recent webinar available on YouTube, homes produce far more carbon dioxide than cars do and it’s not even close.

The average gasoline-powered car produces 4 tons of carbon dioxide annually. The average home doubles that, generating 8 tons of carbon dioxide each year.

After a decade of R&D, the team at GeoSolar Technologies has launched the SmartGreen(TM) home, a comprehensive makeover utilizing solar panels, geothermal, and electric heat pumps to generate clean, renewable energy to heat, cool, and power a home, albeit a new build or retrofit. The result is a house with no carbon emissions or utility bills with documented health benefits for the habitants. Houses today generally are 110+ on the 0-150 HERS(R) (Home Energy Ratings System) index, indicating highly inefficient. A SmartGreen(TM) home, as one of the most efficient, environmentally friendly homes available today, registers near 0.

GeoSolar refers to the installation process, which typically only takes a couple weeks from start to finish, as “DEP,” an acronym for decarbonization, electrification, and purification. During the modernization, the house’s shell is properly insulated, and any old, inefficient heating/cooling and non-electric components of a house are removed, replaced by solar panels on the roof, geothermal ground loops, electric heat pump, EV car charger, battery backup, and air filtration system.

With a SmartGreen(TM) home, there is no need for carbon monoxide detectors or all-house generators to protect against power outages. The electrical panel is replaced by what GeoSolar calls “SPAN,” a smart energy panel that provides a full picture of energy production and consumption.

As discussed by Dr. Ty Newell, owner of Build Equinox Smart Ventilation, the attention to air quality in a SmartGreen(TM) home distinguishes it from its peers. GeoSolar’s smart ventilation continuously monitors air quality and is highly effective against COVID-19, Valley Fever, and triggers for asthma, colds, flu, and allergies. This is particularly important considering the U.S. Environmental Protection Agency estimates that indoor pollutants are often 2-5 times higher than typical outdoor concentrations. According to Dr. Newell, the GeoSolar system puts “our health, comfort, and well-being at the forefront of the technology.” The entire system can be accessed and controlled through a smartphone.

Owing in part to drastically lower costs compared to a decade ago and growing awareness of need to transition away from fossil fuels, the home electrification trend is accelerating. The Inflation Reduction Act (“IRA”), passed into law late in 2022, should serve as a catalyst for the trend, considering incentives will cover about 40% of the cost for a homeowner to ditch natural gas, propane, or heating oil in favor of renewable energy. The IRA is leading a sea change that for the first time ever makes renewable energy for the home and vehicle less expensive than fossil fuel sources.

GeoSolar and its partners take care of the complete package for homeowners. They handle all the design, permitting, installation, commissioning, rebates, and financing to make the upgrades seamless with minimal disruption to the homeowner’s lives.

The GeoSolar team members walk the walk. Dar-Long Chan, PhD, is Director of New Product Development at GeoSolar. He left a 16-year career at Exxon where he learned in detail just how dirty fossil fuel energy is. Taking the approach to “lead fossil fuels before they lead me,” he made a personal and professional career change dedicated to clean energy transition, including moving into a SmartGreen(TM) net zero home in Colorado that uses about 25% of the energy of a traditional similar-sized house.

Stone Douglas, CEO at GeoSolar, is on a similar journey, decarbonizing and electrifying his house in California over a decade ago before it was becoming trendy. Douglas says that he made the transition purely for financial reasons and that was before all the robust incentives available today. He thinks with all the rebates and tax credits of the IRA, that homeowners can realize about a 7-year return on investment and then live without a utility bill, which he calls effectively a “tax-free dividend” of the investment made in your home, health, and environment.

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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