- Environmental and regulatory debates create serious challenges in implementing utility-scale renewable energy
- GeoSolar Technologies has developed a comprehensive home package that allows people to eliminate some utility bills while benefiting from government incentives to install
- The SmartGreen(TM) Home system can be used in any climate and utilizes solar, geothermal, heat pump and other leading technologies to maximize a home’s efficiency and minimize use of fossil fuels
When it comes to climate change, people want answers, not more arguments. In theory, the idea of converting the U.S. to renewable energies sounds easy enough but peeling back layers of the onion reveals one obstacle after another. While advocacy groups, industries, and politicians wrangle over utility-scale details regarding transmission, environmental concerns, and more, there are many solutions at the homeowner level that can be implemented today with the support of some healthy government financial incentives.
Achieving scale for renewable energy with today’s infrastructure is fraught with challenges. For starters, there must be enough contiguous land that the landowner is willing to agree upon for a project. It can’t be close enough to threaten the survival of any plants or animals that call that habitat home. Often, once a place is identified that meets the criteria, it is too far from any infrastructure to tie-into the electricity grid, so it’s a moot point.
In short, and it may seem completely counter-intuitive, there is no shortfall of environmental opposition and government regulations keeping a thumb on expansion of large-scale renewable energy initiatives. For homeowners, an answer can be to get off the grid completely.
GeoSolar Technologies (“GST”) is a Colorado-based climate technology company that has developed the Smart Green Home(R) system. A SmartGreen(TM) Home utilizes natural energy sources from the ground and sun to heat, cool, and electrify homes without the need for any fossil fuels.
The house’s electricity demand is generated from rooftop solar panels. The HVAC (heating, ventilation, and air conditioning) consists of a geothermal unit where air is pumped through pressurized pipes called “ground loops” that benefit from the consistent temperature of the earth only a few feet underground. The HVAC system uses an electric heat pump rather than natural gas, fuel oil, or propane, which equates to far fewer carbon emissions.
Electric heat pumps are applicable regardless of climate and lauded for being up to 5x more energy efficient than conventional heating systems, according to the nonprofit Rewiring America. While more expensive upfront, homeowners recoup the initial investment over time while contributing to decarbonization goals. Furthermore, governments are not being shy about incentivizing homeowners to make the switch to electric heat pumps.
The amount of rebate to install an electric heat pump is scaled according to household income and can include coverage up to $8,000, or essentially 100 percent of the expense for a small home. Rewiring America provides a calculator for estimations on savings available and a guide for additional information on the recently passed Inflation Reduction Act that has earmarked nearly $400 billion to assist in meeting emissions targets.
Large government incentives are also available for geothermal and solar units. For instance, an uncapped 30% tax credit is available for installing a geothermal heating system currently.
A SmartGreen(TM) Home system by GeoSolar Technologies includes multiple green improvements to maximize a home’s efficiency while minimizing carbon footprint. Electric vehicle chargers are available and from the rooftop solar system. An audit is performed to ensure the structure’s “envelope” is properly insulated without air leaks and that the home doesn’t include mold, asbestos, or other toxic materials. The system also comes with CERV(R) Air Filtration for healthy and safe indoor air quality that prevents COVID-19 and other pollutants, LED lighting, and state-of-the-art digital air and energy monitoring technology. The Company controls the entire process from initial analysis through job completion.
Any home, albeit new construction or an existing house, is a candidate to become a SmartGreen(TM) Home. Adding features like solar not only reduces or eliminates some utility bills, but it can also increase the value of the property. According to Zillow, a home with solar panels sells for about 4 percent higher than a comparable home without solar.
When multiple improvements are on the docket, such as with a SmartGreen(TM) Home, homeowners are encouraged to frequently check on rebates and tax credits available at all levels, from local to federal.
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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