GeoSolar Technologies Inc. Poised to Benefit as the Inflation Reduction Act Encourages Homeowners to Go Green
Jan 9, 2023
- The Inflation Reduction Act provides consumers with rebates and tax credits towards energy-efficient purchases
- Homeowners will be able to claim as much as $14,000 per household, with the largest credits destined towards the purchase of heat pumps
- GeoSolar Technologies is a key supplier of heat pumps to North American households as part of its revolutionary SmartGreen(TM) Home solution
- Its renewable energy systems enable households to lower both, their carbon footprint as well as their utility bill outlay
Starting January 1st, 2023, going green could be the most cost-effective option for you. The recently passed Inflation Reduction Act provides consumers and homeowners with a host of rebates and tax credits towards energy-efficient purchases, such as appliances, electric vehicles and solar panels. In fact, homeowners could be eligible for rebates amounting to as much as $14,000 for the purchase of energy-efficient items, with the largest credits and rebates available for heat pumps, a high-efficiency system that heats and cools homes in place of conventional furnaces or air conditioners (https://ibn.fm/fRyVL).
“While the upfront cost for a heat pump may be higher, these incentives will definitely help. And over the long term, you might save money depending upon where you live and what fuel and electricity cost in…
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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