• Over 30% of greenhouse emissions originate from households, making tackling them a matter of key importance within the global climate control agenda
• Recent trials with fossil-fuel free homes in Colorado and Massachusetts could help drive the transition towards renewable-based electricity sources
• GeoSolar Technologies’ SmartGreen(TM) Home solution seeks to leverage upon solar and geothermal energy to power homes, helping them lower carbon emissions whilst gaining energy self sufficiency
• Fiscal legislation has increasingly shifted towards the promotion of renewable energy sources for residential uses

The average monthly utility bill in the community of Arvada, Colorado is seven dollars. The community, a residential enclave situated midway between the cities of Boulder and Denver, has established itself as one of the greenest neighborhoods in the United States, powering its homes and businesses exclusively through a combination of solar and geothermal energy (https://ibn.fm/723Ic). With thirty percent of total greenhouse gases originating from households, addressing rising home emissions is a key priority within the global climate change agenda. It is also the challenge that GeoSolar Technologies (“GST”), a Colorado-based climate technology company, has sought to address through its proprietary SmartGreen(TM) Home system, which is designed to harness energy from the earth and sun to power and purify homes including Arvada’s 28 unit GEOS Neighborhood and automobiles without the use of fossil fuels.

In early August, Massachusetts signed a major climate bill into law laying out the key initiatives designed to usher the state to its goal of achieving net-zero emissions by 2050. To get there, the state’s climate roadmap calls for widespread electrification of homes, primarily through the use of heat pumps that use electricity to heat and cool homes. To that end, the State Governor has mandated that 10 communities in the state will participate in a pilot program prohibiting the use of fossil fuels in new buildings and major renovations (https://ibn.fm/xnXBl).

“Ultimately, we need to stop building with fossil fuels, and the easiest way to decarbonize our buildings is for them not to be carbon-full from the beginning,” said Amy Boyd, policy director of the clean energy advocacy group Acadia Center. “The more we keep building with fossil fuels, the harder it’s going to be.”

GeoSolar Technologies has sought to position for exactly such a change, through the launch of their revolutionary SmartGreen(TM) Home system. In its bid to transform every aspect of the living experience for the better, GeoSolar’s proprietary technology seeks to harness both, the power of the sun and earth to fully electrify homes. From solar panels on roofs through to geothermal heat pumps which take advantage of the warmth of the earth’s core and advanced CERV 2 air purification systems designed to manage indoor air quality in an efficient and intelligent manner, the SmartGreen(TM) Home system has been designed to dramatically increase the energy efficiency of a conventional household. Ultimately, the technology will seek to void the need for a home to depend on carbon-powered utilities or face increasingly exorbitant energy costs subject to volatile fossil fuel commodity prices (https://www.geosolarplus.org/new-homes).

GeoSolar Technologies has already successfully installed its revolutionary residential technology in multiple test homes across the state of Colorado, with tests revealing that households using the SmartGreen(TM) Home system boasted some of the most impressive energy efficiency ratings (https://ibn.fm/Ux503) in the sector. More importantly, GeoSolar’s SmartGreen(TM) Home energy solution will also help homeowners benefit from upcoming legislation designed to support the deployment of clean energy fuel sources within households. 

Recently, Colorado Governor Jared Polis launched the ‘Heath Beneath our Feet’ initiative, designed to examine the barriers and opportunities relating to the use of geothermal technology. Polis, who serves as the chair of the Western Governors Association, said he believes this could help bring Colorado to 100% renewable energy by 2040 (https://ibn.fm/1cloJ).

“We don’t know what exactly [the renewable energy sector is] going to look like 10 years from now. But we know there’s extraordinarily promising opportunities. So, let’s do what we can now,” said Sen. Nick Hinrichsen, D-Pueblo.

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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