- US natural gas prices rose nearly 50% in July, EU benchmark power price hit ten times decade-long average
- Prices expected to remain volatile until at least 2023
- GeoSolar’s SmartGreen(R) systems help building owners achieve energy independence with photovoltaic (“PV”) solar systems and geothermal ground loops
- Additional SmartGreen(R) system customizations include tightening building envelope, insulation upgrades, LED lighting replacement, and EV charging infrastructure
- SEC recently qualified GeoSolar for Regulation A+ capital raise
Energy prices are skyrocketing, especially in Europe where the benchmark power price recently hit 1,000 euros (USD $990) per megawatt-hour – nearly ten times the decade-long average (https://ibn.fm/uXrTc). With no end in sight to the Ukraine conflict, Europeans are bracing for the worst following news that energy prices will remain “high and volatile” until at least 2023 (https://ibn.fm/8hNEF).
Accordingly, US natural gas prices rose by nearly 50% in July, dashing any hopes consumers and businesses had for declining inflation (https://ibn.fm/5g4uZ). Some building owners, however, are largely insulated from the crisis by installing GeoSolar Technologies’ SmartGreen(R) residential and commercial energy systems that tap into the power of the sun and earth to dramatically lower or eliminate utility bills.
Up to 84 million homes in the United States depend on obsolete fossil fuel-driven energy systems (https://ibn.fm/yQWPy). Not only does that leave homeowners vulnerable to price shocks similar to those seen today, but it also increases dependency on foreign powers, causes geopolitical conflict, and contributes to pollution that compromises the quality of human, animal, and plant life across the planet.
GeoSolar is dedicated to advancing technology that addresses all those issues while giving building owners energy independence. The company’s SmartGreen(R) residential and commercial energy systems harness the sun’s power through photovoltaic (“PV”) solar systems that generate electricity year-round to power appliances and charge EVs. In addition, heating and cooling needs are met with geothermal ground loops that use the earth as a heat source or heat sink, depending on the building’s temperature requirements.
Solar and geothermal systems are only part of the SmartGreen(R) equation. The system encompasses a total home energy makeover to increase efficiency, including tightening the building envelope, upgrading insulation, replacing windows, and installing LED lights. GeoSolar’s system can be optimized for any building size, type, or design, allowing owners to integrate SmartGreen(R) into new building developments or existing homes within weeks.
GeoSolar is dedicated to achieving carbon-free living by 2035. With a successful track record of installations across Colorado, GeoSolar aims to market SmartGreen(R) to over one hundred million homes across the United States with 100% financing options, tax deductions, and utility incentives. The company was recently qualified by the U.S. Securities and Exchange Commission to conduct a Regulation A+ capital raise, and additionally plans to file for an OTCQB listing on the national OTC market with the trading symbol GSOL upon offering completion.
For more information on GeoSolar’s Regulation A+ capital raise, please visit https://www.manhattanstreetcapital.com/geosolar-technologies-inc.
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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