How a 1940s GeoThermal PumpTechnology Can Slash Your Energy Bills in 2023!
The Inflation Reduction Act (IRA) offers Americans significant tax credits for heating or cooling system upgrades.
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Geothermal heat pumps harness the Earth's consistent underground temperature to regulate building climates.
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These systems can lead to annual savings of around $1,500, as per the EPA.
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Geothermal pumps differ from air-source pumps by using the earth instead of outside air.
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The average cost of a geothermal heat pump installation is about $24,000, but tax credits can reduce this.
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Recent heatwaves have pushed temperatures to record levels, emphasizing the need for efficient cooling.
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Colorado's "Heat Beneath Your Feet" initiative promotes geothermal system adoption.
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Technological advancements are making geothermal systems more accessible and efficient.
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