HICKORY, KY / ACCESSWIRE / January 29, 2024 / When MRCOOL® announced the launch of the highly anticipated GeoCool® line of geothermal inverters on September 28, 2023, Managing Member Jason Ingram stated that this was “the first time MRCOOL® has ” This claim is confirmed: the GeoCool® geothermal heat pump was named #1 on ENERGY STAR’s 2024 Best Efficiency list.
“The GeoCool® line of geothermal inverters is the first of its kind in terms of efficiency, and we are honored that ENERGY STAR has recognized our efforts in developing this system,” said Jason. “We have optimized geothermal technology using DC inverter compressors in the new line, which allows the system to adjust output as needed, thereby exponentially increasing efficiency. The 49 EER system can reach 70 EER, making it one of the most efficient HVAC systems on the market.” market.”
The product launch coincides with new tax incentives and rebates for geothermal energy. These government incentives are part of the Inflation Reduction Act and are designed to reduce dependence on fossil fuels across the country by giving homeowners better access to efficient equipment such as heat pumps. Homeowners who installed geothermal systems between December 31, 2021 and December 31, 2032 can receive a tax credit equal to 30% of the total cost of the project.
“We believe the GeoCool® DC Inverter Geothermal Series is not just another line of geothermal products, but that it pushes the boundaries of ground-source HVAC systems than ever before,” said Bonnie Clymer, director of marketing and research and development. “Not only is the system’s efficiency inherently unprecedented, it is also easier to use than any other geothermal system on the market. In addition to numerous government incentives, the reasonable price relieves homeowners of most of the costs. The entire effort makes the home run more efficiently and reduce carbon emissions.”
While the tax credits above cover most of the costs associated with geothermal installations, additional information on additional federal and state rebates and credits will be released in the coming months. “These [rebates and tax credits] will especially help low-income homeowners. Ultra-efficient HVAC options will be available to more people than ever before,” said Matthew Seabaugh, Director of Business Development.
Post time: Feb-05-2024