The Inflation Reduction Act (IRA) has paved the way for Americans to receive substantial tax credits when upgrading their heating or cooling systems. Geothermal heat pumps, a technology from the 1940s, offer lucrative energy savings and tax benefits. A geothermal heat pump, or ground-source heat pump, harnesses the Earth’s natural heat to regulate building temperatures. The ground remains at a consistent temperature several feet below our homes, irrespective of the season. During summer, these pumps transfer heat from homes into the ground, and in winter, they do the opposite. Instead of generating heat through dirty energy sources, geothermal systems efficiently … Continue reading How a 1940s Geothermal Pump Technology Can Slash Your Energy Bills in 2023!