May 30, 2018, New York, New York — Today, Dandelion, a company that started at X, Alphabet’s research and development lab, launches the Dandelion Air. The Dandelion Air is a smart, all-in-one home heating and air conditioning system. It is over four times more efficient than any furnace on the market1. It is also nearly twice as efficient as a conventional air conditioning system2. The Dandelion Air’s efficiency comes from tapping into the ground as a heat source or sink.

The Dandelion Air is being sold as part of complete Dandelion Home Geothermal System for less than $20,0003, about half the cost of traditional geothermal installations. The company is also offering no-money-down loans, and payments starting at $135 per month over a 20-year term. A typical homeowner who switches from heating oil to the Dandelion Air for no-money-down is expected save ~20% annually on the cost of heating and cooling their home4. Homeowners can see if their home is eligible for a Dandelion Air on Dandelion’s website.

Unlike a conventional fuel furnace, the Dandelion Air is safe, smart, and low maintenance. Fuel free, the Dandelion Air eliminates risk of carbon monoxide poisoning and improves indoor air quality. The complete Dandelion Home Geothermal System includes the installation of underground pipes, a buffer tank for hot water, a Nest Learning Thermostat, and a smart monitoring system. The system’s smart features ensure the system is running with optimal efficiency and homeowners will save as much money as possible over time. The system has a 20+ year life expectancy.

Dandelion chose AAON (NASDAQ: AAON), a heat pump manufacturer with over 30 years of HVAC manufacturing experience, as its production partner. AAON water-source heat pumps provide heating and cooling to tens of thousands of buildings. The company employs over 2,000 people in the United States and is headquartered in Tulsa, Oklahoma.

“We’re thrilled to partner with AAON on the Dandelion Air,” said James Quazi, Co-Founder & Chief Technology Officer of Dandelion. “AAON uses state-of-the-art automation technology for precise, time-efficient production of each unit. Together, we will continue to drive up quality and drive down costs of home geothermal heating and cooling.”

Dandelion has also partnered with top tier residential HVAC installers across New York state to install the Dandelion Air. Homeowners can see if their home is eligible for the Dandelion Air and connect with a local Dandelion installer at www.dandelionenergy.com.

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About Dandelion

Dandelion’s mission is to enable the widespread adoption of home geothermal. Home geothermal is a clean, safe, and affordable alternative to fuel heating and conventional air conditioning. Before launching as an independent company in 2017, Dandelion was a project at X, the research and development lab at Google’s parent company Alphabet. Dandelion operates out of New York City. To learn more, visit us at www.dandelionenergy.com.

About AAON

AAON, Inc. is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils and controls. Since its founding in 1988, AAON has maintained a commitment to design, develop, manufacture and deliver heating and cooling products to perform beyond all expectations and demonstrate the value of AAON to our customers.

Media Contact:

Katie Ullmann

Director of Communications

katie@dandelionenergy.com

Footnotes:

1 The Dandelion Air has a Coefficient of Performance (COP) of 4.4. This means the Dandelion Air produces 4.4 units of heat for every 1 unit of electricity consumed (440% efficiency); fuel furnaces cannot achieve higher than 100% efficiency.

2 The EPA found that geoexchange systems can reduce a home’s cooling spending by 50% compared to standard air-conditioning. Source: https://www.geoexchange.org/library/renewable-and-ready/

3 This price is after a federal tax credit and state rebate

4 These estimates are for a 2,500 square foot home in the Hudson Valley. You can see assumptions and calculations here: https://dandelionenergy.com/much-money-will-i-save-poughkeepsie/