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State: 17.08.2024 | 11PM
Thu, 24.10.2024       Nature's Miracle
US63903P1003

~ Launch of Rebate Division is Expected to Boost Sales and Margins as Program will Offset the Cost of LED Product Installation ~

ONTARIO, Calif., Oct. 24, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced it has launched a wholly owned subsidiary, NM Rebate Inc., to facilitate the Company's energy rebate financing segment.

Due to the Inflation Reduction Act, many utility companies offer rebates to commercial customers who upgrade to more energy efficient lighting, such as LED lights. These rebates can help offset the initial cost of installation and future electric bills. They can also apply to new construction and upgrades, and even LED replacements.

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