Enphase Energy Expands Battery Storage in Rhode Island
July 11 2022 - 8:00AM
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology
company and the world's leading supplier of microinverter-based
solar and battery systems, announced today that installers of
Enphase® products in Rhode Island have seen growing deployments of
Enphase Energy Systems powered by IQ® Microinverters and IQ™
Batteries as increasingly common hurricanes and extreme weather
leave homeowners highly vulnerable to power outages.
Residential battery capacity in Rhode Island is increasing
year-over-year with forecasts estimating deployments will more than
quadruple by the end of 2026, according to the most recent U.S.
Energy Storage Monitor report from the Energy Storage Association
and Wood Mackenzie.
“With their premium performance, Enphase Energy Systems unlock
more energy independence and value for homeowners,” said Hyrum
Bond, owner at Rooftop Power, an Enphase Gold level installer.
“We’re seeing an increasing number of homeowners in Rhode Island
choose to pair IQ Batteries with solar to further maximize their
solar systems and provide more peace of mind.”
Homeowners in Rhode Island can now also choose to install
Enphase’s IQ8™ Microinverters. IQ8 microinverter-based systems can
provide Sunlight Backup™ during an outage, even without a battery.
For homeowners who want battery backup, there are no sizing
restrictions on pairing Enphase IQ Batteries with IQ8
Microinverters. In addition, with the Sunlight Jump Start™ feature,
IQ8 Microinverters can restart a home energy system using sunlight
only after prolonged grid outages that may result in a fully
depleted battery. This eliminates the need for a manual restart of
the system and gives homeowners even greater resilience.
“Enphase shares our company values of customer first,” said Jay
Gotra, chief executive officer at Smart Green Solar, an Enphase
Silver level installer. “I value how focused the company is on a
superior customer experience. I would not trust any other brand for
our customers solar and battery technology needs. New England
homeowners living near the coast have come to expect the threat of
hurricanes and power outages every year, but with Enphase products,
our customers can sleep sound knowing they have one of the safest
and most reliable backup solutions on the market.”
Rhode Island homeowners in National Grid territory can also earn
around $1,500 per year depending on the battery system and setting,
by enrolling their Enphase IQ Batteries in the ConnectedSolutions
program. Through the ConnectedSolutions program, homeowners are
compensated for allowing their batteries to discharge during peak
demand events to help stabilize the grid.
“The sun is all that is needed to increase energy resilience and
power home essentials when the grid is down,” said Mike Sullivan,
director of operations at NEC Solar, an Enphase Silver level
installer. “Our customers with IQ Batteries are also excited to
participate in ConnectedSolutions to help support the grid while
continuing to have backup power and peace of mind.”
Enphase delivers a safer solar-plus-battery solution that does
not expose installers or homeowners to high-voltage direct current
(DC). Enphase IQ Batteries feature Lithium Iron Phosphate (LFP)
battery chemistry, which provides a long cycle life and safer
operation through excellent thermal stability. The batteries are
equipped with Enphase Power Start™ technology, which helps
seamlessly power up air conditioners and well-pumps. The Enphase IQ
Batteries accommodate over-the-air software upgrades and come with
a 10-year limited warranty, while Enphase IQ8 solar microinverters
come with a 25-year limited warranty.
“Enphase is committed to working with our installer network in
Rhode Island to meet the increasing demand for solar and batteries
so that homeowners can not only invest in their own energy
generation capabilities, but also in their backup power to help
protect their families during grid outages,” said Dave Ranhoff,
chief commercial officer at Enphase Energy. “We are dedicated to
providing industry-leading customer service to help ensure that
anyone who uses our products has an outstanding experience.”
For more information about Enphase IQ Batteries and IQ8
Microinverters, please visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in
Fremont, CA, is the world's leading supplier of microinverter-based
solar and battery systems that enable people to harness the sun to
make, use, save, and sell their own power—and control it all with a
smart mobile app. The company revolutionized the solar industry
with its microinverter-based technology and builds all-in-one
solar, battery, and software solutions. Enphase has shipped more
than 45 million microinverters, and over 2.0 million Enphase-based
systems have been deployed in more than 135 countries. For more
information, visit https://www.enphase.com and follow the
company on Facebook, LinkedIn and Twitter.
© 2022 Enphase Energy, Inc. All rights reserved. Enphase, the
"e" logo, IQ, IQ8, Sunlight Backup, Sunlight Jump Start, Power
Start, and certain other names and marks are trademarks of Enphase
Energy, Inc. Other names are for informational purposes and may be
trademarks of their respective owners.
Forward-Looking Statements
This press release may contain forward-looking statements,
including statements related to the expected capabilities and
performance of Enphase Energy’s technology and products, including
safety, quality and reliability; the availability and market
adoption of Enphase products; market demand for residential solar
and battery deployments; and growth in deployments of Enphase
Energy Systems. These forward-looking statements are based on
Enphase’s current expectations and inherently involve significant
risks and uncertainties. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of certain risks and
uncertainties, including those risks described in more detail in
Enphase’s most recently filed Quarterly Report on Form 10-Q for the
quarter ended March 31, 2022, its Annual Report on Form 10-K for
the year ended December 31, 2021 and other documents on file with
the SEC from time to time, which are available on the SEC’s website
at https://www.sec.gov/. Enphase Energy undertakes no duty or
obligation to update any forward-looking statements contained in
this release as a result of new information, future events, or
changes in its expectations, except as required by law.
Contact:
Enphase Energy press@enphaseenergy.com
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