Why Solar Panels Alone Can’t Protect Homeowners from Grid Outages

NeoVolta NV14 Energy Storage System Provides Solution to Solar Owners Wanting Blackout Protection

San Diego, CA, November 18, 2019 – NEOVOLTA INC. (OTCQB: NEOV) – Catastrophic wildfires and power shutdowns have many Californians looking to solar energy as an alternative to the grid. But an unfortunate reality is that despite all the benefits it brings, rooftop solar panels alone will not operate or provide backup power if the grid goes down. For grid-tied solar panels to operate during a blackout, they must be paired with an energy storage system. These systems take the energy generated by solar panels and store it in a battery for later use.

One of the most powerful residential storage systems comes from San Diego: the NeoVolta NV14. When the lights go out, the NV14 automatically disconnects from the grid and immediately starts powering the essential loads needed to stay comfortable and connected during a crisis. With a high storage capacity of 14.4 kilowatt hours and 7.6 kW of continuous power, the NV14 easily outperforms competitors in its class. Homeowners who need even more storage capacity can add a second battery (the NV24) and avoid the expense of installing another entire system; this option will be available in December 2019.

Unlike most energy storage systems on the market, the NeoVolta NV14 uses advanced lithium iron phosphate chemistry in its battery. Lithium iron phosphate batteries have been proven to be safer, cleaner, and longer lasting than ordinary lithium ion batteries.

The NV14 can connect with any residential solar installation—new or existing, AC or DC—allowing homeowners to design a system that is tailored to their needs. With the NeoVolta smartphone app, users can monitor system performance 24/7.

The NV14 is currently being installed in Southern California but will be expanding to Northern California in the next six months.

Along with energy security and peace of mind, the NV14 offers homeowners significant savings. When conditions are normal and the grid is up, the solar energy stored in its battery is used during evening “peak demand” hours when utility rates are often twice as high.

“Prolonged power outages are now a fact of life for California and will be for many years to come,” said Brent Willson, CEO of NeoVolta. “Every resident needs to be prepared for these emergencies. If you have rooftop solar or plan to have it installed, the best solution to make your home resilient is the NV14 home energy storage system.”

About NeoVolta

NeoVolta designs, develops, and manufactures advanced energy storage systems for both residential and industrial use. Its storage solutions are engineered with Lithium-Iron Phosphate (LiFe(PO4)) battery chemistry, which is clean, nontoxic, and nonflammable. The residential-focused NeoVolta NV14 is equipped with a solar rechargeable 14.4 kWh battery system, a 7,680-Watt inverter, and a web-based energy management system with 24/7 monitoring. The system’s 6,000-cycle battery life, one of the longest on the market, translates to 16.5 years of useful life, based on a full charge, and discharge each day. The NV14 has passed the product safety standards set forth by Underwriters Laboratories (UL) for battery energy storage safety testing.

For more information visit: NeoVolta.com email us: [email protected] or call us: 858-239-2029

 

Forward-Looking Statements

Certain statements in this news release constitute forward-looking information within the meaning of applicable securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects,” “believes,” “anticipates,” “budget,“ scheduled,” “estimates,” “forecasts,” “intends,” “plans,” and variations of such words and phrases, or by statements that certain actions, events or results “may,” “will,” “could,” “would,” or “might,” “be taken,” “occur,” or “be achieved.” Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, expected growth, results of operations, performance, industry trends and growth opportunities. While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements.