NeoVolta has received approval from the California Energy Commission to connect its NV14 home energy storage system to California’s state regulated electricity grid. Approval immediately opens NeoVolta’s energy storage solutions to California’s existing 940,000 solar installations that generate nearly 17% of all of California’s electricity. By storing energy instead of sending it back to the grid, consumers can protect themselves against blackouts and avoid expensive nighttime ‘peak’ rates charged by the utility companies when solar isn’t producing.
“Considering the widespread growth of solar in California combined with increasing utility prices, we anticipate the demand for solar batteries to increase significantly throughout the market,” said Brent Willson, CEO of NeoVolta. “Until recently, consumers have had few options for home energy storage and in many markets the waitlist for product installation is greater than six months due to lack of supply.”
NeoVolta designs, develops, manufactures, sells and installs home energy storage systems and products. The company’s flagship product NV14 is a complete home energy management system, designed with a 14.4-kWh rechargeable Lithium Iron Phosphate (LFP) battery, a 7.68-kW inverter and a web-based energy management system with 24/7 monitoring.
News item from NeoVolta
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