The program offers homeowners with Enphase IQ Batteries in APS's service territory two ways to participate and earn money through one-time, upfront incentives. Customers who sign up for the program and simply share their data with APS, including basic information about them and their Enphase Energy System, will earn
APS expects to call upon enrolled batteries for additional power to meet demand up to 100 times per year. Participants must be APS residential customers and be on a Time-of-Use (TOU) service plan or a grandfathered service plan with a solar energy rate rider. The program is designed for newly interconnected batteries. Customers with existing batteries are not eligible to enroll.
'These incentives make adding an Enphase IQ battery an easy decision for homeowners that we are working with,' said
'Batteries are now discussed in nearly all of our conversations with customers, whether for backup protection or additional savings by using stored solar energy at night,' said
'This valuable new program from APS will help accelerate the adoption of all-in-one energy systems,' said
Enphase delivers a safer solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. The Enphase IQ Battery features Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life and safer operation through excellent thermal stability. Enphase batteries are equipped with Enphase Power Start technology, which helps seamlessly power-up air conditioners and well-pumps. Homeowners have insight into their systems through the Enphase App, as well as the ability to go off-grid from the app. The Enphase IQ Battery offers over-the-air software upgrades and comes with a 10-year limited warranty with an optional 5-year limited warranty extension available for purchase.
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Enphase Energy, a global energy technology company based in
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; the market adoption of our products; the payment of incentives under third-party programs; our customer service operations and the performance by the utility. 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 recent Annual Report on Form 10-K and other documents on file with the
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