All I Want for the Holidays is Affordable and Reliable Clean Energy

NeoVolta’s NV14 Home Energy Storage System Offers Resilience and Significant Monthly Savings

San Diego, CA, December 20, 2019 – NEOVOLTA INC. (OTCQB: NEOV) – After a wave of wildfires and unprecedented power shutdowns in 2019, many Californians are adjusting their holiday wish list. Energy independence is taking precedence over chocolates, socks and kitchen appliances.

And how can they make that wish come true? By pairing their rooftop solar panels with an energy storage system. These systems store a home’s self-generated solar power in a battery so it can be used later—in the evening, when utility rates are at their highest, or in the event of a power outage. The ultimate tech gift idea.

For Californians who have been very good this year, one San Diego company has its elves busy manufacturing the perfect gift: the NeoVolta NV14 home energy storage system.

When power goes out, the NV14 automatically disconnects from the grid and immediately starts powering the critical loads needed to keep a home comfortable and connected. With its 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 an NV24 and avoid the expense of installing another entire system; this option is coming very soon.

Unlike other 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. With the NeoVolta smartphone app, users can monitor system performance 24/7 and manage their own energy needs. The NV14 has been approved by San Diego Gas & Electric and Southern California Edison and is being installed across Southern California. The system will be available in Northern California in mid-2020.

“The NV14 energy storage system isn’t some little stocking-stuffer—it’s a smart investment,” said Brent Willson, CEO of NeoVolta. “This holiday season, you can give your entire household the joy of resilience. This system will keep your home protected from power outages, while saving you money all year long. And with our ten-year warranty, it’s a gift that keeps giving. ”

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: 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.