NeoVolta NV24 Battery Delivers Value to California Homeowners

Californians Are Combining Rooftop Solar and Battery Storage to Take Control of Their Own Power Needs

San Diego, CA, February 6, 2020 – NEOVOLTA INC. (OTCQB: NEOV) – With the market for home solar storage seeing record growth, one manufacturer stands apart with innovation and value. San Diego–based NeoVolta engineers its lithium iron phosphate batteries to be safer and last longer than ordinary lithium ion batteries. The NeoVolta NV14 home storage system was recently named one of Solar Power World’s “2019 Top Solar Storage Products.” And now the NV14’s storage capacity can be amplified with the NV24 battery add-on. The NV24 increases the NV14’s storage from 14.4 kilowatt-hours to 24.0 kWh—one of the highest-capacity home solar storage systems on the market.

Stacking the NV14 and the NV24 provides your home with even longer-lasting back-up power. This has become especially critical in California, where the old and poorly maintained grid is contributing to devastating wildfires. In late 2019, public safety power shutdowns left nearly a million residents without electricity, often for days at a time. Californians can expect to see these shutdowns for the next ten years.

In the event of a blackout, the NV14 + NV24 automatically disconnects from the grid to provide uninterrupted power to a home’s critical loads such as lighting, refrigeration, garage, and communications. NeoVolta’s inverter can discharge 7.7 kilowatts of instantaneous power, more than mainstream competitors, to get your household through the crisis.

Another benefit of installing the NeoVolta NV24 is the money you’ll save. Californians pay some of the highest utility rates in the country. The NV24’s high storage capacity minimizes the need to draw electricity from the grid, protecting you from evening “peak demand” rates, which can be twice as high. The competitively priced NV24 does not require a second inverter, a significant cost savings over many systems on the market, and installation costs are low.

Besides providing blackout protection and lower utility bills, the NV24 finally puts you in control of your home’s energy needs. You can decide how much stored solar energy is saved for backup power and how much is used to power your home. And with the NeoVolta app, you can monitor and manage the system in real time from anywhere.

“Californians are seeing the advantages of home solar storage,” said Brent Willson, CEO of NeoVolta. “Our NV24 provides superior blackout protection for your home, saves you real money over its long life cycle, and lets you become more energy independent.”

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.

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