SolarEdge Announces New ‘Rate Saver’ Solar + Battery Solution to Keep Solar Winning in the NEM 3.0 California Market

• The brand new DC-Coupled photo voltaic + battery answer provides owners who do not want a house back-up a extra inexpensive method to maximize power financial savings with a battery. • For owners, the SolarEdge Dwelling ‘Charge Saver’ reduces battery system prices by as much as 38% and offers industry-leading energy yields for optimum Time-of-Use financial savings, which provides longer payback durations. • For Installers, the brand new time-to-use answer considerably cuts set up and commissioning instances. • “This has the potential to be the NEM 3.0 antidote installers are in search of, and owners want, with the lack of web metering,” mentioned longtime Californian PV installer, Barry Cinnamon, CEO of Cinnamon Vitality Methods.

MILPITAS, California – 9 March 2023 – SolarEdge, a worldwide chief in good power expertise, right now introduced the brand new SolarEdge Dwelling ‘Charge Saver’ photo voltaic + battery answer for California. Because the State transitions to a self-consumption market below the brand new NEM 3.0 Web Billing Tariff, the brand new DC-Coupled photo voltaic + battery answer offers owners without having house backup in a cheaper method to maximize energy financial savings with a battery built-in with NEM 3.0 particular battery administration algorithms.

The SolarEdge Dwelling ‘Charge Saver’ removes the necessity for extra gear that’s often required for house back-up, reminiscent of AC-combiners or exterior metering units, considerably slicing set up instances and lowering prices. of battery techniques for owners as much as 38%. As well as, the DC-Coupled answer can present 7% extra solar energy with industry-leading system effectivity by eliminating the ‘triple-conversion penalty’, with two fewer energy conversions required than AC- coupled options. Owners can additional scale back their fee instances by maximizing Time-of-Use options utilizing saved battery energy, whereas additionally optimizing invoice financial savings. of power by exporting power at peak charges. The following-generation SolarEdge software program makes use of superior NEM 3.0 particular battery administration algorithms to discharge the saved power on the highest charge autonomously.

Amir Cohen, Common Supervisor Photo voltaic, North America, SolarEdge, mentioned: “Within the US robust demand for batteries for back-up will proceed, and now NEM 3.0 will carry a brand new use case in California the place self-consumption is As a worldwide chief in good power expertise, we now have skilled Time of Use charge conditions in lots of different markets together with Germany, Italy, the UK, and lots of different international locations. Our answer is already obtainable in properties around the globe and is broadly confirmed for self-consumption markets. When it comes to set up complexity, it is so simple as including an extra module to the system.”

The brand new SolarEdge Dwelling ‘Charge Saver’ answer offers a number of advantages for California installers that scale back set up prices and time. With some AC-coupled options, commissioning instances can take hours, and drive costly additional work days. With the SolarEdge Dwelling, ‘Charge Saver’ Answer, there’s a small piece of kit to put in that cuts down on wiring time by hours and does not require a specialist electrician. As well as, no extra breakers are required within the load heart of the properties, typically eliminating the necessity for a Principal Panel Improve (MPU).

Barry Cinnamon, CEO of Cinnamon Vitality, commented: “Having bought and put in photo voltaic within the California marketplace for many years, it was clear that the NEM 3.0 Web Billing Tariff required a brand new answer for homeowners. at house to see the return on funding they’re used to. The brand new SolarEdge Dwelling ‘Charge Saver’ answer goes a protracted method to bridging the financial savings hole created by NEM 3.0 for owners on the CAPEX stage and OPEX, whereas delivering elevated set up efficiencies – a win-win for everybody. potential to be the NEM 3.0 antidote installers are in search of, and owners want, with the lack of web metering.”

For owners trying so as to add backup capabilities, backup can simply be added to a system engineered for high-speed commissioning. Owners have two choices for back-up: SolarEdge Dwelling ‘Important Again-Up’ to handle important hundreds reminiscent of lights, fridges, computer systems, and storage door openers , and SolarEdge Dwelling ‘Full Dwelling Again-Up’, which can be utilized to handle the house. bigger hundreds reminiscent of HVAC items and nicely pumps for longer outage durations.

About SolarEdge
SolarEdge is a worldwide chief in good power expertise. By leveraging world-class engineering capabilities and with a relentless give attention to innovation, SolarEdge creates good power options that energy our lives and drive future progress. SolarEdge has developed an clever inverter answer that modifications the best way electrical energy is harvested and managed in photovoltaic (PV) techniques. The SolarEdge DC optimized inverter seeks to maximise energy era whereas minimizing the price of power produced by the PV system. Persevering with to advance good power, SolarEdge addresses a variety of power market segments by PV, storage, EV charging, batteries, electrical car powertrains, and options for grid service. Go to us at: solaredge.com