Enphase: Demand for Solar-Battery Systems Could Soar After California Blackouts as Customers Forced to Live Off Grid

Grid woes “will only increase the attach rates for storage” in the country’s biggest rooftop solar market, Enphase CEO says.

Living Off Grid - Enphase - Demand for Solar-Battery Systems Could Soar After California Blackouts

Living Off Grid – Enphase – Demand for Solar-Battery Systems Could Soar After California Blackouts

Enphase’s current growth is based around its core solar microinverter business. But in discussing the company’s Q3 earnings Tuesday, CEO Badri Kothandaraman focused on how Enphase’s soon-to-launch integrated energy storage system could aid Californians facing the state’s unfolding wildfire and grid blackout emergency.

California-based Enphase is far from the only residential solar equipment provider adding batteries to the rooftop PV proposition. Sunrun, the U.S. rooftop solar leader, says that a quarter of its California solar customers are now choosing to add batteries to their systems.

While Kothandaraman declined to predict how many battery-backed Ensemble systems the company will sell, he expects similar “attach rates” to those seen by Sunrun in the California market.

The demand for solar-battery backup systems could skyrocket, Kothandaraman said, with millions of Californians undergoing days-long blackouts this month under the expanded fire-prevention power outage regime of bankrupt utility Pacific Gas & Electric.

Read more => https://buff.ly/34g7G6M

#California #OffGridLiving #LivingOffGrid #Enphase #MicroInverters #Solar #Panels #Batteries #PGE #Wildfire #Blackouts #Discounts

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