Press Release
Enphase Energy Services Announces 100% System Availability O&M Offering for Commercial Systems
Delivering higher return on investment, increased cash flow and a reduced risk profile for commercial systems
With higher energy output, lower O&M costs and more stable cash flows than string inverter systems, the Enphase Solution with 100% System Availability yields a solar asset with superior financial performance.
The Enphase Energy Services' 100% System Availability program leverages the distributed architecture and module-level performance feedback enabled by Enphase's microinverter technology. A team of back-office experts and in-house field technicians working with the Enphase system ensure that the commercial system will perform at or above its projected production. Enabled by active monitoring and remote system diagnostics, this service eliminates almost all unscheduled truck rolls thereby resulting in lower overall O&M costs than string inverter systems.
The program also reduces overall system risk by providing a 100% System Availability backstop with O&M, resulting in higher and more stable cash flows.
"Enphase's 100% System Availability program turns solar into a more
predictable and stable investment by providing installers, system
owners, financiers and EPCs with the confidence that their systems will
be continuously producing," said
With the benefits of real-time proactive system management, a system's downtime is limited. For downtime that does occur, Enphase Energy Services offers system owners peace of mind by providing reimbursement for lost energy production.
To learn more about Enphase Energy Services, visit Enphase Energy at
About Enphase Energy
Enphase Energy, a global energy technology company, is leading the charge to bring smart, connected solar energy to every home, business and community. The company delivers simple, innovative and reliable energy management solutions that advance the worldwide potential of renewable energy. Enphase has shipped approximately 9 million microinverters, and over 340,000 Enphase residential and commercial systems have been deployed in more than 95 countries. Join Enphase on LinkedIn and Twitter and visit www.enphase.com for more information.
Forward-Looking Statements
This press release may contain forward-looking statements, including
statements related to Enphase Energy's financial performance, market
demands for its products, and advantages of its technology and market
trends. These forward-looking statements are based on the company'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 these risks and uncertainties and other risks detailed in
the "Risk Factors" and elsewhere in Enphase Energy's latest
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Enphase Energy
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