November 4, 2019 08:00 ET | Source: NeoVolta Inc. NeoVolta Inc.
San Diego, November 4, 2019 (Global News Agency)-Throughout October, extreme winds caused wildfires across the state, and California utilities resorted to public safety power on an unprecedented scale. The governor has declared a state of emergency across the state, and Californians hope that their houses can withstand prolonged power outages.
Using solar panels combined with battery storage, how long can a family survive after the grid is shut down?
Some batteries provide longer backup time than others. For example, two popular system capacities on the market are 10 kilowatt-hours (kWh) and 13.5 kWh. During a power outage, an average household consumes 750 to 1,000 watts of electricity per hour, a 10 kWh battery will last 10 to 12 hours, and a 13.5 kWh battery will last 13.5 to 16.8 hours. Both batteries have a rated power of 5 kW, which is equivalent to running a clothes dryer, microwave oven, and hair dryer at the same time.
But a new residential storage system stands out because of its superior power and capacity. NeoVolta's NV14 household solar cell has a high storage capacity of 14.4 kilowatt-hours (kWh), which means it can operate continuously for 14.4 to 18 hours under power outage conditions. Since NV14 can provide 7.6 kW of continuous power, it can drive more household loads than its 5 kW competitors during this period.
When the light goes out for any reason, NV14 will automatically disconnect from the grid to immediately start powering the family's critical loads. Switching is seamless, unlike some other systems where the power supply is interrupted. Homeowners who need more storage capacity can add a second battery system NV24 and avoid the cost of installing another complete system (inverter and battery); this option will be launched in December 2019. The combination of NV14 and NV24 enables an energy storage capacity of up to 24.0 kWh.
Note: At present, any battery storage system cannot provide extended family backup, so certain electrical appliances and material benefits must wait until an emergency occurs. What every storage system must do is provide infrastructure for as long as possible according to its specifications—lighting, internet, cooling, other kitchen outlets, and garages.
The NV14 advanced lithium iron phosphate battery is designed for safety and a longer life cycle than ordinary lithium-ion batteries. The system can be connected to any residential solar installation-new or existing, AC or DC. Using the NeoVolta smartphone app, users can monitor system performance 24/7.
NeoVolta NV14 is also a good investment. When the grid is up and running, homeowners can see that their monthly utility bill saves a lot of money. This is because the energy generated when the sun is shining can be stored in the NV14 battery and used during the "peak demand" period at night, when the utility bill is usually doubled.
"In order to survive long power outages, your home needs an energy storage system. Without it, these solar panels are nothing more than roof decorations," said Brent Wilson, CEO of NeoVolta. "The high-power, large-capacity NV14 system provides comfort and peace of mind, and provides a reliable power source that may save lives."
About NeoVolta-NeoVolta designs, develops, and manufactures residential energy storage batteries that can reduce utility costs, and can power your home even when the grid fails. NV14 focuses on safer lithium iron phosphate chemistry, equipped with 14.4 kWh solar rechargeable batteries, 7,680 watt inverters and a web-based 24/7 monitoring energy management system. By storing energy instead of sending it back to the grid, consumers can protect themselves from power outages, avoid utility companies charging expensive peak demand electricity bills when solar panels are not being produced, and move closer to grid independence.
For more information, please visit: http://www.NeoVolta.com Email us: IR@NeoVolta.com or call us: 858-239-2029
Forward-looking statements: Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. Which involves risks and uncertainties. The forward-looking statements in this press release include, but are not limited to, continued increases in utility rates. Although NeoVolta believes that the expectations reflected in such forward-looking statements are reasonable as of the date they are made, the expectations may prove to be materially different from the results expressed or implied by such forward-looking statements. NeoVolta attempts to identify forward-looking statements through terms, including "believe", "estimate", "anticipate", "anticipate", "plan", "project", "project" plan, """potential", "maybe", "May", "may", "may", "should", "should", "about" or other words express the uncertainty of future events or results to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including those discussed in the "Risk Factors" section of NeoVolta's Form 1-A file with the U.S. Securities and Exchange Commission ("SEC") , Updated from time to time in other public documents filed with the US Securities and Exchange Commission. Any forward-looking statements contained in this press release represent only the date of its release. NeoVolta assumes no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances that occurred after the date of its release or to reflect the occurrence of unexpected events.