{"id":472105,"date":"2021-04-06T15:33:29","date_gmt":"2021-04-06T19:33:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472105"},"modified":"2021-04-06T15:33:29","modified_gmt":"2021-04-06T19:33:29","slug":"neovolta-partners-with-sungage-financial-to-provide-homeowners-with-affordable-purchasing-options","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/neovolta-partners-with-sungage-financial-to-provide-homeowners-with-affordable-purchasing-options\/","title":{"rendered":"NeoVolta Partners with Sungage Financial to Provide Homeowners with Affordable Purchasing Options"},"content":{"rendered":"<h2>\nConsumers Can Finance a System Over 10 Years at Rates as Low as 0.99%<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">SAN DIEGO, April  06, 2021  (GLOBE NEWSWIRE) &#8212; NeoVolta Inc. (OTCQB: NEOV) \u2013 NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zyzuSHFGS_iycksrceQCnEDs01EHN96sXiotdUYaE31tTB9DtMLfM2u4LwIcslGnYKMGBNlOiGW7oxn4a5HsqrhZWbWRZK254kEJcY9spg0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Sungage Financial<\/a> to make solar energy storage as affordable as possible for more homeowners. After considering other financing options, NeoVolta chose Sungage for their combination of features and benefits.<\/p>\n<p>Sungage finances up to $50,000 for storage batteries and allows 15% of the total for site prep expenses. They offer 5- and 10-year terms with APRs as low as 0.99%. Sungage also has the most customer-friendly tax credit deferral, with no penalties or interest rate charges if repayment is delayed.<\/p>\n<p>To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so more homeowners get approved. Finally, Sungage has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.<\/p>\n<p>\u201cSungage\u2019s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,\u201d said CEO Brent Willson, CEO of NeoVolta. \u201cOur energy storage solutions are a very smart investment, and it\u2019s never been easier to get started.\u201d<\/p>\n<p>The partnership with Sungage is expected to help fuel NeoVolta\u2019s continued success in the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cwmIXYgWLobX2_FnvCmnBECqDgwtmm6J7PCnPDO07sBGQL-ZvP37Xd5wg9QH4K1N3h8MV3vh0XnDX6H-C2QUgAPDsnb4lkks-dw5VK9EoJG4guJKLsyHmU4bDgCLL46iX5ZRx4xlluJYVJJGmZ4Dqr8ZRtt7lMafgluy_GGyx5V4QiIVUj1-Ow9p5sGnHedqP0BppPAGAkGdr1ktfbrjJg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">rapidly growing home energy storage market<\/a> and was brokered with the help of NeoVolta\u2019s exclusive distribution partner, PMP Energy. \u201cThe demand for NeoVolta has never been greater,\u201d said PMP Energy\u2019s EVP of Sales, Tony Paoli. \u201cEnabling more people to have access to this technology through a better financing program made this an ideal collaboration.\u201d<\/p>\n<p>Devastating power outages throughout the country, caused by wildfires and extreme weather, have underscored the urgent need for home backup power. In recent months, NeoVolta has expanded its installation network across the entire state of California and into Nevada, Arizona, and Utah.<\/p>\n<p>NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta\u2019s flagship <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KZ8HMTJM_bpI3H6PPTthBsfO1YRazLD5MZiMP4vgw2zXnh6i0vL2LsC-b9CHVnfj-K3ABKQmVPG8KR5krh2AEFczSgeSZN6Fk5mOArUSs-YMJF1CB5p3FADquuP3DVPltEnepqVoN7yss11FBfby8g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">NV14 energy storage system<\/a> has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IdmMC94CLj-_I1SSMtEHlBCL-QkWxTOu1GcfA33h2zgwjE4f8wYJ4XKwUByqECnNdq3hy3lqDTDKe-exkeSoMZwluLrttws_LEOsHZhhzlyaXkIwuf5K0SJpu3uRV-z4JTfInav2nx0xpGUfrROmjw0cb23jdLkL9nJl9OLqiVU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">NV24 battery<\/a>\u2014without the expense of a second inverter. The system\u2019s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.<\/p>\n<p>For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TRtySzzvynLCIKkMbuUL_vigmVd3s1gSjaiuai-MJCZxCjAv5qjfIn4cB5zv9VONrb1WMY2fNErSnO8FB9IlGEC4xfzilmc9HHu5dkhNzA8qzsZROyUGpcdn8_SkmOnHrrYL9pFFy8a0ZgcJLlvwRmaKlPhgQwqDaQsxjxJx3waHHyBVO91ANDwYTni3xMooHKxejIuCJszHUDoDIzz73ya24xC_V6YisuwBitkVl3U=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">one of Solar Power World\u2019s top storage products<\/a> two years in a row.<\/p>\n<p align=\"justify\">\n        <strong>About NeoVolta &#8211; <\/strong>NeoVolta designs, develops and manufactures utility-bill reducing residential energy storage systems capable of powering your home even when the grid goes down. With a focus on safer Lithium-Iron Phosphate (LiFe(PO4)) chemistry, the 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. By storing energy instead of sending it back to the grid, consumers can protect themselves against blackouts, avoid expensive peak demand electricity rates charged by utility companies when solar panels aren\u2019t producing, and get one step closer to grid independence. Customers can expand the NV14\u2019s capacity to an industry-leading 24.0 kWh with the optional NeoVolta NV24 add-on battery. NeoVolta has added generator compatibility and is working on other industry leading improvements that will be announced soon.<\/p>\n<p align=\"justify\">For more information visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=R-wRZXWpN8CGKuJ01JBprTx0yB2_6Yv1PIWKfl_QYZoPh_kDVae5si9k3cPDffDWjWitPhvQQpQBZRv3WZpSFmExlQ4RWlawc9hu33a7hiE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>http:\/\/www.NeoVolta.com<\/strong><\/a> email us: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pf4kJav0PY9STwQLSeLgBKdVXSwrV16MQmNGwuaKdSE77bAqn2F6asGav04l283F61CZlQTxxhp2SxLXb51NcQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>IR@NeoVolta.com<\/strong><\/a> or call us: <strong>858-239-2029<\/strong><\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements: <\/strong>Some of the statements in this 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 involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the future performance, reliability and safety of NeoVolta\u2019s NV14 storage system and the ability of the NV14 to be successfully integrated with residential backup generators. Although NeoVolta believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. NeoVolta has attempted to identify forward-looking statements by terminology including &#8221;believes,&#8221; &#8221;estimates,&#8221; &#8221;anticipates,&#8221; &#8221;expects,&#8221; &#8221;plans,&#8221; &#8221;projects,&#8221; &#8221;intends,&#8221; &#8221;potential,&#8221; &#8221;may,&#8221; &#8221;could,&#8221; &#8221;might,&#8221; &#8221;will,&#8221; &#8221;should,&#8221; &#8221;approximately&#8221; or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under the &#8220;Risk Factors&#8221; section of NeoVolta\u2019s Form 1-A filing filed with the Securities and Exchange Commission (&#8220;SEC&#8221;) and updated from time to time in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. NeoVolta undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMDk2NiM0MTA0MzEwIzIxODM3NDI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/db7a295f-d9e2-467e-ae85-a74f413cef16\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Consumers Can Finance a System Over 10 Years at Rates as Low as 0.99% SAN DIEGO, April 06, 2021 (GLOBE NEWSWIRE) &#8212; NeoVolta Inc. (OTCQB: NEOV) \u2013 NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with Sungage Financial to make solar energy storage as affordable as possible for more homeowners. After considering other financing options, NeoVolta chose Sungage for their combination of features and benefits. Sungage finances up to $50,000 for storage batteries and allows 15% of the total for site prep expenses. They offer 5- and 10-year terms with APRs as low as 0.99%. Sungage also has the most customer-friendly tax credit deferral, with no penalties or interest rate charges if repayment is delayed. To apply, homeowners &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/neovolta-partners-with-sungage-financial-to-provide-homeowners-with-affordable-purchasing-options\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NeoVolta Partners with Sungage Financial to Provide Homeowners with Affordable Purchasing Options&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472105","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NeoVolta Partners with Sungage Financial to Provide Homeowners with Affordable Purchasing Options - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/neovolta-partners-with-sungage-financial-to-provide-homeowners-with-affordable-purchasing-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NeoVolta Partners with Sungage Financial to Provide Homeowners with Affordable Purchasing Options - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Consumers Can Finance a System Over 10 Years at Rates as Low as 0.99% SAN DIEGO, April 06, 2021 (GLOBE NEWSWIRE) &#8212; NeoVolta Inc. (OTCQB: NEOV) \u2013 NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with Sungage Financial to make solar energy storage as affordable as possible for more homeowners. After considering other financing options, NeoVolta chose Sungage for their combination of features and benefits. Sungage finances up to $50,000 for storage batteries and allows 15% of the total for site prep expenses. They offer 5- and 10-year terms with APRs as low as 0.99%. Sungage also has the most customer-friendly tax credit deferral, with no penalties or interest rate charges if repayment is delayed. 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(OTCQB: NEOV) \u2013 NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with Sungage Financial to make solar energy storage as affordable as possible for more homeowners. After considering other financing options, NeoVolta chose Sungage for their combination of features and benefits. Sungage finances up to $50,000 for storage batteries and allows 15% of the total for site prep expenses. They offer 5- and 10-year terms with APRs as low as 0.99%. Sungage also has the most customer-friendly tax credit deferral, with no penalties or interest rate charges if repayment is delayed. 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