{"id":479195,"date":"2021-04-20T16:43:11","date_gmt":"2021-04-20T20:43:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sunnova-brings-solar-and-storage-to-ohio-and-north-carolina\/"},"modified":"2021-04-20T16:43:11","modified_gmt":"2021-04-20T20:43:11","slug":"sunnova-brings-solar-and-storage-to-ohio-and-north-carolina","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sunnova-brings-solar-and-storage-to-ohio-and-north-carolina\/","title":{"rendered":"Sunnova Brings Solar and Storage to Ohio and North Carolina"},"content":{"rendered":"

<\/p>\n

Sunnova Brings Solar and Storage to Ohio and North Carolina<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nSunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), one of the leading U.S. residential solar and storage service providers, announced today it will begin offering its services in Ohio and North Carolina. Both states will have access to Sunnova\u2019s SunSafe\u00ae<\/a> solar + battery storage service, and +SunSafe\u00ae<\/a> add-on battery service, which will allow homeowners to maintain energy resiliency in the face of potential grid crises and rising electricity rates. Sunnova will also be the first national residential solar and energy storage service provider with extensive 25-year system and battery coverage to offer its services in Ohio1<\/sup>.\n<\/p>\n

\n\u201cSunnova is proud to be first in Ohio. The state\u2019s solar prices have fallen 45 percent in the last five years as per Solar Energy Industries Association\u2019s data, and our goal is to enhance Ohio\u2019s access to clean, affordable energy and help the state reach its renewable energy targets,\u201d said Michael Grasso, Chief Marketing Officer of Sunnova. \u201cAs we expand to new markets and grow our customer base, we are also looking forward to growing our key network of dealers which means supporting more renewable energy jobs.\u201d\n<\/p>\n

\nBetween 2015 and 2019, the amount of time Ohio residents lost power each year nearly doubled2<\/sup>. Sunnova\u2019s SunSafe and +SunSafe services in Ohio and North Carolina will increase homeowners\u2019 energy independence by allowing them to produce their own clean energy and store excess in the battery for later use. As soon as the grid is down, homeowners can simply switch to using the stored energy and run the electrical appliances of their choosing3<\/sup>.\n<\/p>\n

\n\u201cNorth Carolina is a key market for us; the state has set solid goals to reduce its carbon emissions by 2030 and rooftop solar is a critical part of the solution,\u201d continued Grasso. \u201cNorth Carolina is only second to Florida in the number of tropical cyclone landfalls which have caused hundreds of thousands of North Carolinians to lose power. Sunnova is not only looking to help relieve the grid stress that can arise from such extreme weather events but more importantly, we want to provide homeowners the energy reliability and resiliency they need to keep their families safe.\u201d\n<\/p>\n

\nAccording to the U.S. Energy Information Association, North Carolina and Ohio have seen their electricity rates rise by 15% and 16% respectively from 2009 to 2019. Sunnova\u2019s services will help homeowners take control over their energy costs. By going solar with Sunnova under the Easy Own PlanTM <\/sup>loan, homeowners will no longer need to guess what the utility provider will be charging them next month or six months down the line, they will always know the cost of solar with Sunnova.\n<\/p>\n

\nCustomers in both states will also be covered by Sunnova Protect\u2122, featuring worry and hassle-free maintenance, monitoring, repairs, and replacements for their solar systems and batteries4<\/sup>. Sunnova\u2019s +SunSafe add-on battery service can also be added to homes that have existing solar systems, allowing the company to power energy independence and the customer to live life uninterrupted.\n<\/p>\n

Forward Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Sunnova\u2019s future financial or operating performance. In some cases, you can identify forward looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,\u201d \u201cgoing to,\u201d “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern Sunnova\u2019s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this release include, but are not limited to, statements regarding our expansion into new markets, increase in customer base, dealers, and growth, and other statements regarding the future. Sunnova\u2019s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks regarding our ability to implement of business plan, the impact of COVID-19, our ability to successfully integrate the SunStreet Energy Group, LLC acquisition, our competition, fluctuations in the solar and home-building markets, our ability to attract and retain dealers and customers and our dealer and strategic partner relationships. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in Sunnova\u2019s filings with the Securities and Exchange Commission, including Sunnova\u2019s annual report on Form 10-K for the year ended December 31, 2020. The forward-looking statements in this release are based on information available to Sunnova as of the date hereof, and Sunnova disclaims any obligation to update any forward-looking statements, except as required by law.\n<\/p>\n

About Sunnova<\/span><\/b><\/p>\n

\nSunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider with customers across the U.S. and its territories. Sunnova’s goal is to be the source of clean, affordable and reliable energy with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted\u00ae.\n<\/p>\n

\n

1 <\/sup>Refer to the Limited Warranty agreement for complete warranty terms and limitations, including the specifications for energy retention over the life of the battery
\n
<\/i>2<\/sup>The reliability trend is based on the comparison of the SAIDI data [\u201cSAIDI with MED\u201d column] from the EIA \u201cReliability\u201d reports from 2015 \u2013 2019 for all data points related to the state of OH. Annual reliability data for each market are available in zip files located at https:\/\/www.eia.gov\/electricity\/data\/eia861
\n<\/a>
3<\/sup>https:\/\/www.sunnova.com\/batteryduration\/
\n<\/a>
4<\/sup> Refer to your Limited Warranty agreement for your complete warranty terms and limitations <\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210420006173\/en\/<\/a><\/span><\/p>\n

Media Contact
\n<\/span><\/b>
Alina Eprimian
\n
alina.eprimian@sunnova.com <\/a><\/p>\n

Investor & Analyst Contact
\n<\/span><\/b>
Rodney McMahan
\n
Vice President, Investor Relations
\n
Rodney.McMahan@sunnova.com
\n<\/a>
281.971.3323\n<\/p>\n

KEYWORDS:<\/b> United States North America Ohio North Carolina Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Environment Residential Building & Real Estate Alternative Energy Energy Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Sunnova Brings Solar and Storage to Ohio and North Carolina HOUSTON–(BUSINESS WIRE)– Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), one of the leading U.S. residential solar and storage service providers, announced today it will begin offering its services in Ohio and North Carolina. Both states will have access to Sunnova\u2019s SunSafe\u00ae solar + battery storage service, and +SunSafe\u00ae add-on battery service, which will allow homeowners to maintain energy resiliency in the face of potential grid crises and rising electricity rates. Sunnova will also be the first national residential solar and energy storage service provider with extensive 25-year system and battery coverage to offer its services in Ohio1. \u201cSunnova is proud to be first in Ohio. The state\u2019s solar prices have … <\/p>\n

Continue reading “Sunnova Brings Solar and Storage to Ohio and North Carolina”<\/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-479195","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSunnova Brings Solar and Storage to Ohio and North Carolina - 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\/sunnova-brings-solar-and-storage-to-ohio-and-north-carolina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sunnova Brings Solar and Storage to Ohio and North Carolina - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sunnova Brings Solar and Storage to Ohio and North Carolina HOUSTON–(BUSINESS WIRE)– Sunnova Energy International Inc. 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