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Sunnova Solar + Storage Systems Powered Nearly 3,000 Customers Through Hurricane Beryl

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Sunnova Energy International (NYSE: NOVA) demonstrated the resilience of its solar + storage systems during Hurricane Beryl in Houston. From July 8 to July 15, while local utility grids were down, Sunnova powered nearly 3,000 customers, generating 485,249 kWh of energy. The company's systems proved highly reliable, with 96% requiring no repairs or maintenance post-hurricane.

CEO John Berger highlighted Sunnova's ability to deliver power when local utilities couldn't, emphasizing the importance of solar + storage systems for homeowner protection and peace of mind. The company's track record in various storms across the U.S. and its territories underscores the dependability of their systems. Sunnova serves over 400,000 customers across 51 U.S. states and territories, focusing on advancing energy independence through distributed energy solutions.

Sunnova Energy International (NYSE: NOVA) ha dimostrato la resilienza dei suoi sistemi solari + storage durante l'uragano Beryl a Houston. Dal 8 al 15 luglio, mentre le reti elettriche locali erano fuori servizio, Sunnova ha fornito energia a quasi 3.000 clienti, generando 485.249 kWh di energia. I sistemi dell'azienda si sono dimostrati altamente affidabili, con il 96% che non ha richiesto riparazioni o manutenzione dopo l'uragano.

Il CEO John Berger ha sottolineato la capacità di Sunnova di fornire energia quando le utility locali non potevano, evidenziando l'importanza dei sistemi solari + storage per la protezione dei proprietari di casa e la tranquillità. Il record dell'azienda in diverse tempeste negli Stati Uniti e nei suoi territori sottolinea l'affidabilità dei loro sistemi. Sunnova serve oltre 400.000 clienti in 51 stati e territori americani, concentrandosi sul progresso dell'indipendenza energetica attraverso soluzioni energetiche distribuite.

Sunnova Energy International (NYSE: NOVA) demostró la resiliencia de sus sistemas solares + almacenamiento durante el huracán Beryl en Houston. Del 8 al 15 de julio, mientras las redes eléctricas locales estaban fuera de servicio, Sunnova proporcionó energía a casi 3.000 clientes, generando 485.249 kWh de energía. Los sistemas de la compañía demostraron ser altamente confiables, con el 96% sin necesidad de reparaciones ni mantenimiento tras el huracán.

El CEO John Berger destacó la capacidad de Sunnova para entregar energía cuando las utilidades locales no podían, enfatizando la importancia de los sistemas solares + almacenamiento para la protección de los propietarios de viviendas y la tranquilidad mental. El historial de la empresa en diversas tormentas a lo largo de EE. UU. y sus territorios subraya la fiabilidad de sus sistemas. Sunnova atiende a más de 400.000 clientes en 51 estados y territorios de EE. UU., centrándose en avanzar hacia la independencia energética a través de soluciones de energía distribuidas.

Sunnova Energy International (NYSE: NOVA)는 휴스턴에서 허리케인 베릴 동안 태양광 + 저장 시스템의 회복력을 입증했습니다. 7월 8일부터 15일까지 지역 전력망이 가동 중지되는 동안 Sunnova는 거의 3,000명의 고객에게 전력을 공급하며 485,249 kWh의 에너지를 생성했습니다. 회사의 시스템은 매우 신뢰할 수 있는 것으로 입증되었으며, 96%는 허리케인 이후 수리나 유지보수가 필요하지 않았습니다.

CEO 존 버거는 지역 유틸리티가 전력을 공급할 수 없을 때 Sunnova가 전력을 제공할 수 있는 능력을 강조하며 주택 소유자의 보호와 평온함을 위한 태양광 + 저장 시스템의 중요성을 강조했습니다. 회사는 미국 전역과 그 영토에서 여러 폭풍우를 통해 시스템의 신뢰성을 입증해 왔습니다. Sunnova는 51개 미국 주 및 영토에서 40만 명 이상의 고객에게 서비스를 제공하며 분산 에너지 솔루션을 통해 에너지 독립성을 향상하는 데 집중하고 있습니다.

Sunnova Energy International (NYSE: NOVA) a démontré la résilience de ses systèmes solaires + stockage pendant l'ouragan Beryl à Houston. Du 8 au 15 juillet, alors que les réseaux électriques locaux étaient hors service, Sunnova a fourni de l'énergie à près de 3.000 clients, générant 485.249 kWh d'énergie. Les systèmes de l'entreprise se sont révélés extrêmement fiables, avec 96 % n'ayant nécessité aucune réparation ou maintenance après l'ouragan.

Le PDG John Berger a souligné la capacité de Sunnova à fournir de l'énergie lorsque les services publics locaux ne pouvaient pas, en mettant en avant l'importance des systèmes solaires + stockage pour la protection et la tranquillité d'esprit des propriétaires. Les antécédents de l'entreprise face à diverses tempêtes à travers les États-Unis et ses territoires soulignent la fiabilité de leurs systèmes. Sunnova dessert plus de 400.000 clients dans 51 États et territoires américains, en s'efforçant d'avancer vers l'indépendance énergétique grâce à des solutions énergétiques décentralisées.

Sunnova Energy International (NYSE: NOVA) hat die Widerstandsfähigkeit seiner Solar- und Speichersysteme während des Hurrikans Beryl in Houston unter Beweis gestellt. Vom 8. bis 15. Juli, während die lokalen Stromnetze ausgefallen waren, versorgte Sunnova fast 3.000 Kunden und erzeugte 485.249 kWh Energie. Die Systeme des Unternehmens erwiesen sich als äußerst zuverlässig, wobei 96% keine Reparaturen oder Wartung nach dem Hurrikan benötigten.

CEO John Berger hob die Fähigkeit von Sunnova hervor, Energie zu liefern, wenn die lokalen Versorgungsunternehmen dies nicht konnten, und betonte die Bedeutung von Solar- und Speichersystemen zum Schutz der Hausbesitzer und für deren Seelenfrieden. Die Erfolgsbilanz des Unternehmens in verschiedenen Stürmen in den USA und deren Territorien unterstreicht die Zuverlässigkeit ihrer Systeme. Sunnova bedient über 400.000 Kunden in 51 US-Staaten und Territorien und konzentriert sich darauf, die Energieunabhängigkeit durch dezentrale Energielösungen voranzutreiben.

Positive
  • Powered nearly 3,000 customers during Hurricane Beryl when local grids were down
  • Generated 485,249 kWh of energy over 8 days during the outage
  • 96% of systems required no repairs or maintenance post-hurricane
  • Demonstrated resilience and reliability of solar + storage systems during natural disasters
  • Serves over 400,000 customers across 51 U.S. states and territories
Negative
  • None.

Insights

The performance of Sunnova's solar + storage systems during Hurricane Beryl demonstrates the company's operational resilience and potential for customer retention. Powering nearly 3,000 customers for eight days amid widespread outages showcases the reliability of Sunnova's products, which could lead to increased customer satisfaction and word-of-mouth referrals.

The 485,249 kWh of energy generated during the outage period represents a significant amount of potential revenue saved for customers, which could strengthen Sunnova's value proposition. Moreover, the 96% of systems requiring no repairs post-hurricane indicates robust product quality, potentially reducing maintenance costs and improving profit margins.

While this event doesn't directly impact Sunnova's financial statements, it could positively influence future sales and customer acquisition costs. The demonstration of reliability during extreme weather events may also strengthen Sunnova's position in negotiations with utilities and regulators, potentially opening up new revenue streams through grid services agreements.

However, investors should note that while this event is positive, it's localized to the Houston area and may not be representative of the company's performance across all markets. The true financial impact will be better assessed in future quarterly reports, particularly in terms of new customer acquisition rates and churn in the affected region.

Sunnova's performance during Hurricane Beryl highlights a important advantage of distributed energy resources (DERs) in enhancing grid resilience. The ability to power 3,000 homes for eight days during a major outage demonstrates the potential of solar + storage systems to provide critical backup power during emergencies.

This event underscores the growing importance of microgrids and DERs in modern energy infrastructure. As climate change increases the frequency and severity of extreme weather events, the ability to maintain power supply becomes increasingly valuable. Sunnova's success here could accelerate the adoption of similar systems, potentially reshaping the energy landscape.

The 96% of systems requiring no repairs post-hurricane is particularly noteworthy. It suggests that these systems can withstand severe weather conditions, a important factor for widespread adoption in storm-prone areas. This resilience could lead to reduced insurance costs and increased support from policymakers for DER integration.

However, it's important to note that while 3,000 customers represent a significant achievement, it's a small fraction of the total affected population. Scaling up to provide widespread resilience would require substantial investment and coordination with existing grid infrastructure. The challenge for companies like Sunnova will be to prove that their systems can reliably supplement or even replace traditional grid infrastructure on a larger scale.

Sunnova's performance during Hurricane Beryl provides valuable insights into consumer behavior and market trends in the renewable energy sector. The successful powering of nearly 3,000 homes during a major outage serves as a powerful real-world demonstration of the benefits of solar + storage systems, potentially accelerating adoption rates in storm-prone regions.

This event could significantly impact consumer perception of solar + storage solutions. The peace of mind provided by a reliable power source during emergencies is a strong selling point that goes beyond the typical cost-saving and environmental benefits associated with solar energy. This could lead to increased demand, particularly in areas frequently affected by severe weather events.

The 96% of systems requiring no repairs post-hurricane is a testament to the product's durability, which could alleviate consumer concerns about the reliability of solar technology in extreme conditions. This data point could be a powerful marketing tool for Sunnova and the broader industry.

However, it's important to consider the potential market saturation in the affected area. With 3,000 customers already served, the growth potential in this specific region might be Sunnova and similar companies may need to focus on replicating this success in other markets to maintain growth momentum.

Lastly, this event could influence regulatory landscapes. Policymakers might be more inclined to support and incentivize the adoption of resilient energy solutions, potentially opening up new market opportunities for companies like Sunnova.

HOUSTON--(BUSINESS WIRE)-- Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today that it powered the homes of almost 3,000 customers in the Houston area during and after Hurricane Beryl from July 8 to July 15 while the local utility grids were knocked out and unable to deliver power to Texans. During these eight days, Sunnova solar + storage customers generated 485,249 kWh of energy.

“We’re proud of our proven track record of helping keep the power on during disasters, and pleased to have powered our fellow Houstonians during Hurricane Beryl,” said William J. (John) Berger, President and Chief Executive Officer at Sunnova. “At a critical moment for our city’s power infrastructure, Sunnova had the capability to deliver when the local utilities could not, and as a result, nearly 3,000 Houston-area customers were able to keep the lights on, their food cold and their families safe. This reinforces the notion that during grid outages, a solar + storage system protects homeowners and provides peace of mind with clean, resilient power that comes backed by the best service in the industry.”

The strength and resiliency of Sunnova’s solar + storage systems have been battle-tested in numerous storms throughout the United States and its territories, proving to be an excellent source of dependable electricity. 96% of Sunnova SunSafe® systems in the Houston area required no repairs or maintenance in the week following Hurricane Beryl, and for those that did, Sunnova dispatched crews immediately to perform repairs.

“Solar + storage adoption continues to accelerate as people see its value as a resilient source of energy,” said Michael Grasso, Executive Vice President and Chief Revenue Officer at Sunnova. “We believe the distributed energy from these aggregated power plants will play an increasing role in US utility grids where our solar + storage systems supplement the centralized electric system to drive increased resiliency and when the grid fails, to ensure reliable off grid power to our customers.”

Serving an extensive customer base of over 400,000 customers spread across 51 U.S. states and territories, Sunnova remains dedicated to advancing the energy landscape through its mission of powering energy independence.

About Sunnova
Sunnova Energy International Inc. (NYSE: NOVA) is an industry-leading adaptive energy services company focused on making clean energy more accessible, reliable, and affordable for homeowners and businesses. Through its adaptive energy platform, Sunnova provides a better energy service at a better price to deliver its mission of powering energy independence™. For more information, visit http://www.sunnova.com.

Sunnova Media:

Ryan Bechtold

Ryan.Bechtold@sunnova.com

Sunnova Investors & Analysts:

Rodney McMahan

281-971-3323

Rodney.McMahan@sunnova.com

Source: Sunnova Energy International Inc.

FAQ

How many Sunnova customers were powered during Hurricane Beryl in Houston?

Sunnova powered nearly 3,000 customers in the Houston area during Hurricane Beryl from July 8 to July 15, 2023, while local utility grids were knocked out.

How much energy did Sunnova's solar + storage systems generate during Hurricane Beryl?

Sunnova's solar + storage systems generated 485,249 kWh of energy over the eight-day period during and after Hurricane Beryl.

What percentage of Sunnova SunSafe systems required repairs after Hurricane Beryl?

Only 4% of Sunnova SunSafe systems in the Houston area required repairs or maintenance in the week following Hurricane Beryl, demonstrating a 96% reliability rate.

How many customers does Sunnova (NOVA) serve across the United States?

Sunnova serves an extensive customer base of over 400,000 customers spread across 51 U.S. states and territories.

Sunnova Energy International Inc.

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