Introducing New Load Controller to the SolarEdge Home Ecosystem: A Compact, Wireless, Quick & Easy to Install Smart Energy Device

Rhea-AI Summary

SolarEdge Technologies (NASDAQ: SEDG) has unveiled the SolarEdge Home Load Controller at the RE+ trade show in Anaheim, California. This innovative device allows homeowners to manage significant energy loads such as air conditioners and pumps through the mySolarEdge App, enhancing backup times during grid outages. Compact and easy to install, it integrates wirelessly into the SolarEdge ecosystem without complicated wiring. By optimizing energy consumption, the device aims to increase solar self-consumption and promote energy independence.

Positive

• Launch of the SolarEdge Home Load Controller enhances energy management for homeowners.
• Device integrates with the mySolarEdge App for remote control of energy loads.
• Improves backup times and optimizes solar energy usage, increasing solar self-consumption.

Negative

• None.

• Homeowners can now control their home’s heaviest energy loads (pool and well pumps, air conditioners, etc.) directly from the mySolarEdge App, enabling longer backup times
• Quick and easy to install with no need for complex communication wiring, the device wirelessly integrates into the SolarEdge Home ecosystem without hardwiring

MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, has announced today at RE+ (booth #2416) Anaheim, California the launch of the SolarEdge Home Load Controller, the latest addition to the SolarEdge Home ecosystem, enabling longer and smarter backup control. Available for orders from October 2022.

The SolarEdge Home Ecosystem: homeowners can now control their home’s heaviest energy loads directly from the mySolarEdge App, enabling longer and smarter backup control.

The SolarEdge Home Load Controller is a wireless device that is designed to optimize energy consumption by controlling heavy load home appliances. Compactly designed, the size of a card deck, the Load Controller is easy-to-install, enabling remote and automatic control of home appliances such as heat pumps, EV chargers, pool and well pumps, HVAC and others. As a result, homeowners are able to increase their solar self-consumption by using excess energy that would otherwise be lost and extend their battery backup time during grid outages.

Once installed, the load controller seamlessly integrates with the user-friendly mySolarEdge App, enabling homeowners to control loads directly from their smartphone. Homeowners can now schedule and track their solar energy production, battery storage, grid services (if connected), and solar self-consumption. The SolarEdge Home operating system best calculates energy usage and savings, according to personal preference while considering external factors such as weather events and utility rates.

Peter Mathews, North America General Manager of SolarEdge, said: “Smart energy management is becoming crucial as electricity costs continue to escalate and grid outages become more prevalent. There is a growing need for tools and technology that manage solar energy consumption in a smarter and coordinated way. We believe that this will pave the way for energy independence and sustainable living.”

For more information on SolarEdge Home please visit www.solaredge.com/solaredge-home

About SolarEdge Technologies, Inc.

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximise power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, electric vehicle powertrains and grid services solutions. For more information, visit solaredge.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220920005769/en/

Lily Salkin

Global PR & Media Relations Manager

Lily.salkin@solaredge.com



Dana Noyman

Head of Corporate Communications and Global PR

dana.noyman@solaredge.com

Source: SolarEdge Technologies, Inc.

FAQ

What is the SolarEdge Home Load Controller?

The SolarEdge Home Load Controller is a device that enables homeowners to manage heavy energy loads from appliances using the mySolarEdge App.

How does the SolarEdge Home Load Controller improve energy management?

It optimizes energy consumption and allows homeowners to control appliances remotely, thereby increasing solar self-consumption.

When is the SolarEdge Home Load Controller available for orders?

The SolarEdge Home Load Controller is available for orders starting October 2022.

Where was the SolarEdge Home Load Controller launched?

The SolarEdge Home Load Controller was launched at the RE+ trade show in Anaheim, California.

What company is behind the SolarEdge Home Load Controller?

The SolarEdge Home Load Controller is developed by SolarEdge Technologies, a leader in smart energy technology.