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Tigo Energy Green Glove Program for C&I Solar Builds Bridge to Total Quality Solar

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Tigo Energy, Inc. (NASDAQ: TYGO) announced the success of its Green Glove program, providing crucial support to solar installers resulting in better outcomes for end customers. The program has been utilized for 70 installations across North America and Europe, with positive feedback from installers such as Southern California Energy Alternatives and Circuit Electric Service. The program includes comprehensive design reviews, on-call support during installation, and thorough post-installation follow-ups, resulting in a premium support experience for solar installers.
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The introduction of Tigo Energy's Green Glove service program represents a strategic initiative to improve customer satisfaction and operational efficiency within the solar energy sector. By providing comprehensive support throughout the installation process, Tigo is addressing a critical pain point for installers—namely, the variability in construction methods and design challenges across different regions. This program can lead to a reduction in installation errors, potentially increasing the reliability and performance of solar systems, which in turn could translate into higher customer retention rates and positive brand recognition for Tigo.

From a market perspective, the Green Glove program could serve as a differentiator in the highly competitive solar industry, enabling Tigo to capture a larger market share. By ensuring that installers are supported, Tigo is indirectly boosting the quality of its product offerings, as proper installation is key to system performance. This focus on post-sale support is likely to enhance customer loyalty and may lead to increased sales through word-of-mouth recommendations, a crucial marketing tool in the B2B sector.

The announcement of the Green Glove program by Tigo Energy may have positive implications for the company's financial performance. By improving the installation experience and outcomes, Tigo is likely to see a reduction in costs associated with customer service calls, warranty claims and potential system failures. This proactive approach can improve Tigo's profit margins by decreasing the likelihood of incurring expenses related to post-installation issues.

Furthermore, the reported satisfaction among installers using the Green Glove program suggests that Tigo may experience an increase in repeat business, which is typically more cost-effective than acquiring new customers. If Tigo's program leads to a demonstrable improvement in system performance and longevity, the company could command premium pricing for its products and services, enhancing its revenue streams. Investors should monitor the adoption rate of the Green Glove program and any subsequent impact on Tigo's quarterly and annual financials.

From a sustainability standpoint, the Green Glove program launched by Tigo Energy underscores the industry's shift towards not only providing renewable energy solutions but also ensuring that these solutions are implemented with the highest standards of quality and efficiency. By facilitating better installation practices, Tigo is contributing to the longevity and durability of solar installations, which is essential for maximizing the environmental benefits of solar energy.

Long-term, reliable solar installations reduce the need for frequent repairs or replacements, which in turn minimizes waste and resource consumption. As the solar industry grows, such initiatives may become a benchmark for best practices, influencing the broader market to adopt similar support programs. This could result in a more sustainable solar industry overall, with a focus on the entire lifecycle of solar products—from manufacturing to installation and operation.

The Green Glove service program from Tigo creates a crucial link between solar hardware manufacturers, system designers, and installers for quality and longevity in solar installations.

CAMPBELL, Calif.--(BUSINESS WIRE)-- Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced that the Company's innovative Green Glove program has resulted in satisfied installers, as the team supports throughout every installation phase. Available to all solar installers, the Green Glove program is specifically designed to deliver a premium support experience that enriches the C&I installer journey from design to commissioning. Since the program launched, installers across North America and Europe have taken advantage of the Green Glove program for 70 installations, resulting in better outcomes for end customers.

For Tigo installers such as Southern California Energy Alternatives and Circuit Electric Service, the Green Glove process starts with a comprehensive design review before installation, in which Tigo support personnel provide valuable insights and guidance. During installation, the support personnel are available on-call at regional Tigo locations to assist and address any concerns. After installation, the support team conducts thorough reviews and follow-up discussions, continually addressing outstanding questions and gathering valuable feedback to enhance the overall installation experience.

“Optimizing the installation process is critically important to us because we operate in more than 15 U.S. states, and we got involved with the Green Glove program to help our installers deal with the wide variety of construction methods and designs they face,” said Brittany Johnson, Project Coordinator at Circuit Energy Solutions. “When we heard about the release of Green Glove, we decided to give it a try because such close-knit relationships with solar technology providers are genuinely rare. This was a great decision because the design review was user-friendly, and having on-call support during installation was a game-changer. Our team gives it a perfect ten across the board.”

“What Tigo Energy pulls off with Green Glove is a thousand times better than what anyone else is doing for their customers,” said Brandon Slater, President of Southern California Energy Alternatives. “Tigo not only comes with top-notch quality products for designing and installing, but their Green Glove program takes the whole installation experience to the next level. Our ride with Tigo has been nothing short of awesome, helping SCE Alternatives step up our game in delivering superior customer experience.”

Through a series of formalized support engagements, the Green Glove program drives quality across the solar value chain with a process that engages installers before, during, and after installation. After more than 15 years in the market, in excess of tens of thousands of commercial installations, and >1.5GWh monitored daily, Tigo is sharing insights into the success factors and the challenges for commercial and industrial solar installations. With an MLPE platform that interfaces with thousands of different inverters across dozens of suppliers in the market, Tigo also has a uniquely broad view of nearly every conceivable configuration and situation.

“In order for the continued growth of the solar industry, we must play as a team with a focus on quality. Green Glove is the Tigo playbook that is helping shape the future of solar through quality and collaboration,” said JD Dillon, chief marketing officer at Tigo Energy. “With thousands of engineering hours spent analyzing issues in C&I installations–regardless of whether those issues were related to Tigo products–Green Glove participants benefit from an unprecedented base of practical knowledge. The success of Green Glove to date is a testament to Tigo's commitment to Total Quality Solar.”

To register for the Green Glove program, please visit the Tigo Energy website.

About Tigo Energy

Founded in 2007, Tigo is a worldwide leader in the development and manufacture of smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. Tigo combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Tigo MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market. For more information, please visit www.tigoenergy.com.

Technica Communications

Cait Caviness

Email: tigoenergy@technica.inc

Source: Tigo

FAQ

What is Tigo Energy's ticker symbol?

Tigo Energy's ticker symbol is TYGO.

How many installations has the Green Glove program been utilized for?

The Green Glove program has been utilized for 70 installations across North America and Europe.

Which companies have provided positive feedback for the Green Glove program?

Companies such as Southern California Energy Alternatives and Circuit Electric Service have provided positive feedback for the Green Glove program.

What support does the Green Glove program provide during installation?

The program includes on-call support at regional Tigo locations to assist and address any concerns during installation.

What is the purpose of the Green Glove program?

The Green Glove program is designed to deliver a premium support experience that enriches the C&I installer journey from design to commissioning.

Tigo Energy, Inc.

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