Enphase Energy, Inc. · NASDAQ:ENPH
Enphase Energy — Investor Presentation (February 2024)
21 slides from Enphase Energy's investor presentation, February 2024
Slide 1: Unlock the full potential of NEM 3.0 with the power of an Enphase Energy System
Unlock the full potential of NEM 3.0 with the power of an Enphase Energy System February 2024 1
Slide 2: Topics
Topics 1. Introduction 2. The Enphase comprehensive offering 3. Solargraf to generate compelling proposals 4. True-up 5. Conclusion 2 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 3: 1. Introduction
1. Introduction © 2024 Enphase Energy, Inc. | CONFIDENTIAL 3
Slide 4: NEM 3.0 Takeaways
NEM 3.0 Takeaways NEM3.0 introduces hourly export rates that are 75% Utlity Bill Offset (%) lower than import rates on most days 100% • Exporting excess solar at low export rates has limited utility bill 90% offset • Installing a battery enables storage of excess solar 80% • Using energy stored at n
Slide 5: PG&E NEM3.0 Export Rates
PG&E NEM3.0 Export Rates Import Rates 2024 PG&E NEM3.0 Hourly Export Rate (without adders) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec PG&E E-ELEC 12:00 AM 0.056 0.056 0.051 0.052 0.056 0.054 0.054 0.06 0.06 0.056 0.054 0.052 Peak 0.546/kWh 1:00 AM 0.052 0.056 0.048 0.047 0.05 0.05 0.052 0.054 0
Slide 6: SDG&E NEM3.0 Export Rates
SDG&E NEM3.0 Export Rates Import Rates 2024 SDG&E NEM3.0 Hourly Export Rate (without adders) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec SDG&E EV-TOU-5 12:00 AM 0.056 0.052 0.054 0.046 0.057 0.054 0.056 0.057 0.055 0.054 0.049 0.056 On-Peak 0.816/kWh 1:00 AM 0.057 0.052 0.054 0.037 0.051 0.05 0.
Slide 7: SCE NEM3.0 Export Rates
SCE NEM3.0 Export Rates 2024 SCE NEM3.0 Hourly Export Rate (without adders) Import Rates Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec SCE TOU-D-PRIME 12:00 AM 0.057 0.053 0.054 0.035 0.051 0.05 0.053 0.055 0.052 0.051 0.049 0.056 1:00 AM 0.057 0.053 0.054 0.034 0.049 0.051 0.052 0.054 0.051 0.05
Slide 8: 2. The Enphase comprehensive offering
2. The Enphase comprehensive offering © 2024 Enphase Energy, Inc. | CONFIDENTIAL 8
Slide 9: Unlock the full potential of NEM3.0 with Enphase
Unlock the full potential of NEM3.0 with Enphase Tailor the Enphase IQ Avoid costly electrical Maximize savings under Charge your EV smartly Monitor and control your Battery’s operation to panel or utility NEM 3.0 import and with surplus solar using NEM 3.0 system and meet your specific needs infras
Slide 10: Modular IQ Battery with flexible operation modes
Modular IQ Battery with flexible operation modes 10 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 11: Power Control Technology to avoid costly upgrades
Power Control Technology to avoid costly upgrades What is Power Control? • Enphase Power Control is a software feature included in every Enphase Energy System that controls the amount of Renewable Energy Source (RES) output power. Features • This gives installers more flexibility in system design to
Slide 12: AI-powered Intelligent Energy Management
AI-powered Intelligent Energy Management How it works Energy management is complex, but Intelligent Energy Management makes it beautifully simple. AI Forecast Optimize Control The Intelligent Energy Management Using intelligent forecasts, cloud- Intelligent Energy Management learns the home's daily
Slide 13: IQ EV Charger with smart charging
IQ EV Charger with smart charging Click to learn more 13 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 14: Enphase App to control Enphase systems
Enphase App to control Enphase systems Click to learn more 14 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 15: 3. SolarGraf to generate compelling proposals
3. SolarGraf to generate compelling proposals © 2024 Enphase Energy, Inc. | CONFIDENTIAL 15 15 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 16: Solargraf to generate compelling proposals
16 COMPREHENSIVE SOLUTION Solargraf to generate compelling proposals Design your roof Size your system Select your electricity tariff Generate and grid services a proposal Rooftop 3D modeling for convincing Individual solar and battery sizing Preview savings and payback from Create tailored proposal
Slide 17: 4. True-up
4. True-up © 2024 Enphase Energy, Inc. | CONFIDENTIAL 17 17 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 18: The true-up month makes a difference
The true-up month makes a difference • Under NEM 3.0 the customer can choose a true-up month once • Every month the bill must be paid, either with export credits or normal payment • Export credits expire at the end of the annual billing cycle • If the true-up month is in June, the export credits ear
Slide 19: 5. Conclusion
5. Conclusion © 2024 Enphase Energy, Inc. | CONFIDENTIAL 19 19 | © 2024 Enphase Energy, Inc. | CONFIDENTIAL
Slide 20: Conclusion
Conclusion Cost of Buying and Selling Energy from and to the grid is time-varying • Minimize selling excess solar energy during the day • Minimize buying energy during peak-rate periods • Maximize selling energy during peak-compensation periods Add a small and simple battery to improve ROI • Battery
Slide 21: Revision History
Revision History Revision Date Description MKT-00748-1.0 February 2024 Added slides for the energy system components ready for NEM 3.0 Previous releases August 2023 Initial release © 2024 Enphase Energy. All rights reserved. Enphase, the Enphase logo, and other 21 | © 2024 Enphase Energy, Inc. | CON
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