Sunnova Brings Solar and Battery Storage Services to Retail Stores in Puerto Rico
HOUSTON–(BUSINESS WIRE)–Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), one of the leading U.S. residential energy service providers, announced today that its reliable Sunnova SunSafe® solar + battery storage service will now be available in all of The Home Depot stores across Puerto Rico.
“This expansion of our energy services to The Home Depot stores makes it even easier for Puerto Ricans to control their energy costs and keep their homes powered during grid outages,” said Vera Gavrilovich, VP of Marketing at Sunnova. “As the largest provider of distributed residential solar power in Puerto Rico, we are committed to providing clean, resilient and affordable energy services to our customers; and with an increasingly unreliable power grid, we’re proud to provide homeowners the peace of mind that comes with producing and storing their own power.”
Sunnova has been active in Puerto Rico since 2013, and has the largest presence on the island with over 30,000 customers and growing rapidly. Since Hurricane Maria in 2017, Sunnova has deployed over 17,000 batteries in Puerto Rico and has a 100% battery attachment rate since 2018. Puerto Rican homeowners will now have access to a trained solar energy expert at all Home Depot stores across the island and can get a solar system with battery storage backed by Sunnova Protect® for 25 years of worry-free maintenance, monitoring, repairs, replacements and energy guarantee.
In 2021, Sunnova entered into 100 stores with The Home Depot across key hurricane markets – Florida, Virginia, Maryland, and locally in Reno, Nevada— to give customers access to its Sunnova SunSafe solar + battery storage service.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Sunnova’s future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “going to,” “could,” “intend,” “target,” “project,” “contemplates,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern Sunnova’s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this press release include, but are not limited to, statements regarding the growth of Sunnova’s customer base in Puerto Rico and the benefits of Sunnova’s product offerings to customers in Puerto Rico. Sunnova’s 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 forecast our business due to our limited operating history, the effects of the coronavirus pandemic on our business and operations, results of operations and financial position, our competition, changes in regulations applicable to our business, fluctuations in the solar and home-building markets, availability of capital, supply chain uncertainty, our ability to attract and retain dealers and customers and our dealer and strategic partner relationships. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Sunnova’s filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2021 and our subsequent Quarterly Reports on Form 10-Q. The forward-looking statements in this press 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.
Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential energy 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®.
For more information, please visit sunnova.com
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