FLEX ENERGY STORAGE SYSTEM
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1 FLEX ENERGY STORAGE SYSTEM Dealer Presentation Solar panels stop producing energy when the grid goes down. FLEX kicks into action and powers your devices until the grid is back. - TV - 40 hrs LAPTOP - 80 hrs FRIDGE - 48 hrs 5 LED BULBS hrs When the grid goes down, have peace of mind. Sandee Messel smessel@solarmaxtech.com
2 Why SolarMax? WHO IS SOLARMAX? Founded in 2008 A global sustainable energy company Residential Solar Solutions Commercial Solar Solutions LED Lighting Solar Battery Backup Solutions In the top 1% of US solar installers solarmaxtech.com OUR TECHNOLOGY SolarMax innovates and utilizes technologies that traverse a wide range of sustainable energy initiatives. Significant internal, market, and research investment has enabled SolarMax to create useful solutions across a diverse renewable portfolio. This includes our newest solar battery backup solution, FLEX. We are passionate About renewable energy 3
3 Control Costs With solar you can control your energy costs and secure predictable electricity costs. Save Money Solar is less expensive than energy from the grid, so you can save money. Help Our Environment Solar energy creates 96% less CO 2 than coal and 91% less CO 2 pollution than natural gas. Energy Independence Solar energy is clean and provides you a reliable, unlimited source of energy. Solar Is Massive More than one million homes will have solar energy by the end of 2016 However a huge opportunity still exists During a power outage electricity disappears even with solar 4
4 - CHALLENGE: SOLAR PANELS STOP PRODUCING ENERGY WHEN THE GRID FAILS DUE TO BLACKOUTS 5 Solution: SolarMax s Flex Energy Storage System is a battery backup solution that stores the energy you harvest during the day and uses it in the event of a blackout. ---
5 BATTERY INVERTER/CHARGER LFP Li-ion Battery - Battery Capacity: 5.12 kwh - Certified - Output Power: 1600W - Output: 110/120 VAC +-5% - Transfer Tim 10ms ~ 20ms - Also Included: Automatic Transfer Switch 2 Solar Panels FLEX Energy Storage System All Inclusive, Certified, Assembled in USA 6
6 -- TIME OF USE BATTERY BACKUP Self consumption Load Shifting during peak hours Grid Outage = Power Failure ONLY Used to store energy when it s cheap for future use Instant Power In Blackout Critical Applications Grid Outage = Battery Power 8% Attach Rate with users of solar energy solutions. $640M Addressable Market 2 Approaches: Time of Use v. Battery Backup Time of use approaches do not keep critical devices on during a blackout. The FLEX Energy Storage System Keeps power on and critical appliances running during a blackout. 7
7 5.12 Generator After grid fails, slow startup Noisy Larger installation footprint Shorter life Complicated maintenance Unreliable voltage Powered by fossil fuels Requires exhaust No tax incentives - Fast = 8 milliseconds to switch Silent Small installation footprint Long life No maintenance Reliable voltage Powered by solar, not fossil fuels No exhaust Eligible for tax incentives Why is FLEX is an Industry game changer? FLEX Advantage No Fuel Cost No Maintenance Cost Freedom to choose what gets powered by FLEX during a blackout kwh Capacity Generator v. FLEX Our clean, silent solution is friendly to our environment 8
8 - - 5kWh of power will run all of these devices. Enough power to weather the most stubborn blackouts. - FRIDGE LAPTOP TV 5 LED BULBS HOURS HOURS 40 HOURS to be approved by Los Angeles Department of Water & Power HOURS to market, Ready to ship st 1st 100% customer satisfaction rating Preselect devices and appliances FLEX powers critical needs until the grid is restored 9
9 ---- TERRIFIC TAX INCENTIVES --- ALL INCLUSIVE EASY --- INSTALL CUSTOMIZE DEVICES YOU WANT POWERED BEST IN CLASS WARRANTY Features and Benefits FLEX is an easy decision for customers who demand the best 10
10 Convenience FLEX Makes life easier. 500K 150K - - Entertainment TV, Gaming Consoles Orderly Evacuation Cleanliness Temperature Cooking Example Emergency Lighting Water Systems Fans Electric Stoves Dec 13 MI storm = 500K w/o power 150K remained without power On Christmas Day No Power, No Play We take it for granted, until it s gone 11
11 Business FLEX Makes work efficient. 284% - - Computers & Internet Laptop, Modem, Router Data Loss Cloud Equipment Cash Flow / Customer Service $150B Example Saved Files , Dropbox, Social Critical Production Line Point of Sale Systems US grid fails 285% more since 84 Costing businesses $150B per year Weather disruptions costing the most No Power, No Work When the power goes out, businesses begin to fail 12
12 Life Saving FLEX Saves lives. - - Patients dependent on devices Oxygen On call life savers Emergency responders Children Remote Example 15 many Doctors, EMTs, Peramedics Police, Fire Baby Monitors Power Anywhere in the World 15 Million People have COPD Many of them need oxygen 24/7 No Power, No Oxygen Minutes of power could have life or death consequences 13
13 Waste FLEX Saves us money. - - Spoilage Refrigerators Event Planning Water Fuel Portable Solutions Example 40 F 2 hr Freezers, Thanksgiving Sump Pumps, Sprinklers Old Gas Generator Solution Candles, Flashlights Food must not raise above 40 F For more than 2 hours Otherwise, it is dangerous to eat No Power, No Preservation Electricity is critical to mitigating waste 14
14 Health FLEX Improves our lives. $180B 5x - - Physicians and Dentists Vaccines, Meds, Procedures Disease Disabled Temperature Pollution Example Water Filtration Systems Electric Scooter Portable Heater Solar Energy = Less CO 2 The economy loses up to $180 Billion Per year in damages. As much as 5x this could be indirect costs. No Power, No Well Being Loss of power means we lose the ability to live a little better 15
15 Safety FLEX Keeps us safer. - - Security Home Security Systems Darkness & Injury Crime Home Automation Remote Access Example 2x 5ys Important Lighting & Bulbs Security Cameras Alexa, Homekit, Smartthings Security Doors / RR Crossing Number of outages have doubled Every 5 years Since 2000 No Power, No Safety When the power is out, there is more danger and higher risk 16
16 Why FLEX? SOLARMAX S FLEX ENERGY STORAGE SYSTEM IS A BATTERY BACKUP SOLUTION THAT STORES THE ENERGY YOU HARVEST DURING THE DAY AND USES IT IN THE EVENT OF A BLACKOUT. TOP TIER PARTNER BETTER ALTERNATIVE TO GENERATOR PROVEN ADOPTION (LADWP) DIVERSE CUSTOMER APPLICATION REVENUE AND MARGIN OPPORTUNITY -- FIRST TO MARKET HIGH CUSTOMER SATISFACTION --- BRAND NEW PRODUCT CATEGORY INCREMENTAL SALES OPPORTUNITY Questions? FLEX is an easy decision for customers who demand the best 17
17 solarmaxtech.com CONTACT US ON THE WEB th Street, Riverside, smessel@solarmaxtech.com Phone: Fax: Facebook.com/SolarMaxTechnology - Twitter.com/SolarMaxTechInc - Youtube.com/user/SolarMaxTech - Get in touch Please, reach out with any questions! 19
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