08/08/17

SMA Announces Rebate Program for Power+ Solution

Residential Installers to Receive a Bonus for Installations from August through Year’s End

Today SMA announced a new rebate program for its innovative Power+ Solution. With the Power+ Payday, residential installers can receive a $50 pre-paid debit reward card for each Power+ Solution that is installed and registered in Sunny Portal between August 1, 2017 and December 31, 2017. Quantities will not be limited.

“The Power+ Solution is already helping installers save time and money, and now SMA has taken it to the next level by giving installers additional cash in their pockets,” said Charles Ellis, vice president of distributed sales for SMA America. “We know that solar installers appreciate fast, cost-effective and high-performing solar solutions. Power+ reduces cost and risk, delivers speed and performance, and now with the Power+ Payday program, it offers even more savings.”

Obtaining the rebate is simple. First, installers must purchase from an Authorized Distributor. Then, they just need to submit purchase information along with proof of purchase online. SMA will mail pre-paid debit reward cards directly to recipients.

SMA’s Power+ Solution is redefining what it means to optimize a residential PV system using MLPE. Combining the proven Sunny Boy-US inverter with the TS4-R Module Level Power Electronics (MLPE), the Power+ Solution cost-effectively optimizes residential PV systems and ensures higher energy yields. The solution can be applied per module for operational simplicity, or selectively for faster installation. With the Power+ Solution, integrators can choose to apply the technology in a way that optimizes ROI for their individual business model.

Installers can submit a Power+ Payday rebate claim here.


About SMA
The SMA Group with sales of around €1 billion in 2016 is the global market leader for solar inverters, a key component of all PV plants. SMA offers a wide range of products and solutions that allow for high energy yields for residential and commercial PV systems and large-scale PV power plants. To increase PV self-consumption efficiently, SMA system technology can easily be combined with different battery technologies. Intelligent energy management solutions, comprehensive services and operational management of PV power plants round off SMA’s range. The company is headquartered in Niestetal, near Kassel, Germany, is represented in 20 countries and has more than 3,000 employees worldwide, including 500 working in Development. SMA’s multi-award-winning technology is protected by approximately 900 patents and utility models. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is currently the only company in the solar industry that is listed in the TecDAX index.
www.SMA-America.com


Media Contacts:
Jessica Dumont • Jessica.Dumont@SMA-America.com
Brad Dore • Brad.Dore@SMA-America.com
SMA America • 916 625 0870


Disclaimer:
This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.

This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.

SMA America, LLC
6020 West Oaks Blvd
Rocklin, CA 95765 U.S.A.

Tel. +1 916 625 0870
Fax +1 916 625 0871
Toll Free 1-888-4SMAUSA

Press@SMA-America.com

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