MySun powered by JLM Energy's home energy storage ecosystem designed for deployment in Hawaii

Company opens office in the heart of downtown Honolulu


HONOLULU, Hawaii, Oct. 4, 2016 (GLOBE NEWSWIRE) -- MySun powered by JLM Energy's solar plus energy storage ecosystem, Energizr 200, is now available in Hawaii and is fully programmed and automated with local tariff data to immediately save homeowners money on utility bills. Energizr 200 enhances efficiency by relying on stored energy when electricity is most expensive to use. Energizr 200 is a certified self-supply product in Hawaii.

The end of retail net metering leaves homeowners with little opportunity to save money because they face costly penalties for sending energy back to the grid – which happens during the day when solar is in peak production and no one is at home. With energy storage, residents store the energy produced while the sun is out and use it in their home in the evening – completely eliminating the need for net metering. This model is known as consumer self-supply and is made available by Hawaiian Electric Co. (HECO).

JLM Energy CEO and Founder Farid Dibachi said, "We initially developed Energizr 200 with the specific intent of solving the challenges customers face in Hawaii. Folks living on the Hawaiian Islands need more choice and control when it comes to their energy consumption. That is why we are increasing our commitment to the region."

In addition to opening an office at 500 Ala Moana Blvd in Honolulu, JLM has hired Darren Jennings as general manager for the Hawaiian Islands. Until recently Jennings served as regional manager for Sunrun. Additional MySun sales team members report to Jennings and are based out of the office.

Jennings said, "Hawaii is the national leader in residential solar installations with an estimated 12 percent of homes tapped into the power of the sun, but in recent months new solar installations have practically ground to a halt. Now solar plus storage is a viable alternative to get clean, affordable energy. I am proud to be joining a company that is offering this innovative technology."

The Energizr 200 grid-tied ecosystem is the most efficient energy storage system available today. Using JLM's patent-pending Symmetric DC Regulation technology, energy flowing from solar panels charges the batteries directly or bypasses the batteries for immediate use by the home. This eliminates unnecessary cycling and enhances battery life.

The cloud-based software platform, Measurz, automatically determines when energy should be used or stored and acts behind-the-scenes to meet a monthly budget set by the homeowner. The software analyzes user habits to come up with efficiency recommendations.

Measurz mobile app enables remote control of appliances including HVAC systems and pool pumps that often cost the most to run. Energizr 200 tracks real-time energy consumption to create efficiencies that can be monitored from home or remotely. This leads to more informed energy use decisions and immediate cost savings.

Features:

  • Saves money by optimizing energy use; 

  • Monitors real-time energy consumption and auto-generates efficiency recommendations;
  • Grid-tied for daily use or grid independent for use during power outages;
  • 30% of system costs are covered by federal incentives;
  • Up to $5,000 of the system costs are covered by state incentives. 


HECO has acknowledged the precision and speed of Energizr 200 and listed it as utility-approved Consumer Self Supply.

About JLM Energy

JLM energy is an innovative technology company that offers a broad set of renewable energy and energy storage products. JLM manages every aspect of the value chain delivered to customers from product design to installation and service.

JLM Energy's full portfolio of advanced energy solutions provides consumers with choice and control over their electricity expenditure. Founded in 2011 by Farid Dibachi and Kraig Clark, JLM Energy is an employee-owned company. www.jlmei.com

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=41569


            
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