Enphase Energy Celebrates Community Giving Milestone with GRID Alternatives Over 1,500 Enphase employee volunteer hours spent installing solar for low-income families in local community Business Wire PETALUMA, Calif. -- December 12, 2012 Enphase Energy, Inc. (NASDAQ: ENPH), today announced a company community giving milestone with GRID Alternatives, a nonprofit that brings the benefits of solar technology to communities that would not otherwise have access. Since 2010, Enphase has worked with GRID Alternatives to bring solar power to low-income families in the San Francisco Bay Area through philanthropic employee workdays and donations of the Enphase^® Microinverter System. Today, Enphase employees are installing the company’s 12^th solar array with GRID Alternatives on a home in Petaluma, Calif., bringing the total of volunteer time to over 1,500 hours. The community and environmental impact of Enphase employee workdays to-date: *$280,000 savings to the 12 families combined *Over 875 tons of greenhouse gas emissions prevented *20,600 equivalent number of trees *Equivalent of taking 150 cars off the road for one year In addition to employee workdays, Enphase is credited with the largest inverter donation in GRID Alternatives’ history of over 2,300 microinverters. This donation can support nearly 500kW of solar energy, which GRID Alternatives estimates will generate $4.4 million worth of power over the systems’ expected lifetime. Almost 14,000 tons of greenhouse gas emissions is estimated to be prevented from entering the atmosphere due to this single donation. “We partnered with GRID Alternatives very early on as a company because we believed in the value they bring to families in our community who need clean, affordable energy the most,” said Greg Steele, senior vice president of manufacturing for Enphase. “GRID is also to be commended for the critical hands-on job training they provide for aspiring solar installers. We are proud to continue supporting them as both of our organizations expand and flourish.” GRID Alternatives has installed solar electric systems for nearly 2,800 low-income families in California to-date, and is expanding to Colorado in 2013. These systems are expected to save families $76 million in electricity costs. “Enphase’s investment in GRID is helping level the playing field for low-income families who would otherwise not have access to money-saving solar technology, and at the same time making the air a little cleaner for all of us,” said Erica Mackie, executive director and co-founder of GRID Alternatives. “They’ve been a great partner.” Read more about the impact Enphase and GRID Alternatives brings to working families in the Bay Area on the Enphase blog. http://enphase.com/eblog/2012/video-enphase-grid-alternatives-bring-solar-power-to-working-families/ About Enphase Energy, Inc. Enphase Energy delivers microinverter technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management. Our semiconductor-based microinverter system converts energy at the individual solar module level and brings a systems-based, high technology approach to solar energy generation. Connect with Enphase on Facebook and follow us on Twitter. www.enphase.com Enphase Energy®, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc. Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20121212005424/en/ Multimedia Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50505274&lang=en Contact: Enphase Energy Christine Bennett, +1-707-763-4784 Global Corporate Communication Manager firstname.lastname@example.org
Enphase Energy Celebrates Community Giving Milestone with GRID Alternatives
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