SUNPOWER NAMED A WINNER IN GOOD HOUSEKEEPING’S 2022 HOME RENOVATION AWARDS

RICHMOND, Calif., Oct. 20, 2022 /PRNewswire/ — SunPower Corp. (NASDAQ: SPWR), a number one photo voltaic, storage and vitality providers supplier in North America, is proud to share that its SunVault™ battery storage system was named as a winner in Good Housekeeping‘s 2022 Dwelling Renovation Awards within the Greatest Power Savers class. A full listing of winners might be discovered on-line at https://www.goodhousekeeping.com/home/renovation/a40785189/home-renovation-awards-2022/.

Blackouts attributable to excessive climate occasions are on the rise throughout the nation. In accordance with evaluation by the Power Info Administration (EIA), the size of time a median American goes with out electrical energy doubled between 2013 and 2020. SunPower’s SunVault battery storage system shops further vitality generated by the house’s photo voltaic panels for future use. The mixture of the battery’s clever software program with the mySunPower^® app permits householders to observe and management the usage of photo voltaic vitality, robotically switching between energy sources to maximise the usage of saved photo voltaic vitality for backup or invoice financial savings.

Throughout outages, a SunVault can present seamless backup energy by tapping into the reserve vitality; some configurations can present sufficient energy to maintain a complete typical residence operating for as much as three days^*. The system additionally options excessive battery capability and stability, an industry-leading 10-year guarantee and a clear, minimal design.

“This award displays our dedication to ship peace of thoughts for householders as they search extra safety in opposition to blackouts and to stay a extra sustainable way of life,” mentioned Nate Coleman, chief merchandise officer at SunPower. “We’re proud our SunVault battery storage exceeds {industry} expectations due to its unmatched potential to distribute energy effectively throughout peak-rate instances or outages.”

To study extra about SunVault go to https://us.sunpower.com/home-solar/solar-battery-storage.

About SunPower
SunPower (NASDAQ: SPWR) is a number one photo voltaic, storage and vitality providers supplier in North America. SunPower presents the one photo voltaic + storage resolution designed and warranted by one firm that offers prospects management over electrical energy consumption and resiliency throughout energy outages whereas offering price financial savings to householders. For extra data, go to www.sunpower.com

Ahead Wanting Assertion
This press launch incorporates “forward-looking statements” throughout the that means of the Non-public Securities Litigation Reform Act of 1995, together with, however not restricted to, statements concerning anticipated product efficiency and price financial savings. These forward-looking statements are primarily based on our present assumptions, expectations, and beliefs and contain substantial dangers and uncertainties which will trigger outcomes to materially differ from these expressed or implied by these forward-looking statements. Components that would trigger or contribute to such variations embrace, however should not restricted to, regulatory adjustments and the supply of financial incentives selling use of photo voltaic vitality and fluctuations or declines within the efficiency of our photo voltaic panels and different merchandise and options. An in depth dialogue of those elements and different dangers that have an effect on our enterprise is included in filings we make with the Securities and Change Fee (SEC) every now and then, together with our most up-to-date experiences on Kind 10-Okay and Kind 10-Q, notably beneath the heading “Danger Components.” Copies of those filings can be found on-line from the SEC or on the SEC Filings part of our Investor Relations web site at buyers.sunpowercorp.com. All forward-looking statements on this press launch are primarily based on data presently out there to us, and we assume no obligation to replace these forward-looking statements in mild of recent data or future occasions.

*Calculation is an estimate primarily based on typical use {of electrical} home equipment as supplied by the Silicon Valley Energy Equipment Power Use Chart. Buyer expertise will differ primarily based on location and precise utilization and isn’t warranted by SunPower. Some home equipment is probably not suitable with storage system.

SOURCE SunPower Corp.