“Our growth in Florida and Puerto Rico alone has been exponential,” said Kristen Helsel, Vice President of Sales and Marketing for Pika. The demand for Pika’s systems has seen strong growth in the last year with Pika’s Energy Island sales up 400% in 2018 over 2017 sales. When needs change due to weather events or new utility rates, Pika Energy Island system-owners can uniquely upgrade and expand their system with more or larger batteries, rather than requiring an entire new system. Pika’s solar-plus-storage systems deliver up to two times the current and the ability to run major home appliances, like air conditioning. Homeowners are increasingly looking for systems with more power to keep their homes operating normally when the grid goes down. Instead of living in fear the next hurricane, Pika system owners are ready for the next big storm.” This is very important as storms in the Caribbean continue to intensify and people look for new technologies to keep their homes safe. “By taking a platform approach, Pika enables homeowners to add more storage and access more power as their needs change. Díaz-Galarza, Vice President of Operations at Dynamic Solar in Puerto Rico. “Pika’s systems have set the bar for excellence in the Puerto Rican energy storage market,” said Juan C. Coral seamlessly integrates with solar for multi-day protection from extended grid outages. Coral is a safe and affordable smart battery built on trusted AGM technology. This affordable and powerful system will help to meet the surging demand for whole-home backup power in regions recently impacted by severe weather events. The Coral smart battery is Pika’s entry level system but it packs serious power, up to 8kW. Our new, lower prices will enable more of the people who need it most to be able enjoy clean, reliable backup power.” “With the recent storms in Puerto Rico, Florida, Texas and other coastal regions, demand for powerful energy storage systems has rapidly escalated,” said Ben Polito, CEO of Pika Energy. The price reductions have been enabled through scale efficiencies achieved through rapid sales growth and are designed to deepen market share in areas where local demand is surging and other residential storage providers cannot effectively compete on performance. The price reduction follows the previous announcement of cost reductions to Pika’s Harbor™ smart battery line, lowering prices across all of Pika’s smart battery products. Pika Energy, maker of the Pika Energy Island™ smart solar-plus-storage platform, announced a price cut of $1,000 for its Coral™ smart battery, effective immediately.
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