Finance
Enphase Energy Announces IQ Meter Collar Approval by 80 Utilities in the U.S. and Canada
Enphase Energy, Inc.
Key takeaways
- The Enphase IQ Meter Collar is approved for behind-the-meter installation by 80 utilities in the U.S. and Canada.
- The approving utilities collectively serve more than 38 million customers.
- The IQ Meter Collar enables whole-home backup without moving circuits to a dedicated backup sub-panel.
- Utility approvals of the IQ Meter Collar remove a key barrier to battery adoption.
Enphase Energy, Inc. announced that its Enphase IQ Meter Collar has been approved for behind-the-meter installation by 80 utilities serving over 38 million customers across the United States and Canada. The device, which is a key component of the 4th-generation Enphase Energy System, enables whole-home backup without requiring a dedicated backup sub-panel or additional consumption current transformers. It has secured approvals from all three major investor-owned electric utilities in California, the Sacramento Municipal Utility District, and initial pilot approvals from Hawaiian Electric.
The approvals remove a key barrier to battery adoption by simplifying whole-home backup installations.
In their words
“With the IQ Meter Collar now approved by 80 utilities, we are removing a key barrier to battery adoption, enabling installers to bring our 4th-generation Enphase Energy System to more homeowners, faster and more efficiently.”
“Utility approval of the Enphase meter collar opens the door for us to deploy whole-home backup at much greater scale.”
By the numbers
- 80
- Utilities in the US and Canada approving the device
- 38M+
- Customers served collectively by the approving utilities
- 15-year
- Limited warranty period for the system
- 89.4M
- Approximate microinverters shipped by Enphase
- 5.3M
- Enphase-based systems deployed globally
How it unfolded
- Enphase announces IQ Meter Collar approval by 80 utilities
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Common questions
- What happened with Enphase IQ Meter Collar?
- The Enphase IQ Meter Collar is approved for behind-the-meter installation by 80 utilities in the U.S. and Canada.
- Where can I read the original report?
- Read the full report at Globenewswire.
