ALISO VIEJO, CA--(Marketwired - Aug 29, 2017) - XsunX, Inc. , (
The energy management system pairs a commercial solar parking canopy with smart energy storage to provide up to 90kW of renewable energy instantaneously during peak day-time use hours and as much as 58kW instantaneously at off-peak hours.
This advanced solar and energy storage system monitors facility energy usage in real-time and then feeds either solar or stored energy (as needed) to prevent the client from crossing over into more expensive utility rates.
Termed "Parallel Operation," the solar system, energy storage, and utility power operate simultaneously to ensure the client is always achieving maximum efficiency - and most importantly, the lowest cost.
"The advantage of energy storage is that XsunX can offer our clients the benefits of solar energy anytime day or night to increase savings and occasionally even shorten payback times. As an example, the addition of energy storage showed the potential for a client to increase savings by 34% while reducing the payback time by 12%." stated Tom Djokovich, CEO of XsunX, Inc.
Widely regarded within the commercial solar industry as the single largest value proposition for solar applications, the addition of energy storage and management technologies to the Company's already popular solar canopy offering allows XsunX to continue to distinguish itself within the renewable energy marketplace.
XsunX specializes in the sale, design, and installation of solar photovoltaic power generation (PV), and energy saving technologies to provide our clients long term savings, predictability, and control of their energy costs. Making solar energy a sound investment for our clients is our mission.
Safe Harbor Statement: Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
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