SunPower Launches New Monitoring App Enabling Homeowners to Manage Solar and Storage

SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced the new mySunPower™ app, the company's new experience for homeowners to review and manage their energy generation, consumption, and battery storage settings from a mobile device. The new mySunPower app for monitoring will be available for download for SunPower Equinox® customers on Feb. 16 on the Apple App Store and Google Play and will be available to all of SunPower's 285,000 monitoring customers by spring 2021.

Designed to integrate seamlessly with SunPower's existing homeowner platform, the mySunPower app makes it possible to optimize energy use, save money, and become less dependent on traditional energy providers in the face of rolling blackouts, natural disasters, and the impacts of climate change.

SunPower has completely rethought the monitoring experience for homeowners. Launch features include:

• Storage system controls: mySunPower users can control their battery settings from the palm of their hand. Homeowners can set their battery to minimize energy costs, lower their carbon footprint, or preserve maximum resilience in the event of unforeseen power outages.
• Live power flow: With live data, Equinox customers with production meters can view the immediate impact of their energy choices, including the effects of changing weather conditions, adjustments in battery settings, or even the use of small appliances such as a microwave in real time.
• In-app alerts: New notification features alert homeowners to important changes to their system status, connectivity, and weather conditions. Additional app features expected to be released later in 2021 include alerts for homeowners to prepare for rolling blackouts and other disruptions.

A TIPPING POINT FOR SOLAR AND STORAGE
According to data from Wood Mackenzie and the Solar Energy Industries Association (SEIA), more than 25 percent of on-site solar systems will be paired with storage by 2025. The new mySunPower app will reduce the learning curve for customers adopting solar and storage through a completely revamped interface, actionable insights based on real-time data, and live in-app updates on the system's status and connectivity. This customer-focused innovation will help facilitate the adoption of solar and storage systems, such as SunPower's SunVault™ storage, transforming North America's distributed energy grid.

"The launch of the new mySunPower app represents a major step forward for solar and storage customers," said Jake Wachman, vice president of software product and engineering. "By combining system monitoring and control in a single, easy-to-use mobile application, SunPower is changing how homeowners interact with renewable energy technology. The new mySunPower app establishes solar and storage systems firmly in the growing smart home ecosystem."