Boston Solar Unveils Revolutionary Smart Electrical Panel, Reinforcing Leadership in Solar Energy and Home Management Solutions

WOBURN, MA, Oct. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- SinglePoint, Inc. (OTCQB:SING) subsidiary, Boston Solar, a leader in the Massachusetts renewable energy market and a Proud Partner of the Boston Red Sox, is pleased to announce the integration of the SPAN Panel into its comprehensive suite of home energy management systems. This groundbreaking smart panel comes as the company celebrates over 12 years of empowering New England with the installation of more than 5,500 solar energy systems in residential and commercial buildings.

A Game-Changer for Investors and Homeowners Alike

“As we continue to lead in the solar energy sector, the introduction of the SPAN Panel is a significant stride towards optimizing energy usage,” said Daniel Mello Guimaraes, CEO & Co-Founder of Boston Solar.

Why SPAN Smart Electrical Panels?

The SPAN Panel offers real-time monitoring and circuit-level control, allowing homeowners to maximize their energy savings. These panels integrate seamlessly with Boston Solar's existing solar power, battery back-up and EV charging offerings, providing an all-in-one solution for energy management.

Automatic Switch to Battery Power During Outages: In systems designed to operate standalone battery backups, The SPAN Panel has a built-in switch that disconnects the system from the electric grid during a power outage, enabling the battery system to take over instantly.

Longer Battery Life During Power Outages: The SPAN Panel extends the time of usable stored energy by up to 40% during outages, ensuring essential circuits remain operational.

Efficient Energy Usage: The SPAN Panel helps homeowners use the electricity produced by their solar panels as efficiently as possible, leading to greater energy savings.

Support for All-Electric Appliances: The SPAN Panel can power electric appliances like heat pumps, water heaters, and induction stoves.

Remote Control: Users can conveniently control their energy usage remotely through a user-friendly app, on their phone, enabling them to adjust based on their preferences and requirements.

Financial Incentives

Customers can take advantage of a $600 tax credit through the Inflation Reduction Act, in addition to the existing 30% solar tax credit. These incentives significantly reduce the overall cost of integrating the SPAN Panel. Customers of Boston Solar will have the comfort and knowledge in how to go solar with the integrated offering of the SPAN Panel in the best economic position for your new solar battery backup and EV Charging installation.