JLM Energy launches transformational energy storage technology

ROCKLIN, CALIF., March 9, 2016 -- JLM Energy today announced the launch of its grid synergistic residential energy storage system, Energizr 200. It is the first product of its kind combining solar and energy storage from the ground up.

In light of all the changes imposed by utilities and regulatory agencies, this transformational technology is designed to provide consumers more choice and control in their efforts to save money by using renewable energy.
 
JLM Energy Founder and CEO Farid Dibachi said, "For 150 years, we've been told where to buy our electricity and how much we are going to pay for it. Solar has provided a significant stepping stone in choice and control but it has its limitations. Combining solar and energy storage without a significant loss in efficiency is the cornerstone of the technology development behind Energizr 200."
 
"Solar energy is facing an increasingly challenging environment in states like Arizona, Hawaii and Nevada, while these same states are adopting aggressive renewable portfolio standards that utilities are challenged to meet. Energizr 200 is a grid synergistic solution that both utilities and consumers can get behind," Dibachi said.
 
The launch of Energizr 200 marks the first time a single product optimally controls solar, storage and energy efficiency. Combining solar with a smart energy management system makes it possible to rely on stored energy during peak times to lower electric bills.
 
Energizr's proprietary Measurz software analyzes user habits to come up with efficiency recommendations. The mobile app enables remote control of appliances including HVAC systems, smart thermostats and pool pumps that often cost the most to use.  Energizr 200 tracks real-time energy consumption to create efficiencies that can be monitored from home or remotely via smart phone application. This leads to more informed energy use decisions and immediate cost savings.
 
Energizr 200 uses Lithium Iron Phosphate (LiFePO4) batteries which are inherently safer due to their thermal and structural stability and last more than 10 years.
 
The emerging energy storage market is being driven by improved energy efficiency, the declining cost of solar and enhanced energy storage that is made possible by improved battery technology, creating a huge benefit to consumers. Federal incentives for residential energy storage systems are currently available for up to 30% of the total cost.
 
About JLM Energy
JLM Energy, Inc. offers a full portfolio of advanced energy solutions including smart energy storage systems. The team at JLM researches, develops, manufactures, installs and services products that are designed to save money and increase energy efficiency. The proprietary technology in Energizr 200 is also available in customized Commercial and Industrial solutions. Founded in 2011 by Farid Dibachi and Kraig Clark, JLM Energy is solely funded by the two partners and the revenues generated to date.
 
JLM Energy is launching Energizr 200 direct to consumer in Arizona, California, Hawaii and Nevada. Energizr 200 is qualified as a consumer self-supply product in Hawaii. The technology will also be available though dealers and select solar partners nationwide.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=39347

CONTACT: Ellen Howe
         [email protected]
         Phone:  703-835-5550