Enphase Energy - Power To The People!

Summary

• Centralized energy monopolies are threatened by the rising tide of decentralized energy resources available to the people.
• Utilities are moving toward renewables to maintain their energy monopoly.
• Cheap solar hardware prices and energy company bureaucracies are getting more people to make the jump to solar PV and energy storage.
• Enphase Energy is helping spread decentralized solar PV and energy storage at a blistering pace.
• Do not let the monopolies kill residential solar or the electric vehicle (again).

People are being awakened to new alternatives to the long-standing, well-established, centralized energy monopoly, and with this awakening, new emerging markets like residential solar PV and energy storage, are threatening the 100-year-old energy monopoly. Social media like Twitter, FaceBook, and YouTube are accelerating the adoption of new ideas and technologies more quickly than ever before. And political populism is in the air - people know that the monopolies are trying to wrangle power from them, literally, and the nascent residential solar PV and energy storage markets are gaining momentum.

Enphase Energy (NASDAQ:ENPH), a pillar in the residential solar PV market, and preferred by installers, is rescuing homeowners, allowing them to escape their energy company's "plantation". Enphase Energy's technology is the epitome of decentralized power and

what residential solar photovoltaics ((PV)) is all about. Solar PV and energy storage systems are mini-utilities which allow residential homeowners, apartment complexes, small businesses, et cetera, to have their "own" energy, and with the advent of residential energy storage, a "real" alternative to the energy monopoly is being exposed.

Nevertheless, investors in the residential solar PV and energy storage markets need to be aware that in the upcoming election in their specific state, there may be questions on the ballot which affect the longevity of residential solar PV and energy storage. Bureaucracy can either set a level playing field between the utilities and residential PV owners, or it can set a rigged field thereby giving the utilities the upper hand. For example, an amendment question sponsored by the energy monopolies, which is appearing on the ballot in Florida this November, aims to undermine solar. If you are not with the sponsors of this amendment, then the only correct answer is a resounding "No", for although many people may not own a solar PV system or drive an electric vehicle (EV) today, they surely could tomorrow!

In Nevada, ex-GOP governor, Bob List, recently said, "All we're asking for is a level playing field", while speaking on behalf of SolarCity (SCTY), when he decried how the energy monopoly was destroying residential solar PV in his state along with thousands of jobs. Nevada Gov. Brian Sandoval, whose top political advisors are NV Energy shill lobbyists, turned a blind eye, asking that protesting solar PV customers try to be "civil" and accept the railroading the puppets on the Nevada PUC were committing against them, or better yet, what their billionaire sponsors behind the curtain had ordered them to do. And if you think the utilities sympathize with residential solar PV one iota, then think again; it was Warren Buffett who smugly said - "People buy utilities not to get rich but to stay rich" and as owner of NV Energy, his statement pretty much sums up what the consensus of energy monopolies feel for residential solar PV; he even had the audacity to go further, and say that solar PV customers were subsidizing non-solar PV customers, when it was taxpayers that paid for Crescent Dunes to the tune of $737 million. Furthermore, energy monopolies can deduct their maintenance expenses, yet solar customers are not allowed to fully deduct the costs of installing and maintaining their solar PV system, so who is really being subsidized? It's really just another example of Big Government hand-outs to Big Business for more centralized power, and it's happening all over the country. What if the money provided by the Dept. of Energy for Crescent Dunes had been distributed to have a real trickle-down effect, something politicians always mention - $737 million would equate to $15,000 for almost 50,000 homes in and around Las Vegas - practically a solar PV system for every rooftop, and just imagine the employment explosion - now that's real trickle-down economics!

Besides a 110-Megawatt solar PV farm, Crescent Dunes also has 1,100-Megawatts of storage, so again, why wasn't that distributed; if it had gone up for a vote by the people on an election ballot, then the centralized energy project would never have happened. Just consider that solar is the largest, employment-growth industry in the country, and bureaucrats and greedy capitalists in Nevada killed it, so the few could continue to enjoy their "power" monopoly. And just whose grid is it anyway? Didn't taxpayers pay for the grid? Isn't it taxpayer money that has paid for huge expansive solar and energy storage farms doled out by our government to Big Business?

Soon, a generation of old capitalists will pass and leave millenials to deal with the environmental and financial effects (or ruin) caused by the energy monopolies. When it comes to the energy monopolies, the old fossil fuel-based industries are giving way to the renewables. People want to save the Earth; whether they believe in "climate change" or not, infinite renewable energies make sense over finite fossil fuels. People genuinely do not want to destroy the planet with the outcome being a runaway greenhouse effect analogous to planet Venus. And Matt Damon sure showed what life on Mars would be like, so escaping Earth to go to Mars is not really an option no matter how cool Musk's SpaceX and Bezos'es Blue Origin may be. Those who saw Al Gore's "An Inconvenient Truth" also became instant believers that changes in human lifestyles had to start being made, and it is this global movement that has provided the fodder for an emerging new industry called Renewable Energy.

However, when it comes to transforming our power energy sources from fossil fuels to renewables, the old monopolies do not want to lose their control; they want the taxpayers to pay for huge projects to build solar PV farms with energy storage, so that they can continue to maintain their monopoly on energy. They want people to think that they are the "friendly" utilities on their web sites and media advertisements, but in reality, they're really just bureaucratic monopolies in need of serious regulation. Absolute power corrupts absolutely, and just putting the spotlight on what happened in Nevada, with Warren Buffett's Berkshire Hathaway Energy Company-owned NV Energy and the puppet politicians, shows the danger residential solar PV and energy storage are truly in.

So, why are the energy monopolies coming down so hard on solar now since it has been available since the 1980's? Because with the recent arrival of energy storage technology, solar PV, combined with energy storage, makes for a dynamic duo that really threatens the 100-year-old hegemony of the energy monopolies. Eventually with energy storage, you'll be able to meet your home's energy needs - when the sun goes down your batteries take over, and then at sunrise, your solar PV resumes power and charges the batteries back up! The energy companies don't want you to know that their power is threatened by solar PV + energy storage, and they definitely don't want homeowners to have their own power! Decentralized power means the huge investments in renewable energy infrastructure like solar PV farms with huge amounts of storage will not be needed as much; it means their true power will be diminished, and it means huge downsizing for their stale business model. Imagine if people had solar on their rooftops and battery storage in their garages - you really would only need the energy company as a backup. You wouldn't need them as much, they could be downsized, and your monthly energy bill could get even cheaper. In Las Vegas, residents enjoy sunshine ~300 days out of the year, and even the rest of the days of the year still offer enough ambient light for solar to work well - it is a solar PV paradise, yet puppet politicians and greedy billionaires have seriously obstructed the residential solar PV market there.

But, the utilities will claim that the solar PV and energy storage customers must be charged extra because they'll still be using the electric grid for backup. It's almost analogous to landline phones back in the '80's, where the Bell utilities painted a grim picture, too, threatening what would happen if cell phone use proliferated; again, their monopoly was being threatened. The real reason the energy monopolies are making false claims like this is that IF they don't, then the whole idea of them getting the People to pay for the huge transformation of their utilities from fossil fuels to renewables will have to be their burden, and they don't want to have to pay for that. If the utilities have to pay for this infrastructure and not their customers, then what's going to happen to the dividends for their shareholders? Does anyone really believe the mainstream media these days?

News of the ITC expiring at the end of 2016 (but it didn't!) or NEM and FiTs ending made it seem like solar was doomed, but it was really doomed for the SolarCity and Vivint Solar (VSLR) business models that rely on PPA leases and retail reimbursement for their deals to be worth it. With wholesale-reimbursement replacing retail-reimbursement for electricity in NEM and FiTs, the leasing model may be dead, but not the residential solar PV and energy storage markets. From every solar professional, distributor and web site I've corresponded with in the last few months, residential solar PV and now, energy storage, is booming, and that is because of cheap solar hardware and bureaucracies. A low-cost solar PV system can now be purchased for almost $1/Watt material cost, so why lease when you can own? Then you also have the bureaucracies of the energy monopolies trying to stifle all threats through concocted TOU rates, demand-charge and grid-connect fees in order to protect their monopoly. All over the country, energy monopolies are trying to get the regulators to increase grid connect fees - like the APS utility in Arizona this year that wanted up to $100 per month just to be connected to the grid; they want residential solar PV dead - for them, it's no longer a "cool" idea, it's a threat to their stale business model. But, the truth is becoming quite plain to see - everyone can have solar now; the technology is here!

I can't mention every state where residential solar PV is at risk of being adversely affected in the November election, but of the 50 states in the U.S., the "Sunshine State" (Florida) has to be one of the worst states for solar. Even northern states like New Jersey, New York and Massachusetts have more solar than Florida; it is truly pathetic, and is a measurable effect of monopolistic policy. The cabal of monopoly utilities and their bureaucracies keep solar off the roofs in Florida. and they are to blame. In Florida on November 8th, this "cabal"calling themselves "Consumers for Smart Solar" is trying to sneak passage of an amendment which would give the utilities a blank check to charge residential solar PV customers with concocted grid-connection fees and other billing shenanigans. Almost $30 million has been poured into the propaganda machine to trick people into siding with the monopoly utilities on amendment #1. Imagine if the utilities were truly customer-friendly and gave that money back to the community in the form of solar incentives. Entitled "Rights of Electricity Consumers Regarding Solar Energy Choice", this amendment is being backed by Florida Power and Light (NEE), Duke Energy (DUK), Tampa Electric, Gulf Power, along with the billionaire Koch brothers and Exxon-Mobil (XOM). People want companies to be profitable, but they do not want a rigged system where Big Business colludes with Big Government. Monopolies lead toward stagnation, and if our country doesn't return to laissez-faire capitalism, and continues down the dark path of crony capitalism, then many forms of stagnation will occur, including in markets like residential solar PV and energy storage - markets which can truly save the Earth for our children.

The bureaucracy of the utilities is causing a surge in people fleeing the centralized energy monopoly. Demand for residential solar PV and energy storage is skyrocketing right now in Australia and New Zealand. It's almost as if the rates and fees concocted by the utilities to deter people from going solar, is actually making them adopt solar even quicker. And even more exciting than the news coming from the Land Down Under, is the news of Enphase's storage solution coming to the U.S. in Q1 2017. People want freedom from energy tyranny, and Enphase Energy is going to give it to them!

An earlier article discussed why decentralized solar PV systems were more desirable over centralized ones. Enphase residential solar PV and storage system installations are popping up online all over the world at a blistering pace; people are rushing to get them installed so that they can escape the bureaucracy of the power companies. Just like cars and aviation brought freedom of mobility, Internet and social media brought freedom of speech, so too, shall residential solar PV and energy storage bring freedom of power!

With Enphase's new storage market and their new line of microinverters with major cost reductions, with the energy monopoly bureaucracies forcing people to seek out alternative forms of energy, with the NEC 2017 standards favoring residential solar companies like Enphase Energy, and with a major crash in solar hardware prices, Enphase's future looks very promising. Listed below are sensational statistics for Enphase solar systems which have come online in just the last 8 weeks, and this does not even include additions to existing systems!

Enlightened Enphase customers from 9/2 thru 10/25:

• Western USA - over 4% growth
• Mid-USA - almost 3% growth
• Eastern-USA - over 4% growth
• Southeastern USA - over 5% growth
• Mexico & Central America - over 30% growth
• South America - almost 9% growth
• United Kingdom - almost 3% growth
• Europe - almost 7% growth
• India - Sri Lanka regions - almost 15% growth
• Hawaii - almost 2% growth
• Northern Australia - solid 11% growth
• Southwestern Australia - solid 9% growth
• Eastern Australia - almost 8% growth
• New Zealand - almost 10% growth

Considering (1) the tsunami of residential solar PV installation activity happening all over the world, (2) that local installers prefer Enphase microinverters due to their simplicity and ease of installation (3) and that the residential solar and storage market penetration is barely at 1%, then as long as residential solar PV is not killed by the energy monopolies, then companies like Enphase Energy are looking at a huge market. If the energy bills are going to continue to get more and more like the IRS tax code with all sorts of concocted rates and fees, then bureaucracy could also be a catalyst to finally push people over the edge, getting them to adopt solar PV and energy storage for the majority of their home's energy needs. Consider just the half-million EV owners, then the multitudes considering one, and finally, the governments' abandonement of fossil fuels due to "climate change" agendas; people are going to despise the energy monopolies when they go to charge their 85kWh Tesla S EV battery overnight and then get clobbered with an outrageous bill just for charging it, and they will demand regulation of the energy utilities to create a level playing field.

For example - say you're charging your 30kWh Nissan (OTCPK:NSANY) Leaf-S with a Level-2 7.2kW home-charging-station @ $15/kW/month demand-charge fee, then you're looking at a $108 monthly demand-charge fee plus other concocted charges. Or, how about your Tesla (TSLA) Model S top-of-the-line 100kWh battery and 20kW dual-charger, then you might be looking at a hefty $300 demand-charge fee plus whatever other fees are tacked on! Sounds crazy, right? But, these utilities want your savings to land in their pockets. Also consider that if you're charging the EV with the A/C or pool pump on, then you're making the energy company an even bigger winner, because the demand-charge fee will be even higher!

With demand-charge fees being imposed in Australia and New Zealand, why do you think Enphase had over 70,000 orders this summer for their sleek, modular new AC Battery? Not only do the energy monopolies have the power to potentially kill residential solar PV with their loan-shark-style billing, but they could also seriously harm the nascent EV market, too. How many remember the documentary "Who Killed the Electric Car?" back in 2006 which was about the eradication of the electric vehicle back in the 1990's by Big Government and the oil monopolies - could it happen again, but this time due to the meddling of the energy monopolies? Possibly, but be forewarned, the nebulous demand-charge fee is far more lucrative for the energy monopolies than people realize, and the packaging of this fee by the utilities as they force this upon their customers should scream - Caveat Emptor!

Residential solar PV and storage is the solution to the shenanigans of the energy monopolies when it comes to Time of Use (TOU) rates and demand-charge fees. But, if the utilities can't kill solar that way, then they'll definitely go for the killer grid-connect fees, and that is exactly why they're trying to sneak in all sorts of legislation in state amendments and PUC policy agendas. Remember your history - there was much bloodshed to obtain the Magna Carta in 1215, and the whole point of that was to put limitations on feudal payments to the Crown; well the "Crown" can now be symbolized by the selfish energy monopolies in bed with our lame government.

Election day is Tuesday, Nov. 8th, and residential solar PV and energy storage, as well as the incentives for buying an EV could be at risk in some states. Will the outcomes of the election in each state safeguard power to the people, or will it surrender power to the few so that they can continue to profit off of the people? One things is for sure, some companies will be propped up as a result of the election, and others will be undermined, and "we the people" won't know until the following sunrise. Long live residential solar PV -- power to the people!

Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.

Analyst’s Disclosure: I am/we are long "ENPH". I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Comments

[ahlerspa]

Penny stock

[whitehead1]

Thank you for providing useful information.
Good to now they have very good product.
question for investor is whether or not this company be profitable and make money for stock hordes? So far you would have lost big chunks of your investment if you would have invested any money in this company.

[aset4u]

I don't have much time to comment but after reading this article and some of the comments it is clear to me that none, if not most of you do not have any experience in the actual solar installation and/or solar industry. Ask any installer and they will tell you Enphase is the "game changer", the best micro inverter on the market and they continue to get better. It is amazing to me what little people know about this technology but understandably which is why they listen to my professional opinion. With hundreds of installations I've personally have sold, designed and installed over the years Enphase has consistently out performed them all. Their online monitoring is the best of the market which is what you'd expect from an industry leader. Yes, you will hear from others that Solar Edge is better but the reality is that it is just cheaper. Our SE arrays have never outperformed our Enphase arrays. In fact some of our SE arrays have actually performed worse than our installations with just string inverters.
I do not and have not held any position with Enphase or SE but just thought I'd share my thoughts.

[ahlerspa]

$1.07 -- lets see if it continues in the same direction Monday? At least I did not pick up any AMZN in the past couple weeks.

[Raretobeha]

Just a little micro inverter delivery. http://tinyurl.com/huw...

[WallStPirate]

I have read many articles here is a good endorsement from a company who will ultimately be the real front line seller ( they control the consumer ):

http://tinyurl.com/jlp...

I have no position yet but as I do more dd the battery system really looks excellent. Hoping for a good cc. At $1.00 it is a real possible three bagger on good news. I am liking the risk reward.

[Raretobeha]

Just another large install completed yesterday of Enphase Battery http://tinyurl.com/h9a...

[sonnycoates]

I'm an $ENPH shareholder, that said- that $ENPH battery install seems so complex in comparison to ONE 14Kwh Tesla Powerall 2.0... dunno

[jesus7]

It's pretty much the same just x?, agree that larger capacities would be preferable(for some); thinking with the emergency loan they wanted to maximise their electronics discount/volume/ and simplicity in understanding generational performance data.

Surely soon, they will add a 2x 4x etc..

[TJ Roberts]

Not complex, just duplicative! Think Modularity, 100% fault-tolerance, scalability. A single central string inverter is simple, too, compared to multiple micro inverters, but micro inverters offer reliability and fault-tolerance. Still, if people have the money, getting a garage full of these batboys is a killer backup system.

[evjohn]

We are very "real", we all spend our hard earned money on solar which will pay us back over time. Who really wants to pay a utility bill for the rest of their life when you can invest in a solar system (having virtually no maintenance) and start getting money back into your pocket as soon as you turn it on, instead of having a utility company dipping into your pocket indefinitely. Power to the people, times are changing.

[TJ Roberts]

[instead of having a utility company dipping into your pocket indefinitely] YES! I have an article coming out that sheds light on not only the facade of NV Energy and Berkshire Hathaway Energy Company, but on entities like Crescent Dunes where our DoE funded 737-million, but the owners listed are now 3 huge international companies — SolarReserve LLC, ACS Cobra, and Banco Satander — http://tinyurl.com/nrk... ==> http://tinyurl.com/hum...

[Raretobeha]

"I would really like to know if there's not a problem with LG Chem's Battery". It seems from reading these posts I presume from Installers that their Battery is not discharging or charging as they specify or claim that it will. http://tinyurl.com/z3v...

[sonnycoates]

$SEDG is getting merked... good correction. Hopefully we correct as well.. back to $3-4 per

[sonnycoates]

Verrryyy speculative play for me... Nov 1 is do or die. We're testing the "D-List" on the reg...

[TJ Roberts]

A lot of people have bashed Enphase, but if you look at the whole residential solar PV sector, it's depressed. One real good piece of news I recently read was a GTM article on the new president of the utility regulators organization, Travis Kuvalla. Travis Kuvalla, has an ideology which favors laissez-faire capitalism, not crony capitalism. Mr. Kuvalla sees the energy "monopoly industry laden with perverse incentives to over-invest in capital on the part of the utility", and he is "very skeptical of this type of corporate behavior that results from a cost-of-service regulatory monopoly"; he understands the 2 types of republicanism colliding - "one which is more likely to side with incumbent monopolies" and the other that is "more likely to side with open markets"; the new president of the utility regulators favors the latter which is a godsend for the residential solar PV industry. The electric car was already killed once by the oil monopolies and their collusions with our government having an oilman in the WH. We run the same risk of the EV being killed again if the utilities get their way with demand-charge fees, grid-connect fees, etc. Mr. Kuvalla seems to understand the issues at hand, so cross your fingers. What happened in Nevada, Arizona must stop. The utilities are using anti-competitive bureaucracies and are in bed with the government. In Florida on November 8th, the utility monopolies are trying to get an amendment passed which would give them a blank check to kill residential solar; using their $30M deep pockets and the MSM propaganda machine. These are some of the major issues affecting residential solar PV, and Enphase.

[riverside1993]

<>

The BEV died 100 years ago because it couldn't compete. It still can't; it's more expensive, has less range, less flexibility, and is too cumbersome to refuel. The only thing propping it up is government subsidies and government mandates.

[jesus7]

Not really that speculative; at these levels.

Not that do or die. Kinda like britney spears, when she was down n out ;)

Reviewing the pop on the previous quarterlies, be patient sometimes it takes a couple days to really pop.

[ESP equity research]

WSP;
Fair enough - just don't get catch up in TJ - this author's hype he appears to be married to this one stock....Could be a good short term speculative trade...

[Raretobeha]

Here what Tom Sedgwick had to say about Enphase on August 30th you can find it en Enphase Australia and New Zealand Facebook pag.

5starIt's simply the best solar system available in Australia. Online monitoring, remote updates of firmware, safe, battery ready, panel level control. Highly recommended.

Tom Sedfwick is Solaray Energ's marketing manager and is Enphase largest Installer in Australia" Solaray has a slew of products to choose from. Here you can ck out their website http://solaray.com.au

PureGen is another one. http://tinyurl.com/j3n...

[TJ Roberts]

PureGen finally backs a home storage product for our Solar clients. A safe and simple solution with a great warranty, that maximises solar self consumption and lowers overall cost of your energy.

http://tinyurl.com/zc9...

[ESP equity research]

WSP;
ENPH has some good IP, but it has been unable to manufacture and sell for a profit. This stock is very speculative, with a good change of going bankrupt - please review ENPH past earnings and balance sheet.

Better buys in the solar place - FSLR, CSIQ, JKS, SEDG, JASO IMHO....

[WallStPirate]

Thanks, I saw their financials and also that they needed to do a raise too.

What intrigues me is the large order from Australia and USA coming online.

From doing some simple DD I read a few articles about them and the fact that they have a complete system for only 10k battery and redundant power backup. Thinking they could sell a lot of them and what about Europe.

I am not an investor in this space more tech, bio and real estate but the price seems cheap and could be a good short term trade. Just watching now on thi sone and also WATT which I really hope is legit tech.

[Raretobeha]

Energy Solutions,

The reason they haven't been profitable they've spent their profits on R&D around $50 Million in 2015. According to Raghu Belur, a founder, Enphase spent $100 Million and 4 years towards the 5th Generation bi-directional micro-inverter to be used in the now battery storage system where they've said they have 70,000 preorders in Australia alone more than double their earlier projections. Enphase spent double what SEDG did in 2014 & 2015 in R&D. In fact I think it's more than double, I have to agree with TJ on what he says about Enphase. Enphase is an innovator, why in the world would you suggest to anyone to buy a commoditized module manufacturer for?

That money's been spent and now they will reap the reward but they'll be on a tight budget. I think is the reason they did the Offering was to be able to cover the manufacturing costs with Eliiy Power on battery packs and the needed final assembly from Flextronic to bring to market the Battery as well as the Evoy S. The larger the quantity the better the price (reduced costs in manufacturing) is going to be.

[ESP equity research]

Rare;
I agree with you - I think ENPH is an innovator, and their R&D spend is impressive, but look at the financials - you should be spending $$ including R&D within your cash flow like SEDG has done. SEDG has over 60 patents, with another 100 in review. 3-4 full time staff just doing R&D and staying within their positive free cash flow - as an investor thats what counts.

ENPH doing an equity raise at a SP that is at an all time low is a sign of desperation - But I am rooting for ENPH - I am not a short. I would love to see ENPH back over $10 a share!

[WallStPirate]

Thank you both I now believe I did understand the net metering issue.

One other question regarding the battery.

How long can it supply a regular 3 br home for regardless of season just an avg.

At first blush it does look like the Enphase is selling for pretty much their ip value and then maybe still cheap, but I know nothing about solar in general so I could be all wrong.

Thanks again.

WSP

[Raretobeha]

WallStPirate.
this video explains some of what you're asking about http://tinyurl.com/gmc...

Enphase battery can be retrofitted with any panel installation. That's one of the beauties of the system plus it has the safest battery chemistry lithium ion phosphate no thermal runway and a longer life cycle with more DoD than others. Plus 1 person can install 5 batteries in an 1.5 hrs. With Tesla's 1 Battery installation you are looking at an install time of 5 hrs using 2 electricians and could be longer if the wall can not carry that weight the wall will need to be rebuilt to support it. A lot of batteries out there but Enphase makes sense.

[ESP equity research]

WSP;
Solar + storage(battery) for a house works like this - during 10/11am thru 4pmish - the rooftop solar array in the summer will probably be producing more energy than your home consumes - so then the energy goes back to the grid. The battle is in some states - they don;t want to give you full credit for this net-metered energy.

So to avoid netting back to the grid - you install batteries(DC) so that extra energy gets stored and not passed back to the grid. Then after 4pm - when solar production starts to fade - your battery will provide energy for your home. For more info on this net-metering battle look at article from yesterday:

http://seekingalpha.co...

As for the presidential race - I really don't think it matters in the long run - these economic decision around tax cred, solar, etc - will be made by congress not POTUS. Trump has stated he loves coal - I can figure that one out, so short term the solar stocks will take a hit if he wins - that would be a buying op IMHO...

[WallStPirate]

TJ etal, I seek the true experts here.

What could be any political ramifications regarding the presidency, congress in terms of rebates, tax credits, gov cash subsidizing or grants that could impact sales of any of their products or solar in general?

Can their battery product be use don other companies inverters / panels?

Lastly i am confused regarding the battery, does it actually store power and allow the house to be run off it or does it release the power back to the grid?

Thanks

WSP

[Sayitwithlyrics2]

Good luck to all ENPH investors gambling on this $50 mil market cap penny stock. I don't own it, but I hope it works our great for you. Just be aware this writer is an obvious shill. The language of this article is marketing language, not investing language.

[jesus7]

TJ is rumored to have a solar brewery in his house ;)

Loves his solar, I like my profets :p

Thanks for the dumping, you absolutely must look at the balance sheet, review recent news, ponder energy infrastructure outflows world wide and under Hillary. Additionally please visit the enphase website, its as if Milton Hershey designed it himself.

Not your average down out stock here.

[Sayitwithlyrics2]

Jesus7,

I have nothing against the stock. Don't know enough about it to have a strong opinion one way or another.

I was curious and took a quick look at the chart and the financials. The chart is obviously a disaster. The financials are OK -- OK margins, not too much debt, etc -- but the gamble here is on growth and the financials don't tell you how much business they are going to do next year.

To restate my point, I wish the investors in this stock well. I hope it goes back to $15. But this article should not be used to make that evaluation. It is marketing material, not a serious assessment of the company and its prospects. It should be marked as advertising, not an investment opinion.

[Raretobeha]

Giofis I bought at the low i researched it and like you said most bozos go straight to the financials and their brain cease to work past that. GL to U 2

[ahlerspa]

Stock price is in a daily downward spiral. I am a new investor with little knowledge of the market. I invested since the systems were going up all around my town. ENPH is beating me up daily with no bottom in sight.

[TJ Roberts]

Conference call Nov 1st @ 430pm EST is going to be Enlightening! It's going to be a bumpy ride this quarter, and possibly even 4th qtr, but a lot of activity is happening in the Enphase camp. AC modules being released end of Q1/Q2 timeframe by LG and SolarWorld; new IQ6/6+ microinverters being released Q1; AC battery sales in Hawaii and US for Q1 with heavy battery sales revenue hitting the books for Q4. By Q4, the OpEx reduction should be behind them. Then you have NEC 2017 bureaucracy which favors Enphase, as well as other bureaucracies favoring solar PV + energy storage.

[jesus7]

It's a hft milking algo, designed to depress you into selling.. Majority holder wants more, quick up and slow steady down.

[ahlerspa]

I hope you are right TJ Roberts. I hope the Enphase Camp comes out with some good news. If it gets any bumpier we are going to hit the runway.

I came close to clicking the sell button two days ago at 1.11. Like a drunken gambler my finger hit the purchase button. Soon I may seek help and go back to the relative safety of a Mutual Fund, or buy that annuity my financial planner has been pushing. Probably going back without my ENPH Stock money. With the $ lost on this stock in the past month, I could have funded a nice trip to Vegas.

[sonnycoates]

Yeah, yeah, yeah.....while it's really heartwarming that everyone here is slapping each other on the back, only the Nov. 1 earnings call will reveal if $ENPH is headed in the right direction. Everything else is just feel good speculation / propaganda (which, I really hope is correct🔆)

[Raretobeha]

No feel good to what I wrote Just what I frigging read. Why no media release of these batteries that caught fire, ha? No slapping backs here from me. This is a game with shorts and it's not a smart one at this level, extremely stupid.

[jesus7]

Exploded battery was a Chinese brand GROWATT LITHIUM ION.

NOT ENPHASE!

Lint to reneweconomy.com Australian home battery fire chinese:

http://tinyurl.com/zfq...

EnPhase battery is

‘Safer • No high voltage DC in system •Cells safety-tested and certified by TÜV Rheinland • Prismatic cells are highly stable over time and offer Greater Reliability • Lithium iron phosphate (LFP) chemistry for long cycle life • 10-year warranty • Modular design promotes redundancy’

Link to EnPhase battery spec sheet:
http://tinyurl.com/jh3...

[TJ Roberts]

That is powerful news. I think Enphase's AC Battery product is going to be a surprise with future rev's getting even more powerful; people can get a few now, then add more to their farm later — the Enphase Way!! Enphase will do for batteries what they did for solar panels. 2017 is going to be their year!

[Raretobeha]

I was reviewing accredidation guidelines in Australia and read an Installation Company for Solar and Energy Storage was attempting to test Energy batteries delivered to them and they caught fire resulting in $25,000 of damage to the enrgy storage systems.

Enphase uses safe Lithium ion phosphate LifePo4 Chemistry battery packs from Eliiy Power with no thermal runway, just saying.