Lumin's new products are flexible, seamless and easy to install, suitable for residential buildings of any size, and are designed to give residents greater control over energy monitoring, solar storage usage, and efficiency.

Charlottesville, Virginia, November 16, 2021--(BUSINESS WIRE)--(BUSINESS WIRE)--Utilities prices are rising due to global power shortages, and as the global climate crisis intensifies, utility prices Continuing to rise, homeowners are turning to data and automation to help control energy costs and help decarbonize. To meet this demand, Lumin today announced the launch of its latest product, Lumin Edge, which is a modular smart energy system and smartphone application that provides homeowners with the flexibility to manage, monitor and optimize home energy use. The new product turns a personal home into a personal power grid, where homeowners can balance energy supply sources and energy consumption such as power grids, solar energy, and energy storage.

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Lumin Edge is a modular smart energy system and smartphone application that allows homeowners the flexibility to manage, monitor and optimize their home energy use. (Photo: Business Wire)

"As more and more customers require further understanding and control of their energy, due to lack of space, high cost, and long and often unpredictable installation time, it becomes difficult to extend smart control to existing electrical and smart panels. "Said Bob Kingery, the co-founder of Southern Energy Management, a North Carolina-based company. "With the launch of Lumin Edge, installing home energy systems has become a breeze, because installers do not need to add any new wiring, and homeowners save money; therefore, this is a win-win."

Lumin Edge hardware is designed to meet the various needs and sizes of the family, and consists of an Edge Hub and any number of Edge modules. To begin the installation, the homeowner connects the core Edge Hub of the system to their Internet router. Edge modules are devices responsible for collecting data and controlling energy consumption, and can be installed on wires anywhere in the house in less than 10 minutes. It can be used for single 120V or dual 240V circuits. The homeowner can install the product without the assistance of an electrician, or get help through Lumin's powerful network of certified installers.

"Working with homeowners who use our original product Lumin smart panels, we understand the challenges they continue to face as they try to connect many aspects of the electrified home: solar energy, energy storage, electric car charging, etc.," Lumin Business Development Director Jonathan Proffitt said. "Lumin Edge is the missing piece in the puzzle, allowing homeowners to have a unified and holistic view of their energy landscape."

From adjusting backup batteries to managing increasingly complex utility rates (such as usage time), every household can benefit from the new Lumin Edge because it can provide energy management through smart circuits and electrical controls. This feature allows homeowners to remotely control the use of power generation and storage of solar energy, improve home safety by creating schedules that automatically turn on and off equipment, and participate in utility company demand response plans to save money and help improve grid stability.

Although Lumin Edge has obvious benefits for homes equipped with solar and energy storage, it also has unique features that can help homeowners who are struggling with the rise of unfavorable or asymmetric net metering. Lumin's software detects when the house has excess solar energy and redirects it to the house for consumption, for example, to charge an electric car or run a water pump instead of selling the electricity back to the grid.

The system provides detailed insights into carbon dioxide emissions from electricity consumed by the grid. Lumin Edge breaks down household energy consumption by source (such as natural gas, wind energy, coal or hydropower) and time of day to encourage further sustainable energy practices. Combined with algorithm-driven energy automation, this feature provides homeowners with an incredible tool that can minimize carbon dioxide emissions while consuming only the cleanest energy from the utility grid when possible.

In the case of off-grid, Lumin software can dynamically determine the priority of specific circuits according to the needs of the homeowner, thereby helping the homeowner to expand their battery runway. The homeowner will also receive information about the performance and status of the battery storage system, such as the amount of power remaining in the battery and how long the reserve can last. The technology can also be connected to various smart devices, including smart thermostats, refrigerators and other connected devices, smart controllable plugs and electric car chargers. By interconnecting these devices on its platform, Lumin has created an ecosystem in which energy consumption is synchronized with the energy supply available to the home.

Alex Bazhinov, founder and CEO of Lumin, said: "In order to allow families to participate in the energy transition, we set out to create an affordable and easy-to-install energy management system that can be flexibly adjusted according to the needs of individual homeowners. "Lumin Edge It is helping homeowners save money by creating a multifunctional platform and manage all aspects of their energy: from the grid and on-site solar energy supply to managing personal loads. "

Lumin's original smart panel has been adopted by hundreds of solar and energy storage installers. It provides a system that can retrofit existing circuit breaker panels to perform energy data analysis and circuit control. Collect and analyze data about connected appliances and systems to help homeowners better understand their household energy habits. Lumin’s software provides homeowners with three levels of circuit control, including remote switches (on/off) for safety, scheduling for savings, and circuit priority and shedding to extend battery life.

Lumin Edge will be listed in 2022. For more information, please visit luminsmart.com.

Lumin® is a pioneer and market leader in responsive load management, adding extraordinary value to residential microgrids by balancing household energy supply and demand. Lumin helps homeowners automatically or manually control their personal microgrids, and enhance and protect their investments in solar photovoltaics and energy storage. Learn more on luminsmart.com.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20211116005281/en/

Technica Communications Gabrielle Reitano (408) 806-9626 Ext. 9783 lumin@technicacommunications.com

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