3U HOLDING AG: Market launch of balcony solar modules opens up new customer group for 3U SHAC online trading

Marburg (pta007/12.04.2023/07:00 UTC+2)

• 3U SHAC online trading offers easy entry into individual power generation
• Complete sets and high-quality advice enable head start into self-managed implementation
• 3U SHAC online trading taps into the customer segment of tenants and owners of owner-occupied flats

Selfio GmbH, a subsidiary of 3U HOLDING AG (ISIN DE0005167902) has expanded its product portfolio to include balcony power systems. The so-called plug-in solar power systems enable customers of the 3U online retailer to feed electricity from solar energy directly into their residential power grid on their own via a plug-and-play system. The installation only needs to be registered with the energy supplier.

"With this offer, we are primarily addressing tenants. This customer group now gets the opportunity to generate green electricity for their own use independently of landlords or tradespeople. This concept is good for the climate and the wallet alike," says Roger Moore, Managing Director of Selfio GmbH.

With the priwatt brand plug-in solar systems currently offered at www.selfio.de, electricity can be generated up to the legally prescribed maximum feed-in limit of currently 600 watts per household. A system with two solar panels with a peak output of 400 watts each and an inverter, which ensures that the maximum limit applicable in Germany is adhered to, is being sold. "The higher maximum output of the two modules means that even under less than ideal conditions, high amounts of electricity are already being fed into the grid. This has a positive effect on the payback period of the system," Moore adds. Private customers in Germany can purchase the systems for installation on or near residential buildings without paying VAT thanks to the current legal provisions.

"With the 3U SHAC online-business, we are making a contribution to the energy turnaround. In times of serious shortage of tradespeople, we continue to promote do-it-yourselfers and their personal initiative in construction and renovation," comments Uwe Knoke, Management Board Member for Strategy and Business Development at 3U HOLDING AG and emphasises: "The growth course of 3U's SHAC online-business concerns both the targeted expansion of the product range, also beyond our previous focus on heating, ventilation, water, as well as the expansion of the customer spectrum. And here, too, we are playing to our proven strengths: Supporting customers with advice and effective assistance."

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Emitter:	3U HOLDING AG Frauenbergstraße 31-33 35039 Marburg Germany
Contact Person:	Dr. Joachim Fleing
Phone:	+49 6421 999-1200
E-Mail:	IR@3U.net
Website:	www.3u.net
ISIN(s):	DE0005167902 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate