Sunrun Solar

Sunrun Inc. (Nasdaq: RUN) is America’s largest provider of residential solar, battery storage, and energy services, founded in San Francisco in 2007. The company’s core mission is to create a planet run by the sun and connect people to the cleanest energy on earth. Sunrun pioneered the “solar-as-a-service” business model, offering homeowners solar systems and battery storage—like its Brightbox product—through a no-upfront-cost subscription plan (solar lease or PPA) for 20 to 25 years. This approach provides customers with greater energy control, security, independence, and protection against rising utility costs.

The company’s focus on residential clean energy has driven significant growth, surpassing one million customers as of December 31, 2024, and generating approximately $1.6 billion in Annual Recurring Revenue from subscribers. Sunrun operates in 22 states plus DC and Puerto Rico, emphasizing a storage-first strategy with a Q4 2024 storage attachment rate of 62% for new installations. Sunrun provides comprehensive system coverage, including expert installation, 24/7 system monitoring, and free maintenance and repairs for the life of the contract, delivering on its vision for an affordable and resilient, customer-led energy system.