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Acronyms that contain the term sunrun
What does sunrun mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: sunrun.
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What does sunrun mean?
- Sunrun
- Sunrun is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California. Since its inception, the company has focused primarily on a power purchase agreement (PPA) business model where Sunrun installs and maintains a solar system on a customers home, then sells power to the customer at an agreed upon rate for a 20- or 25-year term. This business model allows property owners to install solar at no upfront cost, but without the benefits (such as tax breaks) or some risks that come with being the owner of the system. The company has a sizable network of partners, including Costco and The Home Depot, who allow Sunrun to market to customers inside their stores. In 2021, the company installed solar systems capable of generating 792 megawatts of power, and in the history of the company, had installed a total of 4.68 gigawatts of power for over 660 thousand customers.
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