The Nation’s Leading Residential Solar, Storage and Energy Services Company

With a mission to create a planet run by the sun, Sunrun pioneered residential solar service. We have over 700,000 customers and have sold our solar service in 22 states, DC & Puerto Rico.

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Latest Financial Results

2022

2021

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Latest News

Sunrun Reports Fourth Quarter and Full Year 2022 Financial Results
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Latest Quarterly Earnings

FY 2022

Fiscal Year Ended Dec 31, 2022

30%

Customer interest at record-setting levels entering 2023 with January early-funnel sales activities growing over 30% year-over-year, with even higher growth in California

$16,569

Net Subscriber Value expands significantly to $16,569, reaching the highest level reported in Sunrun’s history

$5.6B

Net Earning Assets increased by $487 million from the prior quarter, now at $5.6 billion, including $953 million in Total Cash

For complete information regarding our financials, see our periodic filings.

Latest Annual Report

Fiscal Year Ended Dec 31, 2021

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The Residential Market Leader

Formed in 2007, Sunrun pioneered residential solar service. We have 724,000 customers3 and have sold our solar service in 22 states, DC & Puerto Rico. We provide a superior solar energy service with fixed pricing under 20 or 25 year agreements, that generate recurring, contracted revenue for multiple decades. Sunrun has the industry’s leading customer acquisition platform, customer experience capabilities, and extensive financing experience, all of which drive significant barriers to entry and high incremental returns. The majority of customers save 5-45% in the first year1 and we have delivered more than $300 million in savings for our customers.

Why Invest

Sunrun is Led by Seasoned Professionals with Extensive Industry Experience

Our leadership team’s relentless focus on high quality service offerings, innovative culture and committed workforce is what sets us apart in America’s distributed energy revolution.

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Sunrun at a Glance

Our Model

  • Providing Superior Power with Rooftop Solar & Battery Storage
  • The majority of customers save 5-45% in the first year1
  • Back-Up During Power Outages

Our Growth2

  • 724,000 Customers3 and Installing a New System Every Minute
  • We Have Sold Solar Service in 22 states plus DC and Puerto Rico
  • 11,000 Sunrun Employees

2021 Financial Performance

  • 20% Customer Growth
  • $851 Million Annual Recurring Revenue from Subscribers
  • $4.6 Billion Net Earning Assets

How Sunrun is Making an Impact

Our mission is to create a planet run by the sun. This means that everyone, from solar installers and sales people to our CEO, shows up to work because they are driven by passion and purpose. Yet mission alone does not make change. At Sunrun, we feel the urgency of the public’s desire for a 100% renewable and resilient energy future. Our roofs have the potential to harness the sun’s abundant energy through solar panels, and home batteries can store that power for when it’s needed, delivering clean energy that powers our lives. A future where energy is affordable and accessible for all.

Our purpose goes beyond putting solar panels on rooftops—it extends to our internal values as well. Sunrun operates to have a positive impact on society by creating meaningful local jobs, contributing to healthier communities, and helping to build a safer, cleaner and more resilient future energy system for everyone. In doing so, we have a responsibility to minimize our environmental impact in all aspects of our operations, provide a safe and diverse place to work for our employees, and ensure robust corporate governance practices.

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Advancing the Conversation

Apr 5, 2019

Repowering Clean

Gigawatt-Scale Potential for Residential Solar & Battery Storage in Los Angeles.

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Mar 25, 2019

We Can Decarbonize Rapidly

How consumers are making it happen.

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Mar 19, 2019

Building a More Resilient Grid

Home solar and storage mitigate wildfire impacts.

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IR Contacts

Company

Sunrun Inc.
225 Bush Street
Suite 1400
San Francisco, CA 94104

717 17th Street
2nd Floor
Denver, CO 80202
1800 Ashton Blvd
Lehi, UT 84043

Investor Relations

T: 415-373-5206
investors@sunrun.com

Sources and Notes


  1. First year savings is based on 6 months trailing data for Direct only and a 2.5% escalator. Actual savings may vary by customer. Calculations exclude customers in Hawaii and Texas.
  2. Customers as of 6/30/2022. Employee count as of 12/31/2021. Installation rate based on 115,000 work-day minutes divided by 2021 full-year customer deployments.
  3. Customers is rounded as of 6/30/2022.