Exhibit 99.3
[BOFA SECURITIES LETTERHEAD]
August 14, 2020
Board of Directors
Vivint Solar, Inc.
1800 West Ashton Blvd.
Lehi, Utah 84043
Members of the Board:
We hereby consent to the inclusion of our opinion letter, dated July 6, 2020, to the Board of Directors of Vivint Solar, Inc. (Vivint Solar) as Annex D to, and to the reference thereto under the headings SUMMARYOpinions of Vivint Solars Financial AdvisorsOpinion of BofA Securities, Inc. and THE MERGEROpinions of Vivint Solars Financial AdvisorsOpinion of BofA Securities, Inc. in, the joint proxy statement/prospectus relating to the proposed merger involving Vivint Solar, Sunrun Inc. (Sunrun) and Viking Merger Sub, Inc., a wholly owned subsidiary of Sunrun, which joint proxy statement/prospectus forms a part of Sunruns Registration Statement on Form S-4 to which this consent is filed as an exhibit (the Registration Statement). In giving the foregoing consent, we do not admit (1) that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended (the Securities Act), or the rules and regulations of the Securities and Exchange Commission (the Commission) promulgated thereunder, or (2) that we are experts with respect to any part of the Registration Statement within the meaning of the term experts as used in the Securities Act and the rules and regulations of the Commission promulgated thereunder.
Very truly yours,
/s/ BofA Securities, Inc.
BOFA SECURITIES, INC.