Sunrun Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net (Tables)

12 Months Ended

Dec. 31, 2022

Property and equipment is depreciated on a straight-line basis over the following periods:


Leasehold improvements						Lesser of 6 years or lease term
Furniture						5 years
Computer hardware and software						3 years
Machinery and equipment						5 years or lease term
Automobiles						Lease term

Solar energy systems, net consists of the following (in thousands):


	December 31,
	2022		2021
Solar energy system equipment costs	$	10,529,852	$	9,018,788
Inverters and batteries	1,384,776		1,127,014
Total solar energy systems	11,914,628		10,145,802
Less: accumulated depreciation and amortization	(1,682,296)		(1,267,932)
Add: construction-in-progress	756,029		581,826
Total solar energy systems, net	$	10,988,361	$	9,459,696

Property and equipment, net consists of the following (in thousands):


	December 31,
	2022		2021
Machinery and equipment	$	11,742	$	10,339
Leasehold improvements, furniture, and computer hardware	44,547		41,209
Vehicles	94,821		76,487
Computer software	53,314		43,552
Total property and equipment	204,424		171,587
Less: Accumulated depreciation and amortization	(136,985)		(114,701)
Total property and equipment, net	$	67,439	$	56,886