Sunrun Inc. RUN

Company Overview

Sunrun Inc. is a U.S.-based residential clean energy company focused on distributed solar energy generation, battery storage, and home energy management services. The company operates primarily in the residential solar industry and provides customers with solar power systems, battery storage solutions, and related energy services through direct sales, leases, power purchase agreements (PPAs), and subscription-based models. Sunrun’s core revenue drivers include customer agreements for solar energy systems, recurring payments from long-term leases and PPAs, solar system sales, and energy storage deployments. The company also participates in grid services programs and virtual power plant initiatives in select markets.

Founded in 2007, Sunrun expanded rapidly during the growth of the U.S. residential solar sector and became one of the largest residential solar providers in the country following its acquisition of Vivint Solar in 2020. The company positions itself as an integrated clean energy platform with an emphasis on recurring customer relationships, distributed energy resources, and home electrification. Its customer base consists primarily of residential homeowners in the United States, particularly in states with favorable solar economics, high utility rates, or supportive renewable energy policies.