Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Sunrun Inc.    RUN

SUNRUN INC.

(RUN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Colorado and Nevada Residents Can Now Power Through With Sunrun's Brightbox Rechargeable Solar Battery System

share with twitter share with LinkedIn share with facebook
05/26/2020 | 09:01am EDT

SAN FRANCISCO, May 26, 2020 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the nation’s leading home solar, battery storage and energy services company, today announced it is introducing its Brightbox rechargeable solar battery system to Colorado and Nevada. 

Now, people living in Xcel Energy’s service territory in Colorado and NV Energy’s service territory in Nevada can get Brightbox from as little as zero dollars down and at a consistent, low monthly rate.

“Even before the COVID-19 pandemic, America’s energy system was not keeping up with our evolving needs. Now with Americans at home across the country, people need to know that their power will be there when they need it most,” said Lynn Jurich, Sunrun’s co-founder and CEO. “Our Brightbox rechargeable solar battery system helps households keep the lights on and better manage energy costs. We’re excited to bring Brightbox to Colorado and Nevada to help even more households take control of their home energy.”

Clean energy produced from rooftop solar panels is stored in Sunrun’s Brightbox battery throughout the day. If there is an outage, Brightbox provides backup electricity to the customer’s home and enables them to power through the night until the sun rises and recharges the battery. Customers have the choice to backup either their entire home or only the most critical appliances, depending on their need for resilient power supply. Last year, hundreds of Sunrun customers in California endured utility-mandated power outages by utilizing rooftop solar and battery storage, many for days at a time, until grid electricity was restored.

Electric utilities in both Colorado and Nevada have also introduced rate plans that value the cost of electricity depending on the time of day. These electricity rate structures mean that the cost of electricity for residents is often more expensive during peak times when people are using more power, such as in the early evening. By powering through these times of peak demand using solar energy stored in Brightbox, households can better manage their overall electricity use and keep their electricity costs secure.

Home solar and batteries offer residents and the broader electricity system a clean, resilient energy solution. These home energy resources are less vulnerable to power line outages and can share stored power across communities through aggregated, local clean energy networks known as “virtual power plants”. By introducing Brightbox to Colorado and Nevada, Sunrun is setting the stage for an even cleaner, more distributed electricity system.

About Sunrun
Sunrun Inc. (Nasdaq:RUN) is the nation’s leading home solar, battery storage, and energy services company. Founded in 2007, Sunrun pioneered home solar service plans to make local clean energy more accessible to everyone for little to no upfront cost. Sunrun’s innovative home battery solution, Brightbox, brings families affordable, resilient, and reliable energy. The company can also manage and share stored solar energy from the batteries to provide benefits to households, utilities, and the electric grid while reducing our reliance on polluting energy sources. For more information, please visit www.sunrun.com.

Media Contact:
Shane Levy
Media Manager
press@sunrun.com
(201) 679-9507

Investor & Analyst Contact:
Patrick Jobin
SVP, Finance & IR
investors@sunrun.com
(415) 373-5206 

Primary Logo


© GlobeNewswire 2020
share with twitter share with LinkedIn share with facebook
Latest news on SUNRUN INC.
09:32aSUNRUN : Thinking about buying stock in Can Fite Biopharma, RTI Surgical Holding..
PR
07/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
07/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
07/10SUNRUN INC. : Entry into a Material Definitive Agreement, Amendments to Articles..
AQ
07/07Utilities Down, But Not By Much, As Solar-Power Installers Agree To Merge -- ..
DJ
07/07Novavax, Sunrun rise; Shake Shack, United Airlines fall
AQ
07/07NEWS HIGHLIGHTS : Top Company News of the Day
DJ
07/07NEWS HIGHLIGHTS : Top Energy News of the Day
DJ
07/07NEWS HIGHLIGHTS : Top Company News of the Day
DJ
07/07NEWS HIGHLIGHTS : Top Company News of the Day
DJ
More news
Financials (USD)
Sales 2020 804 M - -
Net income 2020 -2,19 M - -
Net Debt 2020 2 797 M - -
P/E ratio 2020 858x
Yield 2020 -
Capitalization 4 065 M 4 065 M -
EV / Sales 2019
EV / Sales 2020 8,53x
Nbr of Employees 4 800
Free-Float 94,7%
Chart SUNRUN INC.
Duration : Period :
Sunrun Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SUNRUN INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Average target price 28,56 $
Last Close Price 33,78 $
Spread / Highest target -5,27%
Spread / Average Target -15,5%
Spread / Lowest Target -31,9%
EPS Revisions
Managers
NameTitle
Lynn Michelle Jurich Chief Executive Officer & Executive Director
Edward Harris Fenster Executive Chairman
Christopher Dawson Chief Operating Officer
Tom vonReichbauer Chief Financial Officer
Gerald Alan Risk Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SUNRUN INC.144.61%4 065
SOLAREDGE TECHNOLOGIES, INC.76.89%8 348
ENPHASE ENERGY, INC.113.85%6 997
FLAT GLASS GROUP CO., LTD.86.02%4 960
VIVINT SOLAR, INC.159.64%2 364
RISEN ENERGY CO.,LTD.23.97%2 130