Sunrun and SPAN Offer Energy Independence and Resilience to Millions in Puerto Rico
August 02, 2022 at 08:00 am EDT
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Sunrun and SPAN announced an exclusive agreement in the Puerto Rico market in which SPAN smart electrical panels will be included with Sunrun's industry leading battery storage offering, available to residents through Sunrun or a Sunrun channel partner. With Sunrun's home solar and battery systems, residents are able to power through unexpected brownouts and blackouts. Now, with this partnership and state-of-the-art innovation, residents can shift power supply to different uses throughout the home during an outage by controlling where and how backup power is used through fully customizable power circuit controls, which can extend backup time during an outage by up to 40%. This technology also provides Sunrun with an even more sophisticated ability to control and dispatch energy back to the grid during times of high stress, if called upon by grid operators. After suffering the longest power outage in U.S. history in the aftermath of Hurricane Maria in 2017, Puerto Rico's electricity grid remains prone to unexpected power outages and protracted blackouts. In April, after one of the island's main power plants suffered critical failure, more than 1.2 million Puerto Ricans were left without electricity. Over 200,000 reported not having stable power for five days, causing food to spoil, schools to close and businesses to stop operations. Coupled with increasing utility rates and reliance on expensive fossil fuels, unexpected service disruptions are driving families and business owners to turn to rooftop solar and batteries as an affordable and reliable energy alternative. Sunrun entered Puerto Rico in 2018, providing home solar-plus-battery offerings to residents for no dollars down and at a consistent, low monthly rate. Sunrun has quickly become one of the island's largest providers of residential solar energy and battery systems.
The agreement builds on Sunrun's previous announcement expanding its product offering with SPAN into additional markets in the U.S.Sunrun will start offering SPAN smart electrical panels alongside its solar-plus-battery offering across the island this month.
Sunrun Inc. is a home solar, battery storage, and energy services company. The Company is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. Its primary customers are residential homeowners. The Company also offers battery storage along with solar energy systems to its customers in select markets and sells its services to certain commercial developers through its multifamily and new homes offerings. The Company installs solar energy systems on its customersâ homes and provides them with the solar power produced by those systems for a 20- or 25-year initial term. In addition, it monitors, maintains, and ensures the system during the term of the contract. The Company also provides electric vehicle (EV) chargers, battery retrofits, re-powered or expanding systems, home energy management services, and other home electrification products.