Colorado and Nevada Residents Can Now Power Through With Sunrun’s Brightbox Rechargeable Solar Battery System
May 26 2020 - 9:00AM
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
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