Florida PSC Unanimously Votes To Grant Sunrun Ability To Offer Zero-Down Home Solar In Florida
April 20 2018 - 12:44PM
Sunrun Inc. (Nasdaq:RUN), the nation's largest residential solar,
storage and energy services company, today applauds Florida
regulators on unanimously voting to grant Sunrun's Petition for
Declaratory Statement regarding its solar lease product proposal.
This lease can provide Floridians an easy, clean way to power their
homes without dealing with the high upfront cost of solar panels,
equipment, and installation. Sunrun will also fully maintain the
system, offering households a hassle-free option for going solar.
Until today, households in Florida were unable to lease solar
systems. This morning, the Florida Public Service Commission voted
in accordance with clearly defined state law to ensure homeowners
have the right to lease a solar system from Sunrun.
"The Commission's vote to grant our petition is a critical step
toward broadening access to solar energy for Floridian households,"
said Anne Hoskins, Chief Policy Officer of Sunrun. "We are grateful
for the time the Commission and technical staff spent promptly
reviewing our petition and our Florida lease product, and look
forward to bringing additional solar energy choice to more people
in the Sunshine State soon."
Sunrun's lease offering will make going solar and saving on your
electric bill even easier. Homeowners can get started for little to
$0 down and pay a low, predictable rate to lease the solar system.
Sunrun expects to start accepting orders in select markets in the
coming months, in accordance with the Commission's final
ruling.
"Sunrun is delighted to now be able to offer Floridians the
opportunity to lease a solar system, enabling them to have clean,
reliable, affordable solar power for their homes," said Lynn
Jurich, Chief Executive Officer and Co-Founder of Sunrun.
About SunrunSunrun (Nasdaq:RUN) is the nation's
largest residential solar, storage and energy services company.
With a mission to create a planet run by the sun, Sunrun has led
the industry since 2007 with its various solar and storage
products, which provide clean energy to homeowners with little to
no upfront cost and often at a saving compared to their existing
electric bill. The company designs, installs, finances, insures,
and maintains the systems, while families receive predictable
pricing for 20 years or more. For more information, please visit:
www.sunrun.com.
Media ContactGeorgia Dempsey Sunrun Corporate
Communicationspress@sunrun.com +1 (415) 518-9418
Investor Relations ContactPatrick JobinVice
President, Finance & Investor Relationsinvestors@sunrun.com +1
(415) 510-4986
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