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Sunrun Inc.
Sunrun is a publicly-traded residential solar and storage company serving over 1 million US homes, led by CEO Mary Powell.
Sunrun Inc.
Sunrun was founded in 2007 by Lynn Jurich, Ed Fenster, and Nat Kreamer, pioneering the residential solar lease model that let homeowners install panels with little to no upfront cost. The company went public in 2015 and has grown to become the top US home solar provider by market share, serving over one million customers. Strategy centers on direct-to-homeowner sales, partnerships with national retailers like Home Depot, and a subscription-based service called BrightSave Monthly. Sunrun installs both its own panels and Tesla Powerwall batteries, and it operates a virtual power plant — aggregating thousands of home batteries to supply energy back to grids during peak demand. The firm operates across more than 20 US states and Puerto Rico. The company employs over 11,000 workers across sales, installation, and service roles. Sunrun has saved customers over $1 billion in energy costs since 2007 and generated 25.6 billion kWh of clean energy through its installed fleet. The company also operates a philanthropic arm, the Sunrun Foundation, which funds nonprofit environmental organizations. Sunrun is not a family office or investment manager — it is a publicly-traded residential energy company. Its structural distinction lies in owning and operating the distributed generation assets it installs, retaining customer contracts and battery dispatch rights, rather than simply selling equipment.
General information
Firm type
other
Year founded
2007
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Mary Powell
CEO
Sector focus
Frequently asked questions
Is Sunrun a solar panel manufacturer?
No. Sunrun sources solar panels and batteries from manufacturers such as LG and Tesla, then designs, installs, and monitors the systems for homeowners. It does not manufacture the hardware itself.
What is the Sunrun virtual power plant?
Sunrun aggregates thousands of home battery systems into a single resource that can dispatch stored energy back to utility grids during peak demand. The company markets this as the nation's largest residential distributed power plant (per the firm, 2025).
How does Sunrun make money from the home battery installations?
Beyond equipment and installation fees, Sunrun earns recurring revenue through subscription plans and by dispatching power from battery systems into energy markets. The company also retains federal tax credits and other incentives tied to the systems it owns.
Does Sunrun offer solar loans?
Yes, in addition to leases and power purchase agreements, Sunrun offers solar loans that let homeowners own the system outright. The company's BrightSave Monthly plan is a subscription that bundles financing with a fixed monthly charge.
Who is Sunrun's main competitor?
Sunrun's primary residential solar competitor is Tesla Energy, which sells the Solar Roof and Powerwall directly. Other rivals include Sunnova, Vivint Solar, and regional installers.
Where is Sunrun headquartered?
Sunrun's corporate headquarters is in San Francisco, California. It also has significant operational offices across its service territories.
How does Sunrun's CEO Mary Powell compare to previous leadership?
Mary Powell became CEO in 2021, succeeding co-founder Lynn Jurich. Powell previously led Green Mountain Power, a Vermont utility, where she pushed aggressive renewable energy and battery adoption strategies.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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