Sunrun Inc. is a leading American residential solar energy company that was founded in January 2007 by Edward Fenster, Lynn Jurich, and Nat Kreamer. The company was established in San Francisco, California, with the mission to make clean, renewable energy accessible and affordable to homeowners across the United States. It was one of the pioneers in the solar-as-a-service business model, where homeowners could lease or finance solar panels rather than purchasing them outright. Sunrun went public on the NASDAQ stock exchange under the ticker symbol "RUN" on August 5, 2015, becoming the first residential solar company to be publicly traded. Since then, the company has grown significantly and expanded its presence in multiple states, serving customers across the country.
As a solar energy company, Sunrun offers solar installation services, allowing homeowners to generate their electricity using solar panels. They offer various financing options, including solar leases, power purchase agreements (PPAs), and solar loans, enabling customers to switch to solar energy with little to no upfront costs. The company provides custom solar solutions tailored to each customer's needs and takes care of system design, installation, and maintenance.
Over the years, Sunrun has acquired several other solar companies, further solidifying its position as a leader in the residential solar market. One of its notable acquisitions was Vivint Solar, a major residential solar installer, which Sunrun acquired in 2020, making it one of the largest residential solar companies in the United States.