Sunrun Inc. Investor Relations

Powering the Customer-Led Revolution to a Cleaner, Affordable and Resilient Energy System

Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs. Our innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Our strong, multi-decade relationships with customers generate recurring revenue and enable additional value creation through product innovation and services that also enhance the electric grid. Today, Sunrun serves nearly a million customers across the United States.

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Investor Relations

Q4 2023 Financial Results Conference Call

February 21, 2024 1:30 PM PDT

30,005

In the fourth quarter of 2023, Customer Additions were 30,005, including 27,000 Subscriber Additions.

$13,445

Net Subscriber Value was $13,445 in the fourth quarter of 2023.

$5.0B

Net Earning Assets were $5.0 billion, which included $988 million in Total Cash.

Source: Q4 2023 earnings release

For complete information regarding our financials, see our periodic filings

View All Prior Quarter Results

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2023

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The Residential Market Leader

Formed in 2007, Sunrun pioneered residential solar service. We have over 800,000 customers and have sold our solar service in 22 states, DC & Puerto Rico. We provide a superior solar energy service with fixed pricing under 20 or 25 year agreements, that generate recurring, contracted revenue for multiple decades. Sunrun has the industry’s leading customer acquisition platform, customer experience capabilities, and extensive financing experience, all of which drive significant barriers to entry and high incremental returns. The majority of customers save a significant amount on their energy bills when they sign up for our subscription service, without any upfront costs. Since 2007 we have delivered more than $1 billion in savings for our customers.

Investor Presentations

Sunrun is Led by Seasoned Professionals with Extensive Industry Experience

Our leadership team’s relentless focus on high quality service offerings, innovative culture and committed workforce is what sets us apart in America’s distributed energy revolution.

Sunrun at a Glance

Our Model<sup>1</sup>

Our Model<sup>1</sup>

  • Providing Superior Power with Rooftop Solar & Storage
  • No Upfront Cost Subscription Offerings that Provide Meaningful Savings
  • Back-Up During Power Outages
Our Growth<sup>1</sup>

Our Growth<sup>1</sup>

  • >800,000 Customers and Installing a New System Every Minute
  • We Have Sold Solar Service in 22 states plus DC and Puerto Rico
  • 12,400 Sunrun Employees1
2022 Financial Performance<sup>1</sup>

2022 Financial Performance<sup>1</sup>

  • 25% Customer Additions Growth
  • $1 Billion Annual Recurring Revenue from Subscribers
  • $4 Billion Net Earning Assets

How Sunrun is Making an Impact

Our mission is to create a planet run by the sun. This means that everyone, from solar installers and sales people to our CEO, shows up to work because they are driven by passion and purpose. Yet mission alone does not make change. At Sunrun, we feel the urgency of the public’s desire for a 100% renewable and resilient energy future. Our roofs have the potential to harness the sun’s abundant energy through solar panels, and home batteries can store that power for when it’s needed, delivering clean energy that powers our lives. A future where energy is affordable and accessible for all.

Our purpose goes beyond putting solar panels on rooftops—it extends to our internal values as well. Sunrun operates to have a positive impact on society by creating meaningful local jobs, contributing to healthier communities, and helping to build a safer, cleaner and more resilient future energy system for everyone. In doing so, we have a responsibility to minimize our environmental impact in all aspects of our operations, provide a safe and diverse place to work for our employees, and ensure robust corporate governance practices.

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Contact Information

Corporate Locations


Sunrun Inc.

225 Bush Street
Suite 1400
San Francisco, CA 94104

717 17th Street
2nd Floor
Denver, CO 80202

1800 Ashton Blvd
Lehi, UT 84043

Investor Relations


Patrick Jobin
Senior Vice President, Finance & Investor Relations
T: 415-373-5206
investors@sunrun.com

  1. Customer count is rounded and is as of 3/31/2023. Employee count as of 12/31/2022. Net Earning Assets is as of 3/31/2023. Installation pace reflects installations by average workday minutes.