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Friday, December 27, 2024

20% of US Rooftop Photo voltaic Programs Are Sunrun Programs, 45% of New Battery Installations Are Sunrun


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Sunrun, the most important rooftop photo voltaic firm in america, lately hit a giant milestone — a million prospects. We lately sat down with Chris Rauscher, Head of Grid Companies & Digital Energy Vegetation at Sunrun, to debate this and associated issues. Take heed to the podcast by way of the next embedded participant, or use one of many podcast community hyperlinks on the underside of this artcle.

I’m simply going to drag out a couple of key quotes and a few enjoyable stats shared within the podcast. Take heed to the complete pod for extra nuance, context, details, and enjoyable.

To start with, Rauscher famous that 20% of rooftop photo voltaic PV methods within the US are actually Sunrun methods. That’s a big portion of a big photo voltaic market. Moreover, 45% of all new battery installations within the US are Sunrun installations.

Our personal Scott Cooney requested how the corporate achieved that 20% market share of rooftop photo voltaic methods, and Rauscher responded as follows: “I feel self-discipline. , we’ve all the time prioritized sustainable progress, and actually keep self-discipline on our core competencies. And, you recognize, we’ve seen numerous churn within the business — each lately but additionally wanting again 4 or 5 years and even 10 years. And I feel Sunrun has had the power to adapt and study from what’s been on within the broader photo voltaic ecosystem and keep our self-discipline on our form of North Star there. Additionally, persevering with to supply compelling merchandise to our prospects, and compelling companies, nice buyer care, after which persevering with to innovate, and I feel once you put these all collectively, that’s how we’ve achieved the size. And, plus, simply the demand for photo voltaic and batteries — it’s actually, actually robust proper now, and has been. That’s a tailwind we count on to proceed for the long run.”

I couldn’t assist however assume that Chris was excited about SolarCity a bit when he was speaking about this. SolarCity was as soon as the #1 rooftop photo voltaic system installer within the nation. Then, it appears the corporate bumped into monetary challenges, and Tesla acquired SolarCity. Recall that the founders and head executives of SolarCity have been cousins of Elon Musk, and Musk was Chairman of the Board. Whereas this was supposed to supply nice synergies and result in increasingly more solar energy gross sales, this photo voltaic arm of Tesla’s enterprise shrunk and shrunk and shrunk. You’ll be able to see in Tesla’s newest shareholder letter from a couple of days in the past that solar energy deployments declined quarter over quarter for the previous 4 quarters — and the decline really goes again a lot additional than that, however I’ll dig into that extra in one other article. Let’s get again to the Sunrun story.

Scott and Chris additionally talked about digital energy vegetation (VPPs), and the way Sunrun prospects are concerned in VPPs. In that dialogue, Rauscher famous that they’ve greater than 25,000 prospects enrolled in VPP packages. “Proper now, that’s a scale that’s unseen at another firm within the business.”

Learn extra Sunrun information right here.

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