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SunRun gets $12M, for dominant solar installation model

Posted on June 24, 2008

Like a new car, a solar system is a big investment. Some home owners can front the $10,000 - $30,000 for the panels and installation, but most need help. SunRun is one of a new breed of companies that s figuring out ways to set up almost anyone with solar panels, whether or not they have lots of money. The earliest solar vendors were expert mainly in setting up and maintaining solar systems. SunRun, on the other hand, is a bit more like a leasing agent. Instead of just selling panels, SunRun sells its customers something called a Power Purchase Agreement (PPA), which locks into a low electr...

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renewable , solar , solar panels , system