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SunRun Inc.

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SunRun Expands to Hawaii as Islands’ First Affordable Home Solar Option


SunRun, the nation’s leading home solar company, today announced that its solar power service is now available in Hawaii. The company allows homeowners to have rooftop solar panels installed for as little as $0 down and pay monthly for solar electricity. SunRun owns, monitors, maintains, and insures the panels for no additional cost. This launch is SunRun’s second expansion in just two months.

San Francisco, CA, September 17, 2010 --(PR.com)-- SunRun, the nation’s leading home solar company, today announced that its solar power service is now available in Hawaii. The company allows homeowners to have rooftop solar panels installed for as little as $0 down and pay monthly for solar electricity. Homeowners save up to 15% right away and control their electricity costs over time. In addition, SunRun owns, monitors, maintains, and insures the panels for no additional cost. This launch is SunRun’s second expansion in just two months, and it furthers the company’s mission to increase access to affordable solar power while driving job creation for local installers.

“It is important that we provide our homeowners and businesses adequate access to clean, renewable sources of energy,” said Hawaii Senator Daniel K. Inouye. “Nearly 90 percent of the power generated and consumed in Hawaii is the product of imported fossil fuels. Hawaii’s location in the middle of the Pacific Ocean makes it the perfect place to take advantage of the energy provided by the sun. I commend SunRun for being part of the effort to move Hawaii into a clean energy future.”

“Homeowners continue to tell us that their electricity prices are too high and unpredictable, and that’s why we want to offer them the best alternative to their utility company,” said Lynn Jurich, president of SunRun. “Our solar power service now makes solar a reality for homeowners in Hawaii by removing the high upfront cost.”

SunRun partners with local installers in each new market to facilitate job creation, and has partnered in Hawaii with RevoluSun and Sunetric, two of the leading local integrators. SunRun partners employ over 2,500 workers, and one notable partner was able to add 75 new employees in 2009 due to SunRun’s solar power service. Recently, SunRun President Lynn Jurich spoke on a panel with Nevada Senator Harry Reid about creating green jobs, and she advised President Obama at The White House last December on the same topic.

“We are working to create sustainable solar communities and provide affordable, clean power,” said Mark Duda, RevoluSun’s founder and President of the Hawaii Solar Energy Association. “Our partnership with SunRun is a major shift in the market that will make solar affordable to as many Hawaii homeowners as possible.”

SunRun partner Sunetric works with the company to design and install the newly-affordable systems. "This program opens the floodgates for every homeowner who wants to switch to solar," said Alex Tiller, CEO of Sunetric. "Thanks to SunRun, Hawaii will reduce its dependence on fossil fuels while taking control of its power bills. Additionally, Sunetric will be able to grow its team and stimulate much-needed job growth in the Islands."

With the addition of Hawaii, SunRun now operates in seven states and has a strong community of passionate customers. “We had done smaller energy efficiency improvements over the last few years and solar was the last and most significant step, but we needed an affordable and complete option,” said Doug Herberich, a Massachusetts SunRun customer. “SunRun takes care of the whole package including monitoring and maintaining the panels, and that makes all the difference.”

SunRun is Hawaii’s first and only solar power service provider, operating on the islands of Hawaii, Maui and Oahu, and will expand as demand grows. As the nation’s southernmost state, Hawaii has an abundance of sunlight that presents an ideal climate for solar power.

About SunRun
SunRun, the nation’s leading home solar company, is the smart and affordable choice for homeowners who want a clean alternative to their utility. SunRun offers solar power service, similar to a lease, allowing homeowners to upgrade their home to solar for as little as $0 upfront and simply pay monthly for solar electricity. More than 5,000 homeowners have chosen SunRun across Arizona, California, Colorado, Hawaii, Massachusetts, New Jersey, and Pennsylvania. SunRun partners with over 25 leading local solar installers, who together employ more than 2,500 green-collar workers. SunRun has raised financing for more than $300 million in solar systems from PG&E Corporation and U.S. Bancorp and $85 million in venture capital from Accel Partners, Foundation Capital and Sequoia Capital. For more information, please visit: www.sunrunhome.com.

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Contact Information
SunRun Inc.
Susan Wise
415.684.9874
Contact
http://www.sunrunhome.com

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