Sunrun Launches Premium Add-On Storage Offering In California, Maximizing The Value Of Solar Energy
Portfolio Pulse from Benzinga Newsdesk
Sunrun (NASDAQ:RUN), a leading provider of clean energy, has launched a new add-on storage offering for California solar customers. The storage allows customers to power through outages, capture additional value from their existing solar installation, and enhance grid reliability. More than 85% of Sunrun's new sales in California included a battery in the most recent quarter. The company's add-on storage offering uses a premium battery product that integrates with customers' existing solar panels to provide backup power during grid outages and maximize the use of solar energy.
November 01, 2023 | 9:09 pm
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Sunrun's new add-on storage offering could potentially increase the company's sales and revenue, as it meets the increasing demand for energy storage in California. The offering could also enhance the company's reputation as a leading provider of clean energy solutions.
The launch of Sunrun's new add-on storage offering is directly related to the company's business operations and could potentially impact its financial performance. The increasing demand for energy storage in California, coupled with the fact that more than 85% of Sunrun's new sales in the state included a battery in the most recent quarter, suggests that the offering could be well-received by customers and lead to increased sales and revenue for the company. Furthermore, the offering could enhance Sunrun's reputation as a leading provider of clean energy solutions, which could potentially attract more customers and further boost the company's financial performance.
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