SunRun

SunRun Inc. [cite news|url=http://www.usatoday.com/money/industries/energy/environment/2008-03-30-solar-energy-utilities_N.htm|title=Companies Give Folks Help to Go Green|last=Davidson|first=Paul|date=30 March 2008|work=USA Today|accessdate=2008-08-14] is a United States-based provider of residential solar electricity, headquartered in San Francisco, California. SunRun was founded in 2007 by Ed Fenster, Nat Kreamer and Lynn Jurich. Nat Kreamer got the idea for founding the company while serving in the Special Forces in Afghanistan. Lynn Jurich and Ed Fenster met while at Stanford. The company uses a Power Purchase Agreement [cite news|url=http://www.mercurynews.com/business/ci_10279342?source=rss|title=Power-purchase agreements reduce cost of solar panels|last=Nauman|first=Matt|date=22 August 2008|work=San Jose Mercury News|accessdate=2008-08-23] (PPA) business model whereby homeowners pay for electricity usage but do not buy solar panels outright, reducing the initial capital outlay required by the homeowner.

SunRun remains responsible for installation, maintenance, monitoring and repairs. [cite news|url=http://news.cnet.com/8301-11128_3-9975926-54.html|title=Solar financier SunRun pulls in money|last=LaMonica|first=Martin|date=24 June 2008|work=CNET|accessdate=2008-08-13] The company raised an additional $12 million in venture capital funding from a group of investors including Foundation Capital in June 2008. [cite news|url=http://www.reuters.com/article/rbssUtilitiesElectric/idUSN2328532820080624|title=US residential solar start-up raises $12 million|last=Das|first=Anupreeta|date=June 24, 2008|work=Reuters|accessdate=2008-08-13] Since its founding in September 2007, SunRun has partnered with Akeena Solar, Borrego, REC Solar [cite news|url=http://www.bizjournals.com/sanjose/stories/2008/02/25/story7.html|title=Neighbors don't wait for solar companies to come knocking|last=Ritch|first=Emma|date=February 22 2008|work=San Jose Business Journal|accessdate=2008-08-14] and ASE. SunRun's main competitor is SolarCity, which offers a lease program.

References

External links

* [http://www.mercurynews.com/vc/ci_10156587 VC pours his energy into a greener planet]
* [http://www.triplepundit.com/pages/home-solar-minus-the-cost-effo-003327.php Home Solar, Minus the Cost, Effort, Worry]
* [http://www.earthtoys.com/emagazine.php?article=sunrun&issue_number=07.12.01 EarthToys Interview - Sun Run Electricity Package]
* [http://www.sunrunhome.com/ SunRun website]
* [http://cleantechnica.com/2008/05/20/sun-run-offers-affordable-solar-energy/ Cleantechnica article on SunRun]
* [http://www.hippygourmet.com/blog/2008/05/hippy-gourmet-feature-on-sun-run.html Hippy Gourmet PBS feature on SunRun]