Colorado and Nevada residents can now make their mark with Sunrun's Brightbox rechargeable solar battery system – GlobeNewswire

SAN FRANCISCO, May 26, 2020 (GLOBE NEWSWIRE) – Sunrun Inc. (Nasdaq: RUN), the nation's leader in solar, battery storage, and household energy services, today announced that it has launched its Brightbox rechargeable solar battery system in Colorado and Nevada introduces.

Now people who live in the Xcel Energy Service Area in Colorado and the NV Energy Service Area in Nevada can get Brightbox from just $ 0 for a consistently low monthly rate.

“Even before the COVID-19 pandemic, the American energy system was not keeping pace with our evolving needs. Now that Americans are at home across the country, people need to know that their power will be there when they need it most. " said Lynn Jurich, Co-Founder and CEO of Sunrun. “Our Brightbox rechargeable solar battery system helps households keep lights on and better manage energy bills. We're excited to bring Brightbox to Colorado and Nevada so even more households can take control of their home energy. "

Clean energy from solar panels on the roof is stored in Sunrun's Brightbox battery throughout the day. In the event of a failure, Brightbox will provide the customer's home with emergency power and allow them to run all night until the sun comes up and the battery is charged. Customers have the choice of either backing up their entire home or just the most critical devices, depending on whether they need a resilient power supply. Last year, hundreds of Sunrun California customers experienced power outages, using solar and battery storage on the roof for many days until utility power was restored.

Utilities in Colorado and Nevada have also introduced tariff plans that assess electricity costs based on the time of day. These electricity tariff structures mean that electricity costs are often more expensive for residents at peak times when people use more electricity, for example in the early evening. By coping with these peak load times with solar energy stored in Brightbox, households can better control their entire electricity consumption and secure their electricity bills.

Solar energy and batteries for private households offer residents and the broader electricity system a clean, resilient energy solution. These domestic energy resources are less prone to power outages and can share stored electricity between the communities via aggregated, local clean energy networks, so-called “virtual power plants”. With the introduction of Brightbox in Colorado and Nevada, Sunrun is creating the conditions for an even cleaner and more distributed power system.

About Sunrun
Sunrun Inc. (Nasdaq: RUN) is the nation's leading solar, battery storage, and energy services company. Founded in 2007, Sunrun pioneered residential solar service plans to make local clean energy more accessible to everyone at little or no upfront cost. Sunrun's innovative home battery solution, Brightbox, offers families affordable, resilient, and reliable energy. The company can also manage and share solar stored energy from the batteries to provide benefits to households, utilities and the grid while reducing reliance on polluting energy sources. You can find more information at www.sunrun.com.

Media contact:
Shane Levy
Media manager
press@sunrun.com
(201) 679-9507

Investor & Analyst Contact:
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SVP, Finance & IR
investoren@sunrun.com
(415) 373-5206