With the addition of Florida, Sunrun now offers service in 22 states. Image: Sunrun
Residential solar, storage and energy services company Sunrun has expanded its operations into Florida.
As part of this new expansion, homeowners can either outright own a system through Sunrun BrightBuy or finance their system purchase with Sunrun BrightAdvantage, using a loan arranged by Sunrun.
Lynn Jurich, chief executive officer of Sunrun, said: "There is strong demand for rooftop solar in Florida, so we are thrilled to bring this affordable clean energy solution to homeowners. Rooftop solar benefits both homeowners choosing to take control of their energy needs, and communities by creating new jobs and a cleaner, more robust energy grid.”
With the addition of Florida, Sunrun now offers service in 22 states. This highlights Sunrun's ability to enter new markets in a low fixed-cost way by working with local partners in the state.
Florida is set for a major push in solar following the passage of SB 90, a bill that would implement Amendment 4, which makes solar and renewable energy equipment on commercial buildings exempt from property taxes for 20 years, beginning in 2018.
Ray Rodrigues, Florida house majority leader, said: “SB 90 represents a real tax cut to those homeowners and businesses who choose to invest in their own energy future. It lowers the cost of doing business and helps Florida families. It also creates jobs and economic opportunities, and I welcome job creators like Sunrun to the state of Florida.”
Florida Senator Jeff Brandes added: “The decision to create new jobs in the renewable energy market in Florida continues to move our economy forward with tax cuts like those in SB 90. We have a bold job growth agenda that prioritizes a diversified energy portfolio, and I look forward to further efforts in the legislature to continue this positive momentum.”
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2020 for its 7th edition!