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Sunrun Announces Conference Call Details to Discuss the Fourth Quarter and Full-year 2023 Results

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Sunrun (Nasdaq: RUN) will release its fourth quarter and full-year 2023 earnings report on February 21, 2024, followed by a conference call to discuss the results. The company also issued a statement celebrating the milestones and environmental impact of its customer base in 2023, including the addition of 110,285 solar-only homes and 28,227 solar + battery storage homes. However, investors are advised not to rely on these figures or view them as comparable to key operating metrics disclosed in the company's materials.
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  • Investors are advised not to rely on the figures related to the addition of solar-only and solar + battery storage homes or view them as comparable to key operating metrics disclosed in the company's materials.

Earnings Release and Conference Call Scheduled for February 21, 2024

Company Also Issues Statement Regarding Customer Communication Celebrating 2023 Achievements and Environmental Impact

SAN FRANCISCO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its fourth quarter and full-year 2023 earnings report after the market closes on Wednesday, February 21, 2024.

A conference call has been scheduled to discuss these earnings results at 1:30 p.m. Pacific Time. The conference call can be accessed live via the Sunrun Investor Relations website at https://investors.sunrun.com or over the phone by dialing (877) 407-5989 (toll-free) or (201) 689-8434 (toll). An audio replay will be available following the call on the Sunrun Investor Relations website for approximately one month. A transcript of the conference call will also be posted to the Sunrun Investor Relations website the following day.

Statement Regarding Customer Communication Celebrating 2023 Achievements and Environmental Impact
On January 12, 2024, a communication was sent to the majority of Sunrun’s customers, celebrating the milestones and environmental impact of Sunrun’s customer base in 2023. In addition to celebrating each individual customer’s system’s impact on the environment, the email communication included a statement that Sunrun added 110,285 solar-only homes & 28,227 solar + battery storage homes in 2023. These statistics are calculated on a different basis than Sunrun’s volume metrics reported each quarter. As such, these statistics are not comparable to Customer Additions disclosed in the company’s filings with the SEC and investor materials. Investors should not rely upon these figures or view them as comparable to key operating metrics disclosed in the company’s materials. Sunrun will release Q4 and full-year 2023 results on February 21 and will provide a Customer Additions metric at that time.

About Sunrun
Sunrun Inc. (Nasdaq: RUN) is the nation’s leading home solar, storage, and energy services company. Founded in 2007, Sunrun pioneered home solar service plans to make local clean energy more accessible to everyone for little to no upfront cost. Sunrun’s innovative home storage solution brings families affordable, resilient, and reliable energy. The company can also manage and share stored solar energy to provide benefits to households, utilities, and the electric grid while reducing our reliance on polluting energy sources. For more information, please visit www.sunrun.com.

Investor & Analyst Contact:

Patrick Jobin
SVP, Finance & IR
investors@sunrun.com

Media Contact:

Wyatt Semanek
Director, Corporate Communications
press@sunrun.com


FAQ

When is Sunrun's earnings report for Q4 and full-year 2023 scheduled to be released?

Sunrun's earnings report for Q4 and full-year 2023 is scheduled to be released on February 21, 2024.

How can the conference call to discuss the earnings results be accessed?

The conference call can be accessed live via the Sunrun Investor Relations website at https://investors.sunrun.com or over the phone by dialing (877) 407-5989 (toll-free) or (201) 689-8434 (toll).

What was included in the communication sent to Sunrun's customers on January 12, 2024?

The communication celebrated the milestones and environmental impact of Sunrun’s customer base in 2023, including the addition of 110,285 solar-only homes and 28,227 solar + battery storage homes.

Should investors rely on the figures related to the addition of solar-only and solar + battery storage homes?

Investors are advised not to rely on these figures or view them as comparable to key operating metrics disclosed in the company's materials.

Sunrun Inc.

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About RUN

if change means solving one of the biggest challenges of our time by reinventing the way millions of people power their homes with affordable clean energy, then we say bring it on. at sunrun, we believe that running everything isn't just smart, it's brilliant. we’re doing the single most important thing we can–reinventing how homeowners get energy. it doesn’t hurt that we’re helping the planet, kick starting the economy and having fun while doing it. in 2007, sunrun co-founders ed fenster and lynn jurich set out to solve an important problem–the future of energy–by making home solar mainstream. upfront cost was a huge barrier to home solar adoption, so they invented a way to remove it. in this pioneering model known as solar service, sunrun allows homeowners to pay for the power, not the panels. this means sunrun owns, maintains and monitors the system while homeowners pay for the electricity it produces at a low, locked-in rate–saving them money over time. simply put, sunrun makes