Sunrun Applauds House Passage of the Inflation Reduction Act, the Most Consequential Legislation to Address Climate Change in U.S. History
08/12/2022 - 05:43 PM
SAN FRANCISCO, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Today, Sunrun (Nasdaq: RUN), the nation’s leading home solar, battery storage and energy services provider, issued a statement on the U.S. House of Representatives passing the Inflation Reduction Act:
"What an historic moment for our country! Sunrun applauds everyone in Congress and the Biden Administration who helped accomplish this major step forward for humanity. The Inflation Reduction Act will combat inflation, lower energy prices and help our country meet its climate goals. It will boost U.S. manufacturing, create millions of good-paying jobs, expand access and equity for those who need it most, and improve grid stability and resilience. The need for families to take control of their energy and for broader U.S. energy independence has never been clearer. All of us at Sunrun are focused on scaling as fast as humanly possible to provide customers with a more affordable, clean and resilient way to power their homes and lives.” – Mary Powell, CEO, Sunrun
About Sunrun www.sunrun.com
Media Contact press@sunrun.com
Investor & Analyst Contact investors@sunrun.com
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RUN Stock Data
Industry
Solar Electric Power Generation
Sector
Utilities
Tags
Producer Manufacturing, Electrical Products, Industrial Services, Engineering & Construction, Utilities, Electric Utilities, Alternative Power Generation, Solar Electric Power Generation
Country
US
City
San Francisco
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
