If you were to ask your neighbor who installed solar five years ago about how they financed the system, it’s likely that they’re leasing their solar panels from a large, national solar provider like Vivint or SunRun. It was only recently that solar ownership options – either buying the system with cash upfront or financing through a loan – became the more popular option for homeowners investing in new solar panel systems.
Who are the top solar leasing companies in the country, and how do they differ in structure and business model? This article aims to answer these questions, examining some of the biggest solar lease providers in the US – SolarCity, Vivint Solar, Sunrun, SunPower and Clean Power Finance.
With Tesla Energy and SolarCity in a transition phase due to the ongoing merger between the two companies, a new solar behemoth has taken the reigns as America’s top installer. Sunrun now installs more solar systems than any other company in the United States. With a new focus being given to this California installer, we thought it would be appropriate to review the firm and offer our take to help consumers assess Sunrun in depth when comparing them to other U.S. installers – many of which provide competing solar quotes on the EnergySage Solar Marketplace.
As the cost of solar continues to fall and the financial and environmental benefits of solar PV grow, more organizations are collaborating to provide reasonably priced solar options to homeowners. For example, National Grid recently announced that it is partnering with EnergySage to offer a solar marketplace option to its Rhode Island customers. Recently, Comcast also announced a partnership: the cable company will offer a discounted solar option to its customers through an exclusive partnership with Sunrun. Find out more about what the Comcast solar offer means for you.
Sunrun is one of the largest solar installation companies in the country and has partnerships with organizations like Comcast, Major League Baseball, and Costco. The company primarily offers solar leases and power purchase agreements (PPAs) to homeowners, although there are also cash purchase and solar loan options. Are you considering a lease or PPA offer from Sunrun? Before you sign on the dotted line, review EnergySage’s guide to evaluating your Sunrun offer.
One of the most important decisions you make when installing solar is which company will provide and install your panels. There are a few large solar players who are always mentioned in conversations about solar panel companies and your options for installation. In this article, we’ll take a look at some of these big players and if you should consider working with them for your home solar project.
If you regularly shop at Costco, you may have spotted a kiosk for home solar installations in the store, or even spoken to a store representative about installing their own branded Costco solar panels. Costco has a partnership with Sunrun, one of the largest residential solar companies in the country, to offer their members special benefits when they go solar. Here are the details of Costco’s partnership with Sunrun.
Tesla’s referral program offers incentives to its customers for referring their friends and family to the company. Now that Tesla has acquired SolarCity, the country’s largest solar installer, the leading cleantech company’s referral program includes rewards for referring solar customers as well as car buyers. Whether you purchased a Tesla electric vehicle (EV) or Tesla solar panels, you can earn rewards when your friends buy Tesla cars or go solar with Tesla.
Batteries are becoming a popular addition to solar panel systems throughout the U.S. and across the globe. Energy storage can provide backup power if the grid goes down and can also help maximize savings in utility territories that have time-of-use (TOU) rates or unfavorable net metering policies.
Solar companies are picking up on the trend – many have started offering battery installation as a service to pair with a solar panel system. The largest residential solar installer in the country, Sunrun, has a “solar plus storage” option known as the Brightbox package. Brightbox is available in Hawaii, Arizona, California, New York, and –most recently– Massachusetts.
It was a thrilling week in the solar industry with further technological advances in PV and a few partnerships that turned heads. A new type of solar panel that turns moisture into drinking water, EY’s latest report on the top renewable energy countries and a controversial Florida solar amendment are the big headlines we’re eying from this week’s Solar Energy News report.