Create a planet run by the sun

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Presentation transcript:

Create a planet run by the sun New England Roundtable Solar and Storage

Compelling Solar + Storage Value Proposition Sunrun Overview Who We Are Market Coverage Formed in 2007 and headquartered in San Francisco, CA, Sunrun pioneered the residential solar service product Largest residential solar, storage, home energy management company, with more than 200,000 customers Sunrun currently operates in 23 states, DC, and Puerto Rico In 2016, Sunrun expanded its offering to battery storage and, now a leading provider of grid services Sunrun Solar Service Presence Sunrun / Partner Location Sunrun Dealer Network / Lead Generation Presence Compelling Solar + Storage Value Proposition Value to customer TODAY 10 YEARS 20 YEARS Sunrun Payment New Electricity Bill Projected Electricity Bill Without Solar $$ $$$ $$$$ $ Save 20% or more on electricity Little or no upfront cost Backup power, no fuel or pollution Bill management Illustrative Sunrun Customer Savings Value to the Grid Peak reduction Resiliency Dispatchable Virtual Powerplant Ancillary Services G Note: Savings measured over initial 20 year contract term.

Sunrun’s Brightbox solar+storage product serves a range of utility and customer needs Sunrun is delivering solar+storage to thousands of residential customers with Brightbox. This turnkey solution, integrating hardware from global technology leaders, can be aggregated as a grid resource. Back-Up Power (Island during Outage) Grid Services (Capacity, Voltage Active/Passive) 2-10 kW Solar + 9.8 kWh / 5 kW Storage Bill Management (TOU, CPP, Hourly) Energy Self Supply Brightbox solves for market and customer needs: HI: Backup Power and Solar Self Supply CA: Backup Power, TOU Bill Management, Grid Services AZ: Backup Power, TOU Bill Management NY: Backup Power, Grid Services MA: Backup Power, Grid Services FL: Backup Power Puerto Rico: Backup Power; Donated systems on fire stations for 24/7 power, future rebuilding asset

From Q2 2017 to Q2 2018, residential storage deployment grew 10x and outpaced all other storage market sectors.

Recent Headlines

Distributed Solar + Batteries Increases Resiliency for Customers and the Grid Sunrun delivers home solar and battery services to thousands of households with Brightbox. These batteries can be aggregated as a grid resource. Operational when T&D lines are damaged Less likely to result in widespread outages Clean, affordable backup power Reduces need to harden T&D costs and to use dirty peaker plants Helping to address imbalances or congestion. Home solar and battery storage can be located at the most valuable grid locations, where energy is consumed.

Regulatory Foundational Elements to Enable Solar Plus Storage Solutions Support fair compensation for residential solar, which fuels batteries. Net metering = solar = storage. Streamline interconnection and metering processes. Offer tariffs that allow customers to provide services to make the grid more resilient. Find win-wins for utilities & competitive companies through shared savings mechanisms (i.e., New York).

Thank you!