Sunrun Inc
RUN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.$^?< | LOCK|?$& | LOCK|@JfK#tC |
Final Tax Bill Allows Sunrun's Leasing Business Model to Maintain Tax Credit Eligibility
Business Strategy and Outlook
Sunrun’s mission is to provide customers—primarily homeowners—with clean and affordable solar energy and related products. The company was a pioneer in the residential solar industry, offering its first solar lease in 2007. Sunrun targets day-one customer savings of 5%-45% compared with a customer's local utility rates. As of early 2025, the company had direct operations in approximately 20 US states and territories and was the US residential solar market leader with mid- to high-teens market share.
