Investor presentation highlights subscription and storage model
Sunrun outlined its residential solar subscription model, built on 20- or 25-year agreements that generate recurring contracted revenue.
Reported 1,205,613 customers, 8.7 gigawatts of networked solar capacity, 4.6 gigawatt hours of networked storage capacity as of June 30, 2026.
Annual recurring revenue cited at $2 billion, alongside $3.7 billion of contracted net earning assets inclusive of net debt as of June 30, 2026.
Second-quarter 2026 aggregate subscriber value totaled $1.2 billion, down 24% year over year; cash generation was $45 million excluding $22 million safe-harbor equipment investments.
Strategy targets a larger distributed power plant, aiming for 10 gigawatt hours of dispatchable capacity by end-2028 from 4.6 gigawatt hours.
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