SunRun enters Oregon's solar market
By Christina Williams
Editor, Sustainable Business Oregon
SunRun extended its affordable-solar service to Oregon this week. (This SunRun installation in Millis, Mass. was photographed by Aleris.)
SunRun Inc. announced Wednesday that it is jumping into the Oregon market, offering a lease-like solar power service to homeowners designed to make solar energy more affordable.
San Francisco-based SunRun is partnering with Oregon solar installers to sell its service, which charges homeowners a monthly fee for the power generated by the solar panels. The arrangement is technically a power purchase agreement and SunRun owns and maintains the system for 20 years.
SolarCity announced in January that it would offer the state's first lease program for solar panels. It was made possible by a change to Oregon's Residential Energy Tax Credit to allow credits for leased panels.
SunRun will partner with Oregon companies Imagine Energy, REC Solar, RS Energy, Sunlight Solar Energy and SunWize to sell and install the solar systems.
With the addition of Oregon, venture-backed SunRun now operates in eight states including California, Colorado, Arizona, Hawaii, Pennsylvania, Massachusetts and New Jersey. Company spokeswoman Susan Wise said the company has installed or received orders for 11,500 solar systems to date.
SunRun CEO Lynn Jurich, wrote an opinion piece for Huffington Post highlighting what she calls the rise of the "pocketbook environmentalist." Jurich wrote that companies like SunRun are making environmental choices pencil out.
christinawilliams@bizjournals.com | 503.219.3438 | @SustainableBzOR
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