Sunrun, Inc. (RUN)

[dragon52]

like I was saying...

Sunrun Nearly Doubles Addressable Market, Bringing Solar to Seven New States Nation's largest dedicated home solar company nearly doubles its total addressable market, reinforcing solar as a clean, cost-effective solution

SAN FRANCISCO, June 28, 2017 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the largest dedicated residential solar, storage and energy services company in the United States, is pleased to announce that in just under four months, the company nearly doubled its total addressable market (TAM). Sunrun expanded its reach to seven new markets, bringing access to distributed solar energy in New Mexico, Rhode Island, Texas, Vermont, Wisconsin, Washington, D.C., and -- most recently -- Florida.

In addition, the company expanded operations in Pennsylvania and re-entered the state of Nevada after policymakers passed legislation to reinstate solar net metering. The expansions bring Sunrun operations to 22 states and Washington, D.C., and offer another proof point of the inevitability of solar. It demonstrates that falling solar installation costs, combined with strong consumer demand for energy choice, are increasing homeowners' access to solar power.