Leading Solar CEO Says Bill Will Accelerate Green Shift [MarketWatch]
Sunrun Inc. (RUN)
NASDAQ:AMEX Investor Relations:
investors.sunrun.com/investor-overview
Company Research
Source: MarketWatch
Mary Powell, who leads California-based Sunrun (ticker: RUN), said Monday that her company is already able to offer consumers savings off their traditional electricity bills, but the new legislation will make the economics of solar more stable for a decade or more. She thinks consumers could save as much as $1,800 a year by switching to solar. Sunrun stock was up 4% on Monday and has risen 30% in the past month. The bill that passed the Senate, known as the Inflation Reduction Act, offers $369 billion worth of tax credits and other payouts to producers of clean energy, from solar panels to wind turbines to biofuels. It also offers consumers thousands of dollars worth of subsidies if they buy low-carbon products like electric vehicles. It gives Sunrun a boost because it locks in a tax credit worth 30% of the value of each solar project until 2034. It also makes it easier to claim a credit for a battery storage system, meaning more people can go completely off the grid if they wa
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News
- Newfront Announces Appointment of Katherine August-deWilde to Board of Directors [Yahoo! Finance]Yahoo! Finance
- US Residential Solar: Cloudy Skies Will Lead To A Market Reset In 2024 [Forbes]Forbes
- Sunrun (RUN) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- Sunrun Inc. (NASDAQ: RUN) had its price target lowered by analysts at Mizuho from $28.00 to $23.00. They now have a "buy" rating on the stock.MarketBeat
- Sunrun Announces Date for First Quarter 2024 Earnings Report [Yahoo! Finance]Yahoo! Finance
RUN
Earnings
- 2/21/24 - Miss
RUN
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 8-K
- 4/11/24 - Form 144
- RUN's page on the SEC website