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Stock impact report

Sunrun Policy Chief Talks COVID Impact and Solar Power Future [Forbes]

Sunrun Inc. (RUN) 
NASDAQ:AMEX Investor Relations: investors.sunrun.com/investor-overview
Company Research Source: Forbes
Last year solar poweraccounted for 40%employedto fall 30%declineThe decline in new solar business hurts in two ways.  Falling demand for new solar generation translates into more furloughed workers in the midst of an unprecedented employment crisis.  In March and April big residential solar companies including Sunrun andTeslaSolar’s decline isn’t unique, but it hurts all the more because the industry exists at the nexus green jobs and climate solutions.  Clean energy is one of the clear and inevitable growth industries of the future.  In this light, thefailureAnne Hoskins,chief policy officer at Sunrun, recentlyExtension of the ITC is a no-brainerToday In:The investment tax credit and net metering have been the key drivers of residential solar growth.  The ITC is currently on the glide path to oblivion, with the value of the incentive declining from 30% of the cost of a new system to 26% at the start of this year.  In 2021 the ITC will fall to 22% before disappearing altogether for re Show less Read more
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