Sunrun

Provides home solar installation, financing, and leasing.

2015 9-Month Revenue Revenue:
$205 M
Industry:
Energy
Location:
San FranciscoCA 
Founded:
2007
3380
Lynn Jurich. Photo Credit: Anastasiia Sapon

When co-founders Lynn Jurich and Ed Fenster first got into the residential solar energy business in 2007 with Sunrun, solar energy was not a mainstream way for homeowners to power their property. But Jurich and Fenster recruited customers by pitching savings, not just sustainability. "You have to explain how customers will save money or get higher quality or performance," Furich told Inc. The company claims that it will help homeowners reduce their electric bill by about 20 percent. Clients don't have to pay for the installation of solar panels upfront--instead, they can pay a fixed monthly fee depending on how much energy the panels produce. In terms of Sunrun's future, Furich and Fenster borrowed a lot of money to get the company up and running, and it still needs to get costs down to become profitable. Note: employee count as of Dec. 31, 2015

MORE COMPANY INFORMATION

Website:
sunrun.com