SunRun Recognized With Award for Excellence in Renewable Energy

SAN FRANCISCO, March 8, 2011 /PRNewswire/ -- SunRun, the nation's leading home solar company, was honored today as CEO Edward Fenster and President Lynn Jurich accepted the Business & Finance Leaders of the Year Award at the Renewable Energy World North America Conference & Expo.

Since the start of 2011 SunRun has already received two industry awards, garnered national recognition for a report called "The Impact of Local Permitting on the Cost of Solar Power," and celebrated its 10,000th customer.  The company installs more than $1 million in residential solar every day to give Americans an affordable way to go solar.

"Residential solar is growing rapidly and SunRun's successful business model puts them at the head of the pack," said Renewable Energy World publisher Oliver Strube. "They beat out hundreds of nominees in this category because SunRun's impressive growth – 300 percent in 2010 – demonstrates they know how to transform a great concept into real results."

With solar power service, SunRun owns, installs, repairs, and insures the solar panels, while the homeowner simply pays a monthly bill for the power they use. Typically, a homeowner will save between 10-15 percent right away on total electricity bills, plus tens of thousands over time as utility rates increase.

"We're honored to accept this award on behalf of our entire team, as Lynn and I represent just one part of the tireless effort that goes into making SunRun successful," said Edward Fenster, SunRun CEO.  "Today we bring solar to thousands of rooftops, but our goal is to power millions of American homes and we're on track to achieve that."

"We talk to customers every day who tell us how much it means to them to save on monthly power bills, control their rates, and do something good for the environment, and that customer satisfaction is how we measure our success," said Lynn Jurich, SunRun president.  "I'm proud to be able to help homeowners save money with renewable energy."

For more information on the 2011 Excellence in Renewable Energy Awards visit: http://awards.renewableenergyworld.com/

About SunRun

SunRun, the nation's leading home solar company, is the smart and affordable choice for homeowners who want a clean alternative to their utility. SunRun offers solar power service, similar to a lease, allowing homeowners to upgrade their home to solar for as little as $0 upfront and simply pay monthly for solar electricity.

More than 10,000 homeowners have chosen SunRun across Arizona, California, Colorado, Hawaii, Massachusetts, New Jersey, and Pennsylvania. SunRun partners with over 25 leading local solar installers, who together employ more than 3,000 green-collar workers. SunRun has raised financing for more than $400 million in solar systems from PG&E Corporation and U.S. Bancorp and $85 million in venture capital from Accel Partners, Foundation Capital and Sequoia Capital. For more information, please visit: www.sunrunhome.com

About the 2011 Excellence in Renewable Energy Awards

Presented by the editors of RenewableEnergyWorld.com and Renewable Energy World North America magazine, these awards recognize the most outstanding projects, programs, technologies and leaders in the wind, solar, biomass, geothermal and hydroelectric sectors. Winners will be recognized during the keynote sessions and awards will be presented during the opening reception.

SOURCE SunRun

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