SAN FRANCISCO and FRESNO, Calif., July 07, 2016 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the largest dedicated residential solar company in the United States, today announced it will install a solar energy system on a low-income Fresno family’s home with the Fresno Grizzlies. Local nonprofit GRID Alternatives Central Valley will supply the solar energy system equipment and oversee the installation volunteers.
“We’re excited to give back today to our loyal Fresno community,” said Derek Franks, general manager of the Fresno Grizzlies. “Together with Sunrun and GRID Alternatives, we’re helping a deserving family in Fresno save money on its electric bill with clean, affordable energy from the sun.”
Fresno Grizzlies players Joe Musgrove and Tommy Shirley will join Sunrun employees to install a 4 kW system for Yolanda Lopez and her family, saving them an estimated $37,000 over the system’s 25-year lifetime.
“Sunrunners are actively involved in their local communities and today’s installation at the Lopez family home in Fresno is a great example of that,” said Michael Grasso, Sunrun’s chief marketing officer. “We’re excited that the Grizzlies were eager to join in today’s volunteer event and support a Fresno family’s bright future with solar savings.”
“The monthly savings that solar power provides can make a big difference for hard-working Fresno families,” said Tom Esqueda, Executive Director of GRID Alternatives Central Valley, which has installed solar for nearly 1200 qualifying families throughout the region. “We couldn’t do this without the support of our community and our solar industry partners.”
Sunrun has a multi-year partnership with Minor League Baseball and the Fresno Grizzlies. As the Preferred Residential Solar Power Provider of Minor League Baseball, Sunrun hosts "Sunrun Sundays" throughout the season, offering young fans the opportunity to escort players to their on-field positions as a part of Sunrun's Jr. All-Stars program. Sunrun also partners with GRID Alternatives to support its work in low-income communities nationwide through a combination of employee volunteerism, philanthropic support and in-kind equipment donations.
Sunrun offers families up to 20 percent savings on their electric bill with solar-as-a-service. Sunrun designs, installs, finances, maintains and monitors the systems, so customers can enjoy hassle-free savings without a high upfront cost.
About Sunrun
Sunrun (Nasdaq:RUN) is the largest dedicated residential solar company in the United States with a mission to create a planet run by the sun. Since establishing the solar as a service model in 2007, Sunrun continues to lead the industry in providing clean energy to homeowners with little to no upfront cost and at a savings to traditional electricity. The company designs, installs, finances, insures, monitors and maintains the solar panels on a homeowner's roof, while families receive predictable pricing for 20 years or more. For more information please visit: www.sunrun.com.
About GRID Alternatives
GRID Alternatives Central Valley is an affiliate of GRID Alternatives, America’s largest nonprofit solar installer bringing clean energy technology and job training to underserved communities through a network of community partners, volunteers, and philanthropic supporters. GRID Alternatives has installed 7,000 rooftop solar systems nationwide with a combined installed capacity of 24MW, saving $190 million in lifetime electricity costs, preventing 530,000 tons of greenhouse gas emissions, and providing over 26,000 people with solar training. GRID has eleven regional offices and affiliates serving California, Colorado, the Mid-Atlantic, the New York tri-state area, Tribal communities nationwide, and Nicaragua. For more information, visit www.gridalternatives.org.
About the Fresno Grizzlies
The 2015 National Champion Fresno Grizzlies, Triple-A affiliate of the Houston Astros, are a member of the 16-team Pacific Coast League and are one of 30 teams in the world playing the highest level of Minor League Baseball. The 2015 season was one of historic proportions for the team and City of Fresno, as the Grizzlies secured their first-ever Pacific Coast League and Triple-A National Championships. Learn about 2016 ticket plans by calling the front office at 559.320.TIXS between the hours of 9:00 AM and 5:00 PM Monday through Friday.
Forward Looking Statement
This press release contains forward-looking statements including, but not limited to, statements regarding the industry’s growth, Sunrun’s growth, customer savings and demand for our products and services. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. You should read the section entitled "Risk Factors" in Sunrun's quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
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