Sunrun and PG&E Expand Collaboration on Distributed Power Plant to Share Critical Solar Energy with California’s Grid
Sunrun customers in California have begun to share the excess solar
energy they are generating on their rooftops with their neighbors -
increasing grid resiliency during critical months of peak energy
Through an exclusive partnership with Pacific Gas and Electric
Company (PG&E), Sunrun (Nasdaq: RUN), the nation's leading
residential solar, battery storage, and solar energy-as-a-service
provider, quickly reached maximum enrollment and energy capacity
goals of 7,500 new and existing residential solar-plus-storage
systems and 30 megawatts in the Energy Efficiency Summer
Reliability Program, also known as Peak Power Rewards.
Due to very strong interest, the program quickly expanded to
8,500 customers and 34 megawatts, respectively.
The program provides meaningful and flexible energy to support
the grid, every evening from 7 p.m. to 9 p.m. during the months of
August through October, when high temperatures challenge
California’s grid to meet peak energy demand. California is among
the top five states with the most hours of power disruption, making
this program vital to overall grid health.
“As we make significant progress in fortifying the grid and
fostering partnerships with energy providers like PG&E, home
storage networked into distributed power plants emerge as
invaluable assets,” said Mary Powell, CEO of Sunrun. “This program
extension plays a unique and positive role in enhancing our state's
electric grid, reinforcing our commitment to empowering customers
and communities with greater energy resilience and energy security
to consumers, in a time where outages have become increasingly more
“Working together with partners like Sunrun is a win-win-win for
our customers, the electric grid and California as a whole. Every
day, we’re looking at new and better ways to deliver for our
hometowns while ensuring safety and reliability for our customers,”
said Patti Poppe, CEO of PG&E Corporation.
“I'm happy to participate in Sunrun and PG&E's Peak Power
Rewards program. I'm glad that my battery provides clean energy to
the grid while also protecting my family during blackouts,” said
Dan Exelby, a Sunrun an PG&E customer in Santa Rosa. “I think
it is great that my battery is supporting the grid and promoting
energy sustainability for California.”
Eligibility for Peak Power Rewards requires Sunrun solar and
battery customers in single-family homes to have an interconnection
agreement with PG&E and not be enrolled in other demand
response programs. Customers will receive an upfront payment of
$750 and a free smart thermostat for participating.
Visit sunrun.com/peak-power-rewards for more information.
About SunrunSunrun Inc. (Nasdaq: RUN) is the
nation’s leading home solar, battery storage, and energy services
company. Founded in 2007, Sunrun pioneered home solar service plans
to make local clean energy more accessible to everyone for little
to no upfront cost. Sunrun’s innovative home battery solutions
bring families affordable, resilient, and reliable energy. The
company can also manage and share stored solar energy from the
batteries to provide benefits to households, utilities, and the
electric grid while reducing our reliance on polluting energy
sources. For more information, please visit www.sunrun.com.
About PG&EPG&E, a subsidiary of
PG&E Corporation (NYSE:PCG), is a combined natural gas and
electric utility serving more than 16 million people across 70,000
square miles in Northern and Central California. For more
information, visit pge.com and pge.com/news.
Media ContactsWyatt SemanekDirector, Corporate
Investor & Analyst ContactPatrick
JobinSenior Vice President, Finance &
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