Leases & PPAs

Overview

Green Button Data (GBD) is required for ALL Sunrun deals in the PG&E territory. Unlike other utility companies, PG&E does not include the annual kwh graph broken down by months. Through GBD, the homeowner can allow a third party to have access to this information.

Check out this PGE Green Button Data Walkthrough Video 

Process

1. On PGE’s website, have the homeowner log in to their account.
   1. If they don’t remember their sign-in information, they’ll need to use the Forgot Username or Password steps (which we won’t detail here, just have them follow the instructions).
2. Select Energy Usage Details 
3. Select Download My Data
   1. Select the dropdown on the top right and choose Energy Usage Details. Then, there will be a “Green Button Download my data” option underneath the chart.
4. Export Date Range “Today-12 months ago”
   1. Choose the range of dates that satisfy Sunrun’s 12-month kWh usage requirement. Usually, that will be from today to 12 months ago. The export Format should be CSV, which can be opened in Excel or Google Sheets. Save it and share it with Sunrun and you’re good to go!
5.  

Everbright Overview

• • Partner Support – chat, email, or call us at 877-465-2496 

    • Monday – Friday from 6:00am - 8:00pm PST  

    • Weekends, Saturday – Sunday from 8:00am - 4:00pm PST 

    Credit and Title inquiries – 833-830-0475, and select Option 2 

    • Monday – Friday from 9:00am - 5:00pm EST  

    Homeowner Welcome Calls - 833-830-0475, and select Option 1  

    • Available 7 days a week from 6:00am - 8:00pm PST 

    Homeowner Support – chat, email, or call us at 877-425-5201  

    • Option 1: Billing and account management: Weekdays 5:00am – 5:00pm PST 

    • Option 2: System issues and maintenance: Weekdays 7:00am – 5:00pm PST 

    • Option 3: All other requests: 7 days a week 6:00am – 8:00pm PST 

Everbright Approved Properties

• Owner-occupied primary or secondary homes
• Single-family residences
• Duplex
• Condos & Townhomes
• Ground mounts

EverBright Finance Product Chart

Overview

A Power Purchase Agreement (PPA) is an option with no ownership involved for the customer. They are leasing the system from an outside company and will be able to have a PV system installed at no upfront cost to them. Sunrun will lock the homeowner in for a set kwh rate for all of their electricity that is generated by the PV system. They will always save money as long as the PPA rate is lower than what the homeowner currently pays the utility.

The rate will have options for an annual escalator increase of 0% - 2.9%. The warranties and maintenance are fully backed by Sunrun.

For more information about PPA options ESP offers, please reach out to your ESP Account Executive.

Tax Credit: Homeowner is not eligible because Sunrun maintains ownership of the system throughout the term, and is responsible for keeping the system working to its fullest ability.

Each month, the homeowner will pay for the power produced by the system - not how much power is consumed. The Finance Company will charge the homeowner a fixed kilowatt-per-hour rate for all the power produced by the system. Each year this kilowatt-hour rate will increase by 0% - 2.9%. 

Monitoring & Warranty: Sunrun’s warranty and customer service are available to the customer for the life of their system.

Pearl Certification & Service: Service Plans are not offered for Lease/PPA options. Pearl Certification does not apply because the homeowner does not own the system.

Pros and Cons of PPAs

• A good option for those unable to claim any tax credit (fixed income) because Sunrun claims the tax credit and passes along the savings. The homeowner can switch to cheaper clean power for no upfront cost and no liability besides simply paying the bill.
• Does not show up as debt on their credit report, just the one initial credit check.
• The system is fully maintained and monitored by Sunrun, so if anything goes wrong with the system the finance company is responsible to fix it at no cost to the homeowners.
• The homeowner doesn’t get to own the system and add equity to their home. Although the agreement is completely transferable in a home sale, the homeowner does not get the added benefit of Pearl Certification to add the value of the system to their home since it isn’t their asset. 
• The homeowner can buy out the solar system, but often it’s on less favorable terms than a loan or cash purchase.

Sunrun Overview

• Sunrun Caps
  • Solar Only PPW Cap: $8.00
  • Solar + Roof and/or Battery PPW Cap: $12.50 
  • Max System Size: 30 kW 
  • Min System Size: 2 kW
• Sunrun Allowable Adders 
  
  • N/A
• Sunrun Credit Requirements 
  
  • 650 Min Fico Score
• Sunrun Application Requirements
  • Customer must be on the title of the loan
• Sunrun Property Requirements
  • Owner-occupied primary or secondary homes
  • Must own and maintain the roof
  • Validate with condo HOA
  • Must have a solid foundation
• Sunrun Approved Properties
  
  • Single-family residences
  • Duplex
  • Townhomes
  • Ground mounts

Sunrun FAQ

• • No vacation properties

How to Run Credit in Sunrun

Sunrun Change Orders

• Changes to the loan price and terms can be done by a Sales Representative through the Sunlight portal. Please note we can not process Change Orders 5 or fewer days before installation. 
• If you are unable to make a change order through the partner portal, please call or chat into ESP sales support
• All changes to personal information can only be changed by contacting the Sunlight Partner Phone Support line.