Sunrun Partners With Fresno Housing To Create Solar Installation For Renters
22 Junho 2023 - 4:05PM
Fresno Housing, in partnership with Sunrun (Nasdaq: RUN), the
nation’s leading home solar, battery storage, and solar
energy-as-a-service provider, held a ribbon-cutting ceremony to
celebrate a new solar installation at Blossom Trail Commons, an
affordable housing community in Sanger, California. The project,
which is located in a CalEnviroScreen disadvantaged community,
provides solar energy to 48 homes and saves each family an average
of $70 per month on their electricity bills through the use of
virtual net metering.
The project is the work of a powerful partnership with a public
housing authority, resulting in the first Solar on Multifamily
Affordable Housing (SOMAH) program on public housing. Together with
Sunrun, Fresno Housing is setting a precedent for other public
housing authorities across the state to implement similar solar
programs.
“Sunrun is committed to accelerating energy equality and
expanding access to affordable solar power for everyone," said Mary
Powell, CEO at Sunrun. “As unpredictable energy costs continue to
strain monthly budgets, we are proud to provide families at Blossom
Trail Commons with meaningful cost savings and long-term
stability.”
“We believe solar energy should be accessible to everyone. We
are grateful for this partnership which provides energy benefits to
our Fresno Housing families. We know many families are struggling
with increased costs of rent, food, and essential items, and we are
hoping the installation of solar will provide relief and empower
our residents to thrive,” said Tyrone Roderick Williams, CEO at
Fresno Housing.
“We take immense pride in delivering substantial monthly bill
savings to thousands of families through our multifamily solar
installations through the use of virtual net metering,” said Scott
Sarem, VP Multifamily & Head of LMI at Sunrun. “Our
collaboration with Fresno Housing and SOMAH not only reinforces our
commitment to accessible solar energy, but also propels us closer
to ensuring solar power is available to all, regardless of
income.”
“For many people, $70 a month is a lot of money,” said Sanger
Mayor Frank Gonzalez. “It brings them hope.”
In 2018, Sunrun committed to developing 100 megawatts of solar
on affordable multifamily housing in California by 2030 via the
state SOMAH program. Additionally, in 2021, Sunrun pledged to bring
at least 500 megawatts of low-income solar to people across the
country by 2030. These efforts will bring the many benefits of
rooftop solar to hundreds of thousands of residents. Sunrun
currently has 150 active multifamily projects comprising more than
11,100 households.
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 Fresno HousingFresno Housing serves over
50,000 residents from 17 municipalities in Fresno County. Since
2010 the Agency has self-developed over 2,100 new multi-family
units and renovated over 650 units. The Agency manages and owns
over 80 multi-family housing developments throughout Fresno County.
Fresno Housing provides a wide range of affordable housing options,
including public housing, workforce housing, farm labor housing,
and Housing Choice Vouchers. Fresno Housing works to create vibrant
communities, build quality-affordable housing, and empower nearly
50,000 residents to achieve their goals. For more information,
follow us on social media @fresnohousing, or visit
www.fresnohousing.org.
Media ContactWyatt SemanekDirector, Corporate
Communicationspress@sunrun.com
Investor & Analyst ContactPatrick
JobinSenior Vice President, Finance &
IRinvestors@sunrun.com
Photos accompanying this announcement are available
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/e6e6f059-e07a-42db-9129-a44adb08eedahttps://www.globenewswire.com/NewsRoom/AttachmentNg/074d23d5-3ec6-4129-b09f-dc9d2a195ee4
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