Sunrun Expects Residential Solar Growth to Slow This Year

  • Installations to grow 40% this year after rising 76% in 2015
  • Sunrun exited Nevada as state imposed new fees on solar roofs
Lock
This article is for subscribers only.

Sunrun Inc., a residential solar power provider, expects growth to slow this year, in part because it has halted operations in Nevada.

The company plans to install 285 megawatts of solar systems this year, a 40 percent increase over 2015, San Francisco-based Sunrun said in a statementBloomberg Terminal Thursday. That’s down from the 76 percent growth in installations last year.