Climate Changed

Sunrun Overtakes Tesla's SolarCity as Top Home Lease Provider

Photographer: James MacDonald/Bloomberg
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Sunrun Inc. became the top residential solar leasing provider in the third quarter as rivals including Tesla Inc.’s SolarCity shifted their focus to cash sales.

Sunrun installed 80 megawatts through residential leases and other financing arrangements in the quarter, while SolarCity topped out at 59 megawatts, according to a report Wednesday from GTM Research.