Sunrun’s Average Contract Life (2020-2021)
You need Pro Plan to access KPI data.
Get 60% off on Pro
- KPI data & segment financials on US stocks
- Financial data on thousands of stocks
- Download data in xlsx and csv formats
Discount ends in:
00
Days
00
Hours
00
Mins.
00
Seconds
About
This statistic highlights Sunrun’s Average Contract Life, reported annually starting with the year 2020.
More information
Contact the Analyst
Become a smarter investor today.
Access Business Quant for as low as $19/month
Become a smarter investor today.
Access KPIs & Segment Financials on US stocks
This statistic highlights Sunrun’s Average Contract Life, reported annually starting with the year 2020.
Sunrun is an American public company. Sunrun was founded in 2007 by Lynn Jurich, Ed Fenster, and Nat Kreamer. The enterprise is based in San Francisco, California, United States. According to the research of 2020, the organization has 8,500 working employees. In the United States, the company designs develop, installs, sells, owns, and services home solar systems. Compared to standard electricity, it generally provides clean solar energy at a lower cost. The majority of their customers are homeowners. In some markets, they also provide battery and solar storage systems to customers and sell services to commercial developers through their multifamily and new home offerings.
Average Contract Life
For customer agreements that charge a flat price per kilowatt-hour and where the organization’s obligation is to supply electricity from the solar system, revenue is recognized based on the actual amount of electricity produced under the solar system. The rate specified in the contract. Client agreements typically have an initial term of 20 or 25 years. After the initial contract term, customer agreements are typically automatically renewed on an annual basis.
Average Contract Life is calculated by dividing the total number of committed years in contracts by the total number of contracts. For example, if a company has 3 contracts of 2 years, 5 years and 8 years each, the average contract life of that company would be 15 divided by 3, giving a figure of 5 years.
Sunrun’s Average Contract Life
| Category | 2020 |
| Average Contract Life | 17 |
(All the figures are in the years)
The table shows that the average contract life for Sunrun Incorporation in the year 2020 was 17 years.
Sunrun Incorporation is one of the best company the providers of residential solar panels and home batteries globally. Sunrun is a suitable and practical choice for customers who want to save energy costs quickly and easily with solar rental.
Revenue from Customer Agreements and Incentives primarily consists of revenue from Customer Agreements in which the Company provides ongoing access to a working solar power system and revenue from the sale of SREC generated by the Company’s solar power system in one third.
The entity recognizes revenue from the customer contract when the business license (PTO) is granted by the local utility or on the day the day-to-day operations begin if the utility approval is not required. Revenue recognition is not necessarily followed by receipt of money. For Customer Contracts, there is a flat fee per month which entitles the customer to use all the electricity produced by the system and the Company’s obligation to provide continuous access to the solar system. The Company recognizes revenue evenly over time and meets its performance obligations.
About Sunrun Inc
More data on US Stocks
All articles loaded
No more articles to load
Our Plans
Always know what you’ll pay. No hidden costs or surprises.
- Annual
- Monthly
60% discount until May 31
Pro
For serious investing
-
Granular KPI data Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Examples include financials by segment / region / product category, AT&T's broadband subscriber trends, Tesla's deliveries by model and lots more.
-
Stock research tools Features include : Stock screener, Stock comparison, sector financials, stock warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
-
Industry data & tools Access premium operating data on 40+ industries. Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$49
$19
per month*
Enterprise
For tailored workflows
-
All of Pro plan Get unfettered access to all our dashboards and dossiers.
-
Custom built features Get tailored dashboards built specially for you , based on your set of requirements, to simplify your research workflow.
$99
per month, onwards*
* Billed annually, local taxes extra.
60% discount on Annual plan
Pro
For serious investing
-
Granular KPI data Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Examples include financials by segment / region / product category, AT&T's broadband subscriber trends, Tesla's deliveries by model and lots more.
-
Stock research tools Features include : Stock screener, Stock comparison, sector financials, stock warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
-
Industry data & tools Access premium operating data on 40+ industries. Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$49
per month*
Enterprise
For tailored workflows
-
All of Pro plan Get unfettered access to all our features.
-
Custom built features Get tailored dashboards built specially for you , based on your set of requirements, to simplify your research workflow.
$99
per month, onwards*
* Local taxes extra.
