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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Sunrun, Tesla Unveil Home Energy Plan To Boost Backup Power

RUN Sunrun Tesla Inc. Texas
Sunrun,Editorial.,Illustrative,Photo,For,News,About,Sunrun,-,An

Sunrun Inc. (NASDAQ:RUN) on Thursday unveiled a new home energy plan in collaboration with Tesla, Inc.’s (NASDAQ:TSLA) Tesla Electric, aimed at maximizing solar output, battery backup and grid independence for Texas residents enrolled in Sunrun Flex.

Both companies are offering what they claim to be a low, fixed-rate power plan with sell back credits for excess solar generation, simplifying an often-confusing Texas market.

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