<SEC-DOCUMENT>0001193125-21-015414.txt : 20210125
<SEC-HEADER>0001193125-21-015414.hdr.sgml : 20210125
<ACCEPTANCE-DATETIME>20210125071154
ACCESSION NUMBER:		0001193125-21-015414
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20210125
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20210125
DATE AS OF CHANGE:		20210125

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sunrun Inc.
		CENTRAL INDEX KEY:			0001469367
		STANDARD INDUSTRIAL CLASSIFICATION:	HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES [3430]
		IRS NUMBER:				262841711
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37511
		FILM NUMBER:		21547828

	BUSINESS ADDRESS:	
		STREET 1:		225 BUSH STREET, SUITE 1400
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104
		BUSINESS PHONE:		415-580-6900

	MAIL ADDRESS:	
		STREET 1:		225 BUSH STREET, SUITE 1400
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SunRun Inc.
		DATE OF NAME CHANGE:	20090730
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d116482d8k.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8" ?>
<html xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:us-types="http://fasb.org/us-types/2019-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:run="http://www.sunrun.com/20210125" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:sic="http://xbrl.sec.gov/sic/2011-01-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>8-K</title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
   <body>
 <div style="display:none"> <ix:header> <ix:hidden> <ix:nonNumeric name="dei:AmendmentFlag" contextRef="duration_2021-01-25_to_2021-01-25">false</ix:nonNumeric> <ix:nonNumeric id="Hidden_dei_EntityCentralIndexKey" name="dei:EntityCentralIndexKey" contextRef="duration_2021-01-25_to_2021-01-25">0001469367</ix:nonNumeric> </ix:hidden> <ix:references> <link:schemaRef xlink:type="simple" xlink:href="run-20210125.xsd" xlink:arcrole="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase"></link:schemaRef> </ix:references> <ix:resources> <xbrli:context id="duration_2021-01-25_to_2021-01-25"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001469367</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-01-25</xbrli:startDate> <xbrli:endDate>2021-01-25</xbrli:endDate> </xbrli:period> </xbrli:context> </ix:resources> </ix:header> </div> <div style="text-align:center"> <div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto"> <p style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</p> <p style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</p> <p style="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">UNITED STATES</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">SECURITIES AND EXCHANGE COMMISSION</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">WASHINGTON, D.C. 20549</p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">FORM <ix:nonNumeric name="dei:DocumentType" contextRef="duration_2021-01-25_to_2021-01-25">8-K</ix:nonNumeric></p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">CURRENT REPORT</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">Pursuant to Section 13 or 15(d)</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">of The Securities Exchange Act of 1934</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">Date of Report (Date of earliest event reported) <ix:nonNumeric name="dei:DocumentPeriodEndDate" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt:datemonthdayyearen">January 25, 2021</ix:nonNumeric></p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityRegistrantName" contextRef="duration_2021-01-25_to_2021-01-25">Sunrun Inc.</ix:nonNumeric></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Exact name of registrant as specified in Its charter)</p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:8pt;width:100%;border:0;margin:0 auto">
<tr>
<td style="width:34%"></td>
<td style="vertical-align:bottom"></td>
<td style="width:32%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:32%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:stateprovnameen">Delaware</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityFileNumber" contextRef="duration_2021-01-25_to_2021-01-25">001-37511</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" contextRef="duration_2021-01-25_to_2021-01-25">26-2841711</ix:nonNumeric></span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style=" text-align: center;margin:auto; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(State or other jurisdiction</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">of incorporation)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Commission</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">File Number)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(IRS Employer</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Identification No.)</p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityAddressAddressLine1" contextRef="duration_2021-01-25_to_2021-01-25">225 Bush Street</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressAddressLine2" contextRef="duration_2021-01-25_to_2021-01-25">Suite 1400</ix:nonNumeric></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="duration_2021-01-25_to_2021-01-25">San Francisco</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressStateOrProvince" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:stateprovnameen">California</ix:nonNumeric> <ix:nonNumeric name="dei:EntityAddressPostalZipCode" contextRef="duration_2021-01-25_to_2021-01-25">94104</ix:nonNumeric></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Address of principal executive offices, including zip code)</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:CityAreaCode" contextRef="duration_2021-01-25_to_2021-01-25">(415)</ix:nonNumeric> <ix:nonNumeric name="dei:LocalPhoneNumber" contextRef="duration_2021-01-25_to_2021-01-25">580-6900</ix:nonNumeric></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Registrant&#8217;s telephone number, including area code)</p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:WrittenCommunications" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:SolicitingMaterial" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:PreCommencementTenderOffer" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14d-2(b))</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities registered pursuant to Section 12(b) of the Act:</p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:8pt;width:100%;border:0;margin:0 auto">
<tr>
<td style="width:34%"></td>
<td style="vertical-align:bottom"></td>
<td style="width:32%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:32%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Title of each class</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Trading</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Symbol(s)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Name of each exchange</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">on which registered</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2021-01-25_to_2021-01-25">Common Stock, par value $0.0001 per share</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2021-01-25_to_2021-01-25">RUN</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:exchnameen">Nasdaq Global Select Market</ix:nonNumeric></span></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;&#160;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;&#160;240.12b-2 of this chapter).</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Emerging growth company&#160;&#160;<ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="duration_2021-01-25_to_2021-01-25" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160;&#9744;</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <p style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</p> <p style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</p></div></div>

<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%" />


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;1.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Entry into a Material Definitive Agreement. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On January 25, 2021, Sunrun Inc. (the &#8220;Company&#8221;) entered into an amendment (the &#8220;Amendment&#8221;) to that certain Second Amended and Restated Credit Agreement, dated as of October&#160;5, 2020, by and among the Company and the other parties thereto, in order to permit, among other things, the Company&#8217;s issuance of the Notes (as defined below) in the Offering (as defined below) and entry into related capped call transactions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which will be filed as an exhibit to the Company&#8217;s next periodic report. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;2.02</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Results of Operations and Financial Condition. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On January 25, 2021, the Company issued a press release reporting certain preliminary financial and operating results for the fourth quarter of, and the year ended, December&#160;31, 2020. A copy of the press release is furnished herewith as Exhibit 99.1. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;8.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Other Events. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On January 25, 2021, the Company issued a press release announcing the Company&#8217;s proposed private offering of $350.0&#160;million aggregate principal amount of convertible senior notes due 2026 (the &#8220;Notes&#8221;) pursuant to Rule 144A under the Securities Act of 1933, as amended (the &#8220;Offering&#8221;). A copy of the press release is filed as Exhibit 99.2 hereto and is incorporated herein by reference. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preliminary offering circular for the Offering includes updated risk factors. The updated risk factors disclosure is filed as Exhibit 99.3 hereto and is incorporated herein by reference. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;9.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Financial Statements and Exhibits. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top" align="left"><span style="font-weight:bold"><span style="font-style:italic">(d)</span></span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left"><span style="font-style:italic">Exhibits. </span></p></td></tr></table> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border:0;margin:0 auto">


<tr>

<td></td>

<td style="vertical-align:bottom;width:5%"></td>
<td style="width:92%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap" align="center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;text-align:center">Exhibit</p> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:inline-block; font-size:8pt; font-family:Times New Roman;text-align:center">&#160;&#160;&#160;&#160;No.&#160;&#160;&#160;&#160;</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap" align="center"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:inline-block; font-size:8pt; font-family:Times New Roman;text-align:center">Description</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">99.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d116482dex991.htm">Press release issued by Sunrun Inc. dated January 25, 2021, announcing preliminary financial and operating results for the fourth quarter and year ended December&#160;31, 2020. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">99.2</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d116482dex992.htm">Press release issued by Sunrun Inc. dated January 25, 2021, announcing proposed private offering of $350&#160;million of convertible senior notes. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">99.3</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d116482dex993.htm">Updated Risk Factors. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">104</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Cover Page Interactive Data File (embedded within the Inline XBRL document).</td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">2 </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%" />


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">SIGNATURES </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p><div>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:40%;border:0;margin-left:auto">


<tr>

<td style="width:7%"></td>

<td style="vertical-align:bottom;width:1%"></td>
<td style="width:92%"></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top" colspan="3"><span style="font-weight:bold">SUNRUN INC.</span></td></tr>
<tr style="font-size:1pt">
<td style="height:12pt"></td>
<td style="height:12pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">By:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jeanna Steele</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">Jeanna Steele</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">General Counsel</td></tr>
</table></div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: January 25, 2021 </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">3 </p>

</div></div>

</body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d116482dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g116482g0125092433657.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Sunrun Announces Preliminary Fourth Quarter 2020 Results </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">SAN FRANCISCO, January&nbsp;25, 2021 &#151; Sunrun (Nasdaq: RUN), the nation&#146;s leading provider of residential solar, storage and energy services, today
announced select, preliminary and unaudited financial results and operating metrics for the fourth quarter ended December&nbsp;31, 2020. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">In the fourth quarter of 2020, Megawatts Deployed (MW) were approximately 171.6 MW, a 10% sequential increase
from the third quarter of 2020, <FONT STYLE="white-space:nowrap">pro-forma</FONT> to give effect to Sunrun&#146;s acquisition of Vivint Solar which closed on October&nbsp;8, 2020. This reflects the deployments for approximately 23,500 customers in
the period, resulting in total Customers of more than 550,000 as of December&nbsp;31, 2020. Cumulative Megawatts Deployed were 3,885 MW as of December&nbsp;31, 2020, <FONT STYLE="white-space:nowrap">pro-forma</FONT> to give effect to Sunrun&#146;s
acquisition of Vivint Solar. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Gross Earning Assets as of December&nbsp;31, 2020 were $6,923&nbsp;million. Gross Earnings Assets were
calculated using a 6% unlevered discount rate. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Net Earning Assets, which is Gross Earning Assets less adjusted project level debt and pass-through financing
obligations, was $2,900&nbsp;million as of December&nbsp;31, 2020. Adjusted project level debt and pass-through financing obligations used to calculate Net Earning Assets was $4,023&nbsp;million. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Cash, including restricted cash, was $708&nbsp;million as of December&nbsp;31, 2020. Recourse debt was
$230.7&nbsp;million, and an additional $60.0&nbsp;million was recourse solely to Vivint Solar, Inc. and certain of its subsidiaries, as of December&nbsp;31, 2020. Total debt, including recourse debt,
<FONT STYLE="white-space:nowrap">non-recourse</FONT> debt and financing obligations was $5.1&nbsp;billion as of December&nbsp;31, 2020. In the fourth quarter of 2020, transaction costs related to the acquisition of Vivint Solar, paid by either
Vivint Solar or the company, were estimated to be in a range of $60&nbsp;million to $70&nbsp;million. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The company anticipates releasing
fourth quarter 2020 earnings on or about February&nbsp;25, 2021 and will host a conference call for investors and financial analysts that afternoon. The final date and details of the conference call will be posted to Sunrun&#146;s Investor Relations
website at investors.sunrun.com. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Although the preliminary and unaudited financial results and operating metrics presented above have been prepared in
good faith on a consistent basis with prior periods, these preliminary estimates are based solely upon information available to management as of the date of this press release. The company has not completed its financial closing procedures for the
three months and year ended December&nbsp;31, 2020, and its actual results could vary materially from these preliminary estimates. In addition, the company&#146;s independent registered public accounting firm has not audited or reviewed this
information or completed its audit procedures for the three months and year ended December&nbsp;31, 2020 and does not express an opinion or any other form of assurance with respect to these preliminary estimates. During the course of the preparation
of the company&#146;s consolidated financial statements and related notes as of and for the year ended December&nbsp;31, 2020, the company and its auditors may identify items that would require the company to make material adjustments to the
preliminary estimates presented above. As a result, investors should exercise caution in relying on this information and should not draw any inferences from this information regarding financial or operating data not provided. These preliminary and
unaudited financial results and operating metrics should not be viewed as a substitute for full financial statements prepared in accordance with GAAP. In addition, these preliminary and unaudited financial results and operating metrics are not
necessarily indicative of the results to be achieved in any future period. Investors are cautioned not to place undue reliance on such preliminary estimates. Investors should read the company&#146;s consolidated financial statements for the year
ended December&nbsp;31, 2020 once they become available. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Sunrun </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Sunrun Inc. (Nasdaq: RUN) is the nation&#146;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&#146;s innovative home battery solution, Brightbox, brings 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 <U>www.sunrun.com</U>. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward Looking Statements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press release contains
forward-looking statements within the meaning of Section&nbsp;21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, including statements regarding our market leadership and our preliminary and unaudited
financial results and operating metrics as of and for the three months ended December&nbsp;31, 2020. These statements are not guarantees of future performance; they reflect our current views with respect to future events and are based on assumptions
and estimates and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from expectations or results projected or implied by forward-looking
statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to: the availability of additional financing on acceptable
terms; changes in the retail prices of traditional utility generated electricity; the impact of <FONT STYLE="white-space:nowrap">COVID-19</FONT> on Sunrun and its business and operations; worldwide economic conditions, including slow or negative
growth rates in global and domestic economies and weakened consumer confidence and spending; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other
incentives; the availability of solar panels and other raw materials; our limited operating history; our ability to attract and retain our relationships with third parties, including our solar partners; our ability to successfully integrate with
Vivint Solar and realize the anticipated benefits related to our acquisition of Vivint Solar; our ability to meet the covenants in our investment funds and debt facilities; our continued ability to manage costs associated with solar service
offerings, our business plan and our ability to effectively manage our growth and labor constraints, and such other risks identified in the reports that we file with the U.S. Securities and Exchange Commission, or SEC, from time to time. All
forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Definitions </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Customers </B>represent the aggregate
number of solar system installations, whether sold directly to individuals or subject to executed Customer Agreements, that have been recognized as Megawatts Deployed. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Customer Agreements </B>refers to, collectively, solar power purchase agreements and solar leases. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Gross Earning Assets </B>represent the remaining net cash flows (discounted at 6%) we expect to receive during the initial term of our Customer Agreements
(typically 20 or 25 years) for systems that have been deployed as of the measurement date, plus a discounted estimate of the value of the Customer Agreement renewal term or solar energy system purchase at the end of the initial term. Gross Earning
Assets deducts estimated cash distributions to investors in consolidated joint ventures and estimated operating, maintenance and administrative expenses for systems deployed as of the measurement date. In calculating Gross Earning Assets, we deduct
estimated cash distributions to our project equity financing providers. In calculating Gross Earning Assets, we do not deduct customer payments we are obligated to pass through to investors in pass-through financing obligations as these amounts are
reflected on our balance sheet as long-term and short-term pass-through financing obligations, similar to the way that debt obligations are presented. In determining our finance strategy, we use pass-through financing obligations and long-term debt
in an equivalent fashion as the schedule of payments of distributions to pass-through financing investors is more similar to the payment of interest </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
to lenders than the internal rates of return (IRRs) paid to investors in other tax equity structures. We calculate the Gross Earning Assets value of the purchase or renewal amount at the
expiration of the initial contract term assuming either a system purchase or a five year renewal (for our <FONT STYLE="white-space:nowrap">25-year</FONT> Customer Agreements) or a <FONT STYLE="white-space:nowrap">10-year</FONT> renewal (for our <FONT
STYLE="white-space:nowrap">20-year</FONT> Customer Agreements), in each case forecasting only a <FONT STYLE="white-space:nowrap">30-year</FONT> customer relationship (although the customer may renew for additional years, or purchase the system), at
a contract rate equal to 90% of the customer&#146;s contractual rate in effect at the end of the initial contract term. After the initial contract term, our Customer Agreements typically automatically renew on an annual basis and the rate is
initially set at up to a 10% discount to then-prevailing power prices. Gross Earning Assets Under Energy Contract represents the remaining net cash flows during the initial term of our Customer Agreements (less substantially all value from SRECs
prior to July&nbsp;1, 2015), for systems deployed as of the measurement date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Megawatts Deployed</B> represents the aggregate megawatt production
capacity of our solar energy systems, whether sold directly to customers or subject to executed Customer Agreements (i)&nbsp;for which we have confirmation that the systems are installed on the roof, subject to final inspection, (ii)&nbsp;in the
case of certain system installations by our partners, for which we have accrued at least 80% of the expected project cost, or (iii)&nbsp;for multi-family and any other systems that have reached NTP, measured on the percentage of the project that has
been completed based on expected project cost. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Net Earning Assets</B> represents Gross Earning Assets less both project level debt and pass-through
financing obligations, as of the same measurement date. Because estimated cash distributions to our project equity financing partners are deducted from Gross Earning Assets, a proportional share of the corresponding project level debt is deducted
from Net Earning Assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>NTP </B>or<B> Notice to Proceed</B> refers to our internal confirmation that a solar energy system has met our installation
requirements for size, equipment and design. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investor&nbsp;&amp; Analyst Contact: </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Patrick Jobin </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Senior Vice President, Finance&nbsp;&amp; IR </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">investors@sunrun.com </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(415)
<FONT STYLE="white-space:nowrap">373-5206</FONT> </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>d116482dex992.htm
<DESCRIPTION>EX-99.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Sunrun Inc. Announces Proposed Private Offering of $350 Million of Convertible Senior Notes </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>SAN FRANCISCO, Calif.</B> &#151; (BUSINESS WIRE) &#151; January&nbsp;25, 2021 &#151; Sunrun Inc. (Nasdaq: RUN) (&#147;Sunrun&#148;) today announced that it
intends to offer, subject to market conditions and other factors,&nbsp;$350 million&nbsp;aggregate principal amount of convertible senior notes due 2026 (the &#147;notes&#148;) in a private placement to qualified institutional buyers pursuant to
Rule 144A under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;). Sunrun also intends to grant the initial purchasers of the notes the option to purchase up to an additional $50&nbsp;million aggregate principal amount of the
notes within a <FONT STYLE="white-space:nowrap">13-day</FONT> period beginning on, and including, the date on which the notes are first issued. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The notes
will be senior, unsecured obligations of Sunrun and will accrue interest payable semiannually in arrears on February&nbsp;1 and August&nbsp;1 of each year, beginning on August&nbsp;1, 2021. The notes will mature on February&nbsp;1, 2026, unless
earlier converted, redeemed or repurchased. The notes will be convertible into cash, shares of Sunrun&#146;s common stock or a combination of cash and shares of Sunrun&#146;s common stock, at Sunrun&#146;s election. The interest rate, initial
conversion rate and other terms of the notes will be determined at the time of pricing of the offering. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Sunrun intends to use a portion of the net
proceeds from the offering to pay the cost of the capped call transactions described below. Sunrun intends to use the remainder of the net proceeds to repay outstanding debt and for other general corporate purposes, which may include working
capital, capital expenditures, and potential acquisitions and future strategic transactions. However, it has not designated any specific uses and has no definitive agreements with respect to any material acquisition or strategic transaction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In connection with the pricing of the notes, Sunrun expects to enter into capped call transactions (the &#147;capped call transactions&#148;) with one or more
of the initial purchasers and/or their respective affiliates and/or other financial institutions (the &#147;option counterparties&#148;). The capped call transactions are expected generally to reduce or offset potential dilution to Sunrun&#146;s
common stock upon any conversion of notes and/or offset any cash payments Sunrun is required to make in excess of the principal amount of converted notes, as the case may be, with such reduction and/or offset subject to a cap. If the initial
purchasers exercise their option to purchase additional notes, Sunrun expects to enter into additional capped call transactions with the option counterparties. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In connection with establishing their initial hedge of the capped call transactions, the option counterparties or their respective affiliates may purchase
shares of Sunrun&#146;s common stock and/or enter into various derivative transactions with respect to Sunrun&#146;s common stock concurrently with or shortly after the pricing of the notes. These activities could increase (or reduce the size of any
decrease in) the market price of Sunrun&#146;s common stock or the notes at that time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In addition, the option counterparties or their respective
affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Sunrun&#146;s common stock and/or purchasing or selling Sunrun&#146;s common stock or other securities of Sunrun in secondary market
transactions following the pricing of the notes and prior to the maturity of the notes (and (x)&nbsp;are likely to do so during the observation period for conversions of notes following November&nbsp;1, 2025 and (y)&nbsp;may do so following any
repurchase of notes by Sunrun in connection with any fundamental change repurchase or otherwise). This activity could also cause or avoid an increase or a decrease in the market </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
price of Sunrun&#146;s common stock or the notes, which could affect the ability of noteholders to convert the notes and, to the extent the activity occurs during any observation period related
to a conversion of notes, it could affect the number of shares and value of the consideration that a noteholder will receive upon conversion of its notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Neither the notes, nor any shares of Sunrun&#146;s common stock issuable upon conversion of the notes, have been, nor will be, registered under the Securities
Act or any state securities laws and, unless so registered, such securities may not be offered or sold in&nbsp;the United States&nbsp;absent registration or an applicable exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and other applicable securities laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press release is neither an offer to sell nor a solicitation of an offer to
buy any securities, nor shall it constitute an offer, solicitation or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any
such jurisdiction. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Contacts </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Investor&nbsp;&amp;
Analyst Contact: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Patrick Jobin </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Senior Vice President,
Finance&nbsp;&amp; Investor Relations </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>investors@sunrun.com </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(415) <FONT STYLE="white-space:nowrap">373-5206</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Media
Contact: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Wyatt Semanek </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Public Relations Manager </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>press@sunrun.com </U></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(480)
<FONT STYLE="white-space:nowrap">751-9286</FONT> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-2- </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>d116482dex993.htm
<DESCRIPTION>EX-99.3
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.3</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.3 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RISK FACTORS </B></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Selected
Risks Affecting Our Business </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Selected Risks Related to the Impacts of COVID-19 </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The COVID-19 pandemic has had and could continue to have an adverse impact on our business, operations and the
markets and communities in which we operate. Efforts to mitigate or contain the pandemic and the resulting weakened economic conditions may disrupt and adversely affect our business. </P></TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Selected Risks Related to the Solar Industry </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The solar energy industry is an emerging market which is constantly evolving and may not develop to the size or
at the rate we expect. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">We have historically benefited from declining costs in our industry, and our business and financial results may
be harmed not only as a result of any increases in costs associated with our solar service offerings but also any failure of these costs to continue to decline as we currently expect. If we do not reduce our cost structure in the future, our ability
to continue to be profitable may be impaired. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">We face competition from traditional energy companies as well as solar and other renewable energy companies.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Selected Risks Related to Our Operating Structure and Financing Activities </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">We need to raise capital to finance the continued growth of our operations and solar service business. If capital
is not available to us on acceptable terms, as and when needed, our business and prospects would be materially and adversely impacted. In addition, our business is affected by general economic conditions and related uncertainties affecting markets
in which we operate. Volatility in current economic conditions could adversely impact our business, including our ability to raise financing. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Rising interest rates would adversely impact our business. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">We expect to incur substantially more debt in the future, which could intensify the risks to our business.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Selected Risks Related to Regulation and Policy </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">We rely on net metering and related policies to offer competitive pricing to customers in all of our current
markets, and changes to such policies may significantly reduce demand for electricity from our solar service offerings. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Electric utility statutes and regulations and changes to such statutes or regulations may present technical,
regulatory and economic barriers to the purchase and use of our solar service offerings that may significantly reduce demand for such offerings. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Regulations and policies related to rate design could deter potential customers from purchasing our solar service
offerings, reduce the value of the electricity our systems produce, and reduce any savings that our customers could realize from our solar service offerings. </P></TD></TR></TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Selected Risks Related to Our Business Operations </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Our growth depends in part on the success of our relationships with third parties, including our solar partners.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">We and our solar partners depend on a limited number of suppliers of solar panels, batteries, and other system
components to adequately meet anticipated demand for our solar service offerings. Any shortage, delay or component price change from these suppliers, or the acquisition of any of these suppliers by a competitor, could result in sales and
installation delays, cancellations and loss of market share. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Our results of operations may fluctuate from quarter to quarter, which could make our future performance
difficult to predict and could cause our results of operations for a particular period to fall below expectations, resulting in a decline in the price of our common stock. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Our actual financial results may differ materially from any guidance we may publish from time to time.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Selected Risks Related to Taxes and Accounting </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Our ability to provide our solar service offerings to customers on an economically viable basis depends in part
on our ability to finance these systems with fund investors who seek particular tax and other benefits. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">If the Internal Revenue Service makes determinations that the fair market value of our solar energy systems is
materially lower than what we have claimed, we may have to pay significant amounts to our fund investors, and our business, financial condition and prospects may be materially and adversely affected. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Our business currently depends on the availability of utility rebates, tax credits and other benefits, tax
exemptions and other financial incentives. The expiration, elimination or reduction of these benefits, rebates, or incentives could adversely impact our business. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we are unable to adequately address these and other risks we face, our business may be harmed. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to the Impacts of <FONT STYLE="white-space:nowrap">COVID-19</FONT> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic has had and could continue to have an adverse impact on our business, operations and the
markets and communities in which we operate. Efforts to mitigate or contain the pandemic and the resulting weakened economic conditions may disrupt and adversely affect our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic is having an unprecedented impact on the U.S. economy and has impacted our
business and created significant uncertainties for our industry and the economy in general. As <FONT STYLE="white-space:nowrap">COVID-19</FONT> continues to spread and impact the country, effects such as the widespread growth in infections, travel
restrictions, quarantines, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">return-to-work</FONT></FONT> restrictions, government regulations, and site closures have impacted and may continue to impact our ability to staff sales and
operations centers and install and maintain solar energy systems in the field, as well as <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-home</FONT></FONT> sales activities of our Vivint Solar business. The mutation of
different strains of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> virus, potentially varying in degree of transmissibility and lethality, present further uncertainty, as does the timing, distribution, and efficacy of the <FONT
STYLE="white-space:nowrap">COVID-19</FONT> vaccines. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Due to these impacts and uncertainties, we have run multiple scenarios to stress
test our business and operations to evaluate the impact of significant reductions in demand, and restraints or regulations limiting our ability to sell and/or install our products in some or all jurisdictions in which we operate. Given these
developments and mitigation measures that restrict certain paths to market our services, we have accelerated our transition to a more digital sales-focused model and reduced the size of certain parts of our workforce, particularly in our retail
sales channels. We believe that the actions we have taken, and may continue to take in the future, to address these impacts will better position our company to manage these risks; however, we cannot ensure that the steps we have taken will be
successful and such steps may also disrupt our operations, impede our productivity, or otherwise be ineffective in a rapidly changing environment. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are further responding by taking steps to mitigate the potential risks to us posed by the
spread of <FONT STYLE="white-space:nowrap">COVID-19.</FONT> For example, we have taken extra precautions for our employees who work in the field and for employees who continue to work in our facilities, including implementing social distancing
policies, and have implemented work-from-home policies where appropriate. We have also implemented several protocols aimed at safeguarding customers. Because we provide a critical service to our customers, we believe that we must take steps aimed at
keeping our employees and customers safe and minimizing unnecessary risk of exposure to the virus. Even with the mitigation strategies we have employed, we may not be successful in limiting the spread of
<FONT STYLE="white-space:nowrap">COVID-19</FONT> among our employees or our customers, which could damage our reputation among our employee base and among our customers and materially and adversely impact our business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In an effort to curtail the spread of the disease, various state and local jurisdictions have adopted executive orders, <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">shelter-in-place</FONT></FONT> orders, quarantines, and similar government orders and restrictions on the operations of many businesses and industries. In many such jurisdictions, we have
been deemed an essential service, allowing us to continue our installation and field service operations. However, in 2020 certain jurisdictions temporarily enacted restrictions that prevented our field sales and installations, and it is possible
that other jurisdictions could enact similar restrictions or curtail the scope of currently permitted operations. Following our acquisition of Vivint Solar, the impact of these and any additional restrictive orders could have an additional material
adverse impact on our business given the importance of the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-home</FONT></FONT> sales model used by Vivint Solar. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic has also led to significant volatility in global financial markets, which could
negatively affect our cost of and access to capital and could have an adverse impact on customer demand and the financial health and credit risk associated with our customers. Future disruptions or instability in capital markets could also
negatively impact our ability to raise capital from third parties, such as tax equity partners, to grow our business. In addition, a recession or market correction resulting from the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic could
adversely affect our business and the value of our common stock. The full economic impact of the pandemic and resulting restrictive governmental orders is still not known. Our customers may face reduced income, unemployment or increased medical
bills as a result of the pandemic, which could negatively impact their ability to pay for our services and may cause potential new customers to delay or choose not to engage in a dialogue with us about our services, which may materially and
adversely impact our business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">While <FONT STYLE="white-space:nowrap">COVID-19</FONT> has not significantly impacted our supply chain to
date, we continue to monitor the situation closely and are working closely with our solar partners and suppliers to develop contingency plans for potential operations and supply chain interruptions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The global <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic continues to rapidly evolve. The ultimate impact of the pandemic is
highly uncertain and subject to change. We do not yet know the full extent of potential delays or impacts on our business, operations or the global economy as a whole. However, these effects could have a material impact on our operations. We will
continue to monitor developments affecting our workforce, our customers, and our business operations generally and will take additional actions that we determine are necessary in order to mitigate the impacts, however, any steps we take may be
inadequate and, as a result, our business may be harmed. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to the Solar Industry </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The solar energy industry is an emerging market which is constantly evolving and may not develop to the size or at the rate we expect. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The solar energy industry is an emerging and constantly evolving market opportunity. We believe the solar energy industry will still take
several years to fully develop and mature, and we cannot be certain that the market will grow to the size or at the rate we expect. For example, we have experienced increases in cancellations of our Customer Agreements in certain geographic markets
during certain periods in our operating history. Any future growth of the solar energy market and the success of our solar service offerings depend on many factors beyond our control, including recognition and acceptance of the solar service market
by consumers, the pricing of </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
alternative sources of energy, a favorable regulatory environment, the continuation of expected tax benefits and other incentives, and our ability to provide our solar service offerings
cost-effectively. If the markets for solar energy do not develop to the size or at the rate we expect, our business may be adversely affected. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Solar energy has yet to achieve broad market acceptance and depends in part on continued support in the form of rebates, tax credits and other
incentives from federal, state and local governments. If this support diminishes materially, our ability to obtain external financing on acceptable terms, or at all, could be materially adversely affected. These types of funding limitations could
lead to inadequate financing support for the anticipated growth in our business. Furthermore, growth in residential solar energy depends in part on macroeconomic conditions, retail prices of electricity and customer preferences, each of which can
change quickly. Declining macroeconomic conditions, including in the job markets and residential real estate markets, could contribute to instability and uncertainty among customers and impact their financial wherewithal, credit scores or interest
in entering into long-term contracts, even if such contracts would generate immediate and long-term savings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, market prices
of retail electricity generated by utilities or other energy sources could decline for a variety of reasons, as discussed further below. Any such declines in macroeconomic conditions, changes in retail prices of electricity or changes in customer
preferences would adversely impact our business. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We have historically benefited from declining costs in our industry, and our business and financial
results may be harmed not only as a result of any increases in costs associated with our solar service offerings but also any failure of these costs to continue to decline as we currently expect. If we do not reduce our cost structure in the future,
our ability to continue to be profitable may be impaired. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Declining costs related to raw materials, manufacturing and the sale and
installation of our solar service offerings have been a key driver in the pricing of our solar service offerings and, more broadly, customer adoption of solar energy. While historically the prices of solar panels and raw materials have declined, the
cost of solar panels and raw materials could increase in the future, and such products&#146; availability could decrease, due to a variety of factors, including restrictions stemming from the <FONT STYLE="white-space:nowrap">COVID-19</FONT>
pandemic, tariffs and trade barriers, export regulations, regulatory or contractual limitations, industry market requirements and changes in technology and industry standards. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For example, we and our solar partners purchased a significant portion of the solar panels used in our solar service offerings from overseas
manufacturers. In January 2018, in response to a petition filed under Section&nbsp;201 of the Trade Act of 1974, President Trump imposed four-year tariffs on imported solar modules and imported solar cells not assembled into other products (the
&#147;Section 201 Module Tariffs&#148;) that apply to all imports above a 2.5 gigawatts (GW) annual threshold. The Section&nbsp;201 Module Tariffs were 30% in 2018 and stepped down by 5% annually in the second, third and fourth years. In October
2020, President Trump issued a proclamation increasing the tariff from 15% to 18% for 2021, the final year under the original Sec. 201 proclamation imposing the tariffs. Additionally, President Trump authorized the U.S. Trade Representative (USTR)
to file a petition to extend the Sec. 201 tariffs, a decision on which could be made in the coming months. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The United States and China
each imposed additional new tariffs in 2018 on various products imported from the other country. These include an additional 25% tariff on solar panels and cells that are manufactured in China and a tariff on inverters, certain batteries and other
electrical equipment initially set at 10%. In May 2019, the 10% tariff was increased to 25%, and the Trump administration threatened additional incremental increases. The United States also has, from time to time, announced potential tariffs on
goods imported from other countries. We cannot predict what actions may ultimately be taken with respect to tariffs or trade relations between the United States and other countries, what products may be subject to such actions, or what actions may
be taken by the other countries in retaliation. The tariffs described above, the adoption and expansion of trade restrictions, the occurrence of a trade war, or other governmental action related to tariffs, trade agreements or related policies have
the potential to adversely impact our supply chain and access to equipment, our costs and ability to </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
economically serve certain markets. Any such cost increases or decreases in availability could slow our growth and cause our financial results and operational metrics to suffer. We cannot predict
whether and to what extent U.S. trade policies will change under the Biden administration and cannot ensure that additional tariffs or other restrictive measures will not continue or increase. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Other factors may also impact costs, such as our choice to make significant investments to drive growth in the future. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We face competition from traditional energy companies as well as solar and other renewable energy companies. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The solar energy industry is highly competitive and continually evolving as participants strive to distinguish themselves within their markets
and compete with large utilities. We believe that our primary competitors are the established utilities that supply energy to homeowners by traditional means. We compete with these utilities primarily based on price, predictability of price, and the
ease by which homeowners can switch to electricity generated by our solar service offerings. If we cannot offer compelling value to customers based on these factors, then our business and revenue will not grow. Utilities generally have substantially
greater financial, technical, operational and other resources than we do. As a result of their greater size, utilities may be able to devote more resources to the research, development, promotion and sale of their products or respond more quickly to
evolving industry standards and changes in market conditions than we can. Furthermore, these competitors are able to devote substantially more resources and funding to regulatory and lobbying efforts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Utilities could also offer other value-added products or services that could help them compete with us even if the cost of electricity they
offer is higher than ours. In addition, a majority of utilities&#146; sources of electricity are <FONT STYLE="white-space:nowrap">non-solar,</FONT> which may allow utilities to sell electricity more cheaply than we can. Moreover, regulated utilities
are increasingly seeking approval to &#147;rate-base&#148; their own residential solar and storage businesses. Rate-basing means that utilities would receive guaranteed rates of return for their solar and storage businesses. This is already
commonplace for utility scale solar projects and commercial solar projects. While few utilities to date have received regulatory permission to rate-base residential solar or storage, our competitiveness would be significantly harmed should more
utilities receive such permission because we do not receive guaranteed profits for our solar service offerings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also face competition
from other residential solar service providers. Some of these competitors have a higher degree of brand name recognition, differing business and pricing strategies, and greater capital resources than we have, as well as extensive knowledge of our
target markets. If we are unable to establish or maintain a consumer brand that resonates with customers, maintain high customer satisfaction, or compete with the pricing offered by our competitors, our sales and market share position may be
adversely affected, as our growth is dependent on originating new customers. We also face competitive pressure from companies that may offer lower-priced consumer offerings than we do. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, we compete with companies that are not regulated like traditional utilities but that have access to the traditional utility
electricity transmission and distribution infrastructure. These energy service companies are able to offer customers electricity supply-only solutions that are competitive with our solar service offerings on both price and usage of solar energy
technology while avoiding the long-term agreements and physical installations that our current fund-financed business model requires. This may limit our ability to attract customers, particularly those who wish to avoid long-term contracts or have
an aesthetic or other objection to putting solar panels on their roofs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, we face competition from purely finance-driven
nonintegrated competitors that subcontract out the installation of solar energy systems, from installation businesses (including solar partners) that seek financing from external parties, from large construction companies and from electrical and
roofing companies. In addition, local installers that might otherwise be viewed as potential solar partners may gain market share by </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
being able to be the first providers in new local markets. Some of these competitors may provide energy at lower costs than we do. Finally, as declining prices for solar panels and related
equipment has resulted in an increase in consumers purchasing instead of leasing solar energy systems, we face competition from companies that offer consumer loans for these solar panel purchases. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As the solar industry grows and evolves, we will continue to face existing competitors as well as new competitors who are not currently in the
market (including those resulting from the consolidation of existing competitors) that achieve significant developments in alternative technologies or new products such as storage solutions, loan products or other programs related to third-party
ownership. Our failure to adapt to changing market conditions, to compete successfully with existing or new competitors and to adopt new or enhanced technologies could limit our growth and have a material adverse effect on our business and
prospects. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>A material drop in the retail price of utility-generated electricity or electricity from other sources would harm our business, financial
condition and results of operations. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A customer&#146;s decision to buy solar energy from us is impacted by a desire to lower
electricity costs. Decreases in the retail prices of electricity from utilities or other energy sources would harm our ability to offer competitive pricing and could harm our business. The price of electricity from utilities could decrease as a
result of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the construction of a significant number of new power generation plants, including nuclear, coal, natural gas or
renewable energy technologies; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the construction of additional electric transmission and distribution lines; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">a reduction in the price of natural gas or other natural resources; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">energy conservation technologies and public initiatives to reduce electricity consumption; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">development of new energy technologies that provide less expensive energy, including storage; and
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">utility rate adjustments and customer class cost reallocation. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A reduction in utility electricity prices would make the purchase of our solar service offerings less attractive. If the retail price of
energy available from utilities were to decrease due to any of these or other reasons, we would be at a competitive disadvantage. As a result, we may be unable to attract new customers and our growth would be limited. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The production and installation of solar energy systems depends heavily on suitable meteorological and environmental conditions. If meteorological or
environmental conditions are unexpectedly unfavorable, the electricity production from our solar service offerings may be below our expectations, and our ability to timely deploy new systems may be adversely impacted. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The energy produced and revenue and cash flows generated by a solar energy system depend on suitable solar and weather conditions, both of
which are beyond our control. Furthermore, components of our systems, such as panels and inverters, could be damaged by severe weather or natural catastrophes, such as hailstorms, tornadoes, fires or earthquakes. In these circumstances, we generally
would be obligated to bear the expense of repairing the damaged solar energy systems that we own. Sustained unfavorable weather or environmental conditions also could unexpectedly delay the installation of our solar energy systems, leading to
increased expenses and decreased revenue and cash flows in the relevant periods. Extreme weather conditions, as well as the natural catastrophes that could result from such conditions, can severely impact our operations by delaying the installation
of our systems, lowering sales, and causing a decrease in the output from our systems due to smoke or haze. Weather patterns could change, making it harder to predict the average annual amount of sunlight striking each location where our solar
energy systems are installed. This could make our solar service offerings less economical overall or make individual systems less economical. Any of these events or conditions could harm our business, financial condition and results of operations.
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Climate change may have long-term impacts on our business, our industry, and the global economy. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Climate change poses a systemic threat to the global economy and will continue to do so until our society transitions to renewable energy and
decarbonizes. While our core business model seeks to accelerate this transition to renewable energy, there are inherent climate-related risks to our business operations. Warming temperatures throughout the United States, and in California in
particular, have contributed to extreme weather, intense drought, and increased wildfire risks. These events have the potential to disrupt our business, our third-party suppliers, and our customers, and may cause us to incur additional operational
costs. For instance, natural disasters and extreme weather events associated with climate change can impact our operations by delaying the installation of our systems, leading to increased expenses and decreased revenue and cash flows in the period.
They can also cause a decrease in the output from our systems due to smoke or haze. Additionally, if weather patterns significantly shift due to climate change, it may be harder to predict the average annual amount of sunlight striking each location
where our solar energy systems are installed. This could make our solar service offerings less economical overall or make individual systems less economical. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our corporate mission is to create a planet run by the sun, and we seek to mitigate these climate-related risks not only through our core
business model and sustainability initiatives, but also by working with organizations who are also focused on mitigating their own climate-related risks. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to Our Operating Structure and Financing Activities </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We need to raise capital to finance the continued growth of our operations and solar service business. If capital is not available to us on acceptable
terms, as and when needed, our business and prospects would be materially and adversely impacted. In addition, our business is affected by general economic conditions and related uncertainties affecting markets in which we operate. Volatility in
current economic conditions could adversely impact our business, including our ability to raise financing. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our future success depends
on our ability to raise capital from third parties to grow our business. To date, we have funded our business principally through <FONT STYLE="white-space:nowrap">low-cost</FONT> tax equity investment funds. If we are unable to establish new
investment funds when needed, or upon desirable terms, the growth of our solar service business would be impaired. Changes in tax law could also affect our ability to establish such tax equity investment funds, impact the terms of existing or future
funds, or reduce the pool of capital available for us to grow our business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The contract terms in certain of our existing investment fund
documents contain various conditions with respect to our ability to draw on financing commitments from the fund investors, including conditions that restrict our ability to draw on such commitments if an event occurs that could reasonably be
expected to have a material adverse effect on the fund or, in some instances, us. If we are not able to satisfy such conditions due to events related to our business, a specific investment fund, developments in our industry, including tax or
regulatory changes, or otherwise, and as a result, we are unable to draw on existing funding commitments, we could experience a material adverse effect on our business, liquidity, financial condition, results of operations and prospects. If any of
the investors that currently invest in our investment funds decide not to invest in future investment funds to finance our solar service offerings due to general market conditions, concerns about our business or prospects or any other reason, or
materially change the terms under which they are willing to provide future financing, we would need to identify new investors to invest in our investment funds and our cost of capital may increase. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, our business and results of operations are materially affected by conditions in the global capital markets and the economy. A
general slowdown or volatility in current economic conditions, stemming from the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic, the level of U.S. national debt, currency fluctuations, unemployment rates, the availability and cost of
credit, the U.S. housing market, tariffs, trade wars, inflation levels, interest rates, energy costs and concerns over a slowing economy or other factors, could adversely affect our business, including our ability to raise financing. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There can be no assurance that we will be able to continue to successfully access capital in
a manner that supports the growth of our business. Certain sources of capital may not be available in the future, and competition for any available funding may increase. We cannot be sure that we will be able to maintain necessary levels of funding
without incurring high funding costs, unfavorable changes in the terms of funding instruments or the liquidation of certain assets. If we are unable to continue to offer a competitive investment profile, we may lose access to these funds or they may
only be available on less favorable terms than those provided to our competitors or currently provided to us. If we are unable to arrange new or alternative methods of financing on favorable terms, our business, liquidity, financial condition,
results of operations and prospects could be materially and adversely affected. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Rising interest rates would adversely impact our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Rising interest rates may increase our cost of capital. Our future success depends on our ability to raise capital from fund investors and
obtain secured lending to help finance the deployment of our solar service offerings. Part of our business strategy is to seek to reduce our cost of capital through these arrangements to improve our margins, offset reductions in government
incentives and maintain the price competitiveness of our solar service offerings. Rising interest rates may have an adverse impact on our ability to offer attractive pricing on our solar service offerings to customers, which could negatively impact
sales of our solar energy offerings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The majority of our cash flows to date have been from solar service offerings under Customer
Agreements that have been monetized under various investment fund structures. One of the components of this monetization is the present value of the payment streams from customers who enter into these Customer Agreements. If the rate of return
required by capital providers, including debt providers, rises as a result of a rise in interest rates, it will reduce the present value of the customer payment stream and consequently reduce the total value derived from this monetization. Any
measures that we could take to mitigate the impact of rising interest rates on our ability to secure third-party financing could ultimately have an adverse impact on the value proposition that we offer customers. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We expect to incur substantially more debt in the future, which could intensify the risks to our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and our subsidiaries expect to incur additional debt in the future, subject to the restrictions contained in our debt instruments. Our
existing debt arrangements restrict our ability to incur additional indebtedness, including secured indebtedness, and we may be subject to similar restrictions under the terms of future debt arrangements. These restrictions could inhibit our ability
to pursue our business strategies. Increases in our existing debt obligations would further heighten the debt related risk discussed above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, there is no assurance that we will be able to enter into new debt instruments on acceptable terms or at all. If we were unable to
satisfy financial covenants and other terms under existing or new instruments, or obtain waivers or forbearance from our lenders, or if we were unable to obtain refinancing or new financings for our working capital, equipment and other needs on
acceptable terms if and when needed, our business would be adversely affected. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We may be required to make payments or contribute assets to our
investors upon the occurrence of certain events, including one-time reset or true-up payments or upon the exercise of a redemption option by one of our tax equity investors. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our investors in our tax equity investment funds typically advance capital to us based on, among other things, production capacity estimates.
The models we use to calculate prepayments in connection with certain of our tax equity investment funds are updated at a fixed date occurring after placement in service of all applicable solar energy systems or an agreed upon date (typically within
the first year of the applicable term) to reflect certain specified conditions as they exist at such date including the ultimate system size of the equipment that was sold or leased to the tax equity investment fund, the cost thereof, and the date
the equipment went into </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
service. In some cases, these true-up models also incorporate any changes in law, which would include any reduction in rates (and thus any reduction in the benefits of depreciation). As a result
of this true-up, applicable payments are resized, and we may be obligated to refund a portion of the tax equity investor&#146;s prepayments or to contribute additional assets to the tax equity investment fund. In addition, certain of our tax equity
fund investors have the right to require us to purchase their interests in the tax equity investment funds after a set period of time, generally at a price equal to the greater of a set purchase price or fair market value of the interests at the
time of the repurchase. Any significant refunds, capital contributions or purchases that we may be required to make could adversely affect our liquidity or financial condition. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Loan financing developments could adversely impact our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The third-party ownership structure, which we bring to market through our solar service offerings, continues to be the predominant form of
system ownership in the residential solar market in many states. However, with the development of new loan financing products, we have seen a modest shift from leasing and power purchase arrangements to outright purchases of the solar energy system
by the customer (i.e., a customer purchases the solar energy system outright instead of leasing the system or buying power from us). Continued increases in third-party loan financing products and outright purchases could result in the demand for
long-term Customer Agreements to decline, which would require us to shift our product focus to respond to the market trend and could have an adverse effect on our business. In 2019, 2018 and 2017, the majority of our customers chose our solar
service offerings as opposed to buying a solar energy system outright. Our financial model is impacted by the volume of customers who choose our solar service offerings, and an increase in the number of customers who choose to purchase solar energy
systems (whether for cash or through third-party financing) may harm our business and financial results. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, as discussed
above, further reductions in the Commercial ITC as scheduled may impact the attractiveness of solar energy to certain customers and could potentially harm our business. Further reductions in, eliminations of, or expirations of, governmental
incentives such as the Residential Energy Efficiency Tax Credit could reduce the number of customers who choose to purchase our solar energy systems. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Servicing our debt requires a significant amount of cash to comply with certain covenants and satisfy payment obligations, and we may not have sufficient
cash flow from our business to pay our substantial debt and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have substantial amounts of debt, including the working capital facility and the non-recourse debt facilities entered into by our
subsidiaries, as discussed in more detail in the section titled &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#148; and our consolidated financial statements, in each case, included in our Quarterly
Report on Form 10-Q for the quarter ended September 30, 2020, which is incorporated by reference in this offering circular. Our ability to make scheduled payments of the principal of, to pay interest on or to refinance our indebtedness depends on
our future performance, which is subject to economic, financial, competitive and other factors beyond our control. Our business may not continue to generate cash flow from operations in the future sufficient to service our debt and make necessary
capital expenditures to operate our business. If we are unable to generate such cash flow, we may be required to adopt one or more alternatives, such as selling assets, restructuring debt or obtaining additional equity capital on terms that may be
onerous or highly dilutive. Our ability to timely repay or otherwise refinance our indebtedness will depend on the capital markets and our financial condition at such time. We may not be able to engage in any of these activities or engage in these
activities on desirable terms, which could result in a default on our debt obligations and negatively impact our financial condition and prospects. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Indebtedness under our Bank Line of Credit and certain of our Senior and Subordinated Debt Facilities
bear interest at variable interest rates based on LIBOR. Changes in the method of determining LIBOR, or the replacement of LIBOR with an alternative reference rate, may adversely affect interest rates on our current or future indebtedness and may
otherwise adversely affect our financial condition and results of operations. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In July 2017, the Financial Conduct Authority, the
authority that regulates LIBOR, announced that it intended to stop compelling banks to submit rates for the calculation of LIBOR after 2021. The Alternative Reference Rates Committee (&#147;ARRC&#148;) in the U.S. has proposed that the Secured
Overnight Financing Rate (&#147;SOFR&#148;) is the rate that represents best practice as the alternative to the U.S. dollar LIBOR for use in derivatives and other financial contracts that are currently indexed to LIBOR. ARRC has proposed a paced
market transition plan to SOFR from U.S. dollar LIBOR and organizations are currently working on industry-wide and company-specific transition plans as relating to derivatives and cash markets exposed to U.S. dollar LIBOR. We have certain financial
contracts, including our Bank Line of Credit and many of our Senior and Subordinated Debt Facilities, that are indexed to U.S. dollar LIBOR. Furthermore, changes in the method of determining LIBOR, or the replacement of LIBOR with an alternative
reference rate, may adversely affect interest rates on our current or future indebtedness. Any transition process may involve, among other things, increased volatility or illiquidity in markets for instruments that rely on LIBOR, reductions in the
value of certain instruments or the effectiveness of related transactions such as hedges, increased borrowing costs, uncertainty under applicable documentation, or difficult and costly consent or amendment processes. We are monitoring this activity
and evaluating the related risks, and any such effects of the transition away from LIBOR may result in increased expenses, may impair our ability to refinance our indebtedness or hedge our exposure to floating rate instruments, or may result in
difficulties, complications or delays in connection with future financing efforts, any of which could adversely affect our financial condition and results of operations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to Regulation and Policy </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We rely on net metering and related policies to offer competitive pricing to customers in all of our current markets, and changes to such policies may
significantly reduce demand for electricity from our solar service offerings. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of December&nbsp;31, 2020, a substantial majority of
states have adopted net metering policies. Net metering policies are designed to allow homeowners to serve their own energy load using <FONT STYLE="white-space:nowrap">on-site</FONT> generation. Electricity that is generated by a solar energy system
and consumed <FONT STYLE="white-space:nowrap">on-site</FONT> avoids a retail energy purchase from the applicable utility, and excess electricity that is exported back to the electric grid generates a retail credit within a homeowner&#146;s monthly
billing period. At the end of the monthly billing period, if the homeowner has generated excess electricity within that month, the homeowner typically carries forward a credit for any excess electricity to be offset against future utility energy
purchases. At the end of an annual billing period or calendar year, utilities either continue to carry forward a credit, or reconcile the homeowner&#146;s final annual or calendar year bill using different rates (including zero credit) for the
exported electricity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Utilities, their trade associations, and fossil fuel interests in the country are currently challenging net
metering policies, and seeking to eliminate them, cap them, reduce the value of the credit provided to homeowners for excess generation, or impose charges on homeowners that have net metering. For example, on April&nbsp;14, 2020, the New England
Ratepayers Association filed a petition with the Federal Energy Regulatory Commission (&#147;FERC&#148;), asking it to assert exclusive federal jurisdiction over state net metering programs. Such a declaratory order, if granted, would have
encouraged legal challenges to state net metering programs and could have reduced the bill credits customers receive for the electricity they export to the grid. On July&nbsp;16, 2020, FERC dismissed the petition unanimously on procedural grounds,
but at least one commissioner indicated that FERC could revisit the issue of net metering jurisdiction in the future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In October 2015 the
Hawaii Public Utilities Commission (the &#147;Hawaii Commission&#148;) issued an order that eliminates net metering for all new homeowners. All existing net metering customers and customers who </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
submitted net metering applications before October&nbsp;12, 2015 are grandfathered indefinitely under the old rules. Interim tariffs currently exist in Hawaii. Permanent tariffs are currently
under consideration by the Hawaii Commission, and customers on the interim tariff may be switched over to these newer tariffs. We continue to sell, build, and service systems in Hawaii. The new programs in Hawaii are more complex, which decreases
certainty in the economic value proposition we provide to customers and potentially slows down market growth. Recent proposals submitted by utility companies have proposed significant changes to the marketplace, such as utility ownership/control
over solar systems, which may further detrimentally impact the economic value proposition to customers and slow down market growth. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In
addition, in early 2016 we ceased new installations in Nevada in response to the elimination of net metering by the Public Utilities Commission of Nevada (&#147;PUCN&#148;). However, in September 2016, the PUCN issued an order making customers
eligible for the prior net metering rules if they had installed a solar energy system or had submitted a net metering application prior to December&nbsp;31, 2015. Furthermore, in June 2017, Nevada enacted legislation, AB 405, that restores net
metering at a reduced credit and guarantees new customers receive the net metering rate in effect at the time they applied for interconnection for 20 years. As another example, in December 2016, the Arizona Corporation Commission (&#147;ACC&#148;)
issued a decision to eliminate net metering for new solar customers and replace it with a <FONT STYLE="white-space:nowrap">net-feed</FONT> in tariff (a fixed export rate). In May 2018, Connecticut enacted legislation to end the state&#146;s net
metering program upon the conclusion of the Residential Solar Investment Program, and replace it with two <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">yet-to-be-determined</FONT></FONT></FONT>
rate structures. On June&nbsp;28, 2019, legislation was signed into law delaying the implementation of these programs and continuing Connecticut&#146;s net metering program through the end of 2021. In November 2017, the Utah Public Service
Commission (&#147;Utah PSC&#148;) approved a settlement between the solar industry and Rocky Mountain Power, the main investor-owned utility in Utah. The agreement reduced the compensation customers receive for power exported to the grid by about
10% below the retail rate. The Utah PSC then initiated a case to quantify the value of power exported from <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">behind-the-meter</FONT></FONT> solar energy systems. In December 2020, after
a three-year case, the Utah PSC established a new compensation rate at roughly 45% below the average retail rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Some states set limits
on the total percentage of a utility&#146;s customers that can adopt net metering. For example, South Carolina had a net metering cap that was eliminated in May 2019 when South Carolina enacted the Energy Freedom Act. The new law allows for
regulatory review of net metering after two years, with changes to rate design to occur in June 2021. While Sunrun and Duke Energy have reached a settlement in South Carolina, the state&#146;s Public Service Commission has not yet approved the deal.
Conversely, Dominion has filed an <FONT STYLE="white-space:nowrap">anti-net</FONT> energy metering plan that we will oppose strongly. Illinois has a threshold that triggers a commission process to determine what valuation of solar comes after net
metering rate design. New Jersey currently has no net metering cap; however, it has a threshold that triggers commission review of its net metering policy. These policies could be subject to change in the future, and other states we serve now or in
the future may adopt net metering caps. If the net metering caps in these jurisdictions are reached without an extension of net metering policies, homeowners in those jurisdictions will not have access to the economic value proposition net metering
provides. Our ability to sell our solar service offerings may be adversely impacted by the failure to extend existing limits to net metering or the elimination of currently existing net metering policies. The failure to adopt a net metering policy
where it currently is not in place would pose a barrier to entry in those states. Additionally, the imposition of charges that only or disproportionately impact homeowners that have solar energy systems, or the introduction of rate designs mentioned
above, would adversely impact our business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">California&#146;s Public Utilities Commission (&#147;CPUC&#148;) has made changes to rate
design for solar customers, such as adopting &#147;time of use&#148; rates with different electricity prices during peak and off peak hours, as well as modifications to the minimum bill for solar customers. The CPUC is revisiting its net metering
policy in a proceeding that began in the third quarter of 2020 and is expected to conclude near the end of 2021 and not take effect until sometime in 2022. The California investor-owned utilities, along with other parties, are seeking to reduce the
level of compensation for customer-owned generation and to impose grid access fees on solar customers. Similarly, certain California municipal utilities, which are not regulated by the CPUC and are not be
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
governed by the CPUC&#146;s net metering policy, have also announced they plan to review their net metering policies. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Electric utility statutes and regulations and changes to such statutes or regulations may present technical, regulatory and economic barriers to the
purchase and use of our solar service offerings that may significantly reduce demand for such offerings. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Federal, state and local
government statutes and regulations concerning electricity heavily influence the market for our solar service offerings and are constantly evolving. These statutes, regulations, and administrative rulings relate to electricity pricing, net metering,
consumer protection, incentives, taxation, competition with utilities, and the interconnection of homeowner-owned and third party-owned solar energy systems to the electrical grid. These statutes and regulations are constantly evolving. Governments,
often acting through state utility or public service commissions, change and adopt different rates for residential customers on a regular basis and these changes can have a negative impact on our ability to deliver savings, or energy bill
management, to customers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, many utilities, their trade associations, and fossil fuel interests in the country, which have
significantly greater economic, technical, operational and political resources than the residential solar industry, are currently challenging solar-related policies to reduce the competitiveness of residential solar energy. Any adverse changes in
solar-related policies could have a negative impact on our business and prospects. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Regulations and policies related to rate design could deter
potential customers from purchasing our solar service offerings, reduce the value of the electricity our systems produce, and reduce any savings that our customers could realize from our solar service offerings. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All states regulate investor-owned utility retail electricity pricing. In addition, there are numerous publicly owned utilities and electric
cooperatives that establish their own retail electricity pricing through some form of regulation or internal process. These regulations and policies could deter potential customers from purchasing our solar service offerings. For example, some
utilities in states such as Arizona and Utah have sought and secured rate design changes that reduce credit for residential solar exports to below the retail rate and impose new charges for rooftop solar customers. Utilities in additional states may
follow suit. Such rate changes can include changing rates to charge lower volume-based rates&#151;the rates charged for kilowatt hours of electricity purchased by a residential customer&#151;while raising unavoidable fixed charges that a homeowner
is subject to when they purchase solar energy from third parties, and levying charges on homeowners based on their point of maximum demand during a month (referred to as &#147;demand charge&#148;). For example, the Arizona Public Service Company
offers residential demand charge rate plans and if our solar customers have subscribed to those plans, they may not realize typical savings from our offerings. These forms of rate design could adversely impact our business by reducing the value of
the electricity our solar energy systems produce compared to retail net metering, and reducing any savings customers realize by purchasing our solar service offerings. These proposals could continue or be replicated in other states. In addition to
changes in general rates charged to all residential customers, utilities are increasingly seeking solar-specific charges (which may be fixed charges, capacity-based charges, or other rate charges). Any of these changes could materially reduce the
demand for our offerings and could limit the number of markets in which our offerings are competitive with electricity provided by the utilities. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We
are not currently regulated as a utility under applicable laws, but we may be subject to regulation as a utility in the future or become subject to new federal and state regulations for any additional solar service offerings we may introduce in the
future. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Most federal, state, and municipal laws do not currently regulate us as a utility. As a result, we are not subject to the
various regulatory requirements applicable to U.S. utilities. However, any federal, state, local or other applicable regulations could place significant restrictions on our ability to operate our business and execute
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
our business plan by prohibiting or otherwise restricting our sale of electricity. These regulatory requirements could include restricting our sale of electricity, as well as regulating the price
of our solar service offerings. For example, the New York Public Service Commission and the Illinois Power Agency have issued orders regulating distributed energy providers in certain ways as if they were energy service companies, which increases
the regulatory compliance burden for us in such states. If we become subject to the same regulatory authorities as utilities in other states or if new regulatory bodies are established to oversee our business, our operating costs could materially
increase. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our business depends in part on the regulatory treatment of third-party-owned solar energy systems. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Customer Agreements are third-party ownership arrangements. Sales of electricity by third parties face regulatory challenges in some states
and jurisdictions. These challenges pertain to issues such as whether third-party-owned systems qualify for the same rebates, tax exemptions or other <FONT STYLE="white-space:nowrap">non-tax</FONT> incentives available for homeowner-owned solar
energy systems, whether third-party-owned systems are eligible at all for these incentives, and whether third-party-owned systems are eligible for net metering and the associated significant cost savings. Adverse regulatory treatment of third-party
ownership arrangements could reduce demand for our solar service offerings, adversely impact our access to capital and cause us to increase the price we charge customers for energy. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Interconnection limits or circuit-level caps imposed by regulators may significantly reduce our ability to sell electricity from our solar service
offerings in certain markets or slow interconnections, harming our growth rate and customer satisfaction scores. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interconnection rules
establish the circumstances in which rooftop solar will be connected to the electricity grid. Interconnection limits or circuit-level caps imposed by regulators may curb our growth in key markets. Utilities throughout the country have different
rules and regulations regarding interconnection and some utilities cap or limit the amount of solar energy that can be interconnected to the grid. Our systems do not provide power to customers until they are interconnected to the grid. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interconnection regulations are based on claims from utilities regarding the amount of solar energy that can be connected to the grid without
causing grid reliability issues or requiring significant grid upgrades. Although recent rulings from the Hawaii Utilities Commission have helped resolve some problems, historically, interconnection limits or circuit-level caps have slowed the pace
of our installations in Hawaii. Similar interconnection limits could slow our future installations in Hawaii or other markets, harming our growth rate and customer satisfaction scores. Similarly, the California and Hawaii Public Utilities
Commissions require the activation of some advanced inverter functionality to head off presumed grid reliability issues, which may require more expensive equipment and more oversight of the operation of the solar energy systems over time. As a
result, these regulations may hamper our ability to sell our offerings in certain markets and increase our costs, adversely affecting our business, operating results, financial condition and prospects. These advanced functions will become more
commonplace as regions start to require 1547-2018 inverters, with activation of some advanced functions starting January 2022 in Maryland, Colorado and Arizona, with more to follow. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to Our Business Operations </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our growth depends in part on the success of our relationships with third parties, including our solar partners. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A key component of our growth strategy is to develop or expand our relationships with third parties. For example, we are investing resources in
establishing strategic relationships with market players across a variety of industries, including large retailers, to generate new customers. These programs may not roll out as quickly as planned or produce the results we anticipated. A significant
portion of our business depends on attracting and retaining new and existing solar partners. Negotiating relationships with our solar partners, investing in due </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
diligence efforts with potential solar partners, training such third parties and contractors, and monitoring them for compliance with our standards require significant time and resources and may
present greater risks and challenges than expanding a direct sales or installation team. If we are unsuccessful in establishing or maintaining our relationships with these third parties, our ability to grow our business and address our market
opportunity could be impaired. Even if we are able to establish and maintain these relationships, we may not be able to execute on our goal of leveraging these relationships to meaningfully expand our business, brand recognition and customer base.
This would limit our growth potential and our opportunities to generate significant additional revenue or cash flows. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We and our solar partners depend
on a limited number of suppliers of solar panels, batteries, and other system components to adequately meet anticipated demand for our solar service offerings. Any shortage, delay or component price change from these suppliers, or the acquisition of
any of these suppliers by a competitor, could result in sales and installation delays, cancellations and loss of market share. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and
our solar partners purchase solar panels, inverters, batteries, and other system components from a limited number of suppliers, making us susceptible to quality issues, shortages and price changes. If we or our solar partners fail to develop,
maintain and expand our relationships with these or other suppliers, we may be unable to adequately meet anticipated demand for our solar service offerings, or we may only be able to offer our systems at higher costs or after delays. If one or more
of the suppliers that we or our solar partners rely upon to meet anticipated demand ceases or reduces production, we may be unable to quickly identify alternate suppliers or to qualify alternative products on commercially reasonable terms, and we
may be unable to satisfy this demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The acquisition of a supplier by one of our competitors could also limit our access to such
components and require significant redesigns of our solar energy systems or installation procedures and have a material adverse effect on our business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In particular, there is a limited number of suppliers of inverters, which are components that convert electricity generated by solar panels
into electricity that can be used to power the home. For example, once we design a system for use with a particular inverter, if that type of inverter is not readily available at an anticipated price, we may incur delays and additional expenses to
redesign the system. Further, the inverters on our solar energy systems generally carry only ten year warranties. If there is an inverter equipment shortage in a year when a substantial number of inverters on our systems need to be replaced, we may
not be able to replace the inverters to maintain proper system functioning or may be forced to do so at higher than anticipated prices, either of which would adversely impact our business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Similarly, there is a limited number of suppliers of batteries. Once we design a system for use with a particular battery, if that type of
battery is not readily available from our supplier, we may incur delays and additional expenses to install the system or be forced to redesign the system. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There have also been periods of industry-wide shortage of key components, including solar panels, in times of rapid industry growth or
regulatory change. For example, guidance from the IRS on the steps required for construction to be deemed to have commenced in time to qualify for federal investment tax credits resulted in significant module shortages in the market as utilities and
large commercial customers started purchasing supplies in advance of the December 2019 deadline to qualify for a 30% Commercial ITC. Further, new or unexpected changes in rooftop fire codes or building codes may require new or different system
components to satisfy compliance with such newly effective codes or regulations, which may not be readily available for distribution to us or our suppliers. The manufacturing infrastructure for some of these components has a long lead time, requires
significant capital investment and relies on the continued availability of key commodity materials, potentially resulting in an inability to meet demand for these components and, as a result, could negatively impact our ability to install systems in
a timely manner. Additionally, any decline in the exchange rate of the U.S. dollar compared to the functional currency of our component suppliers could increase our component </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
prices. Any of these shortages, delays or price changes could limit our growth, cause cancellations or adversely affect our operating margins, and result in loss of market share and damage to our
brand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, our supply chain and operations (or those of our partners) could be subject to events beyond our control, such as
earthquakes, wildfires, flooding, hurricanes, tsunamis, typhoons, volcanic eruptions, droughts, tornadoes, the effects of climate change and related extreme weather, public health issues and pandemics, war, terrorism, government restrictions or
limitations on trade, and <FONT STYLE="white-space:nowrap">geo-political</FONT> unrest and uncertainties. For example, the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic is having an unprecedented impact on the U.S. economy and on our
business, and the extent to which the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic may impact our supply chain and operations is uncertain. The extent of the impact of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic on our
business and operations will depend on several factors, such as the duration, severity, and geographic spread of the outbreak and the extent of travel restrictions and business closures imposed in China, the United States, and other countries. In
addition, human rights issues in foreign countries and the U.S. government response to them could disrupt our supply chain and operations. For example, allegations regarding forced labor in China and U.S. regulations to prohibit the importation of
any goods derived from forced labor could affect our supply chain and operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>As the primary entity that contracts with customers, we are subject
to risks associated with construction, cost overruns, delays, customer cancellations, regulatory compliance and other contingencies, any of which could have a material adverse effect on our business and results of operations. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a licensed contractor in certain communities that we service, and we are ultimately responsible as the contracting party for every solar
energy system installation. We may be liable, either directly or through our solar partners, to customers for any damage we cause to them, their home, belongings or property during the installation of our systems. For example, we, either directly or
through our solar partners, frequently penetrate customers&#146; roofs during the installation process and may incur liability for the failure to adequately weatherproof such penetrations following the completion of construction. In addition,
because the solar energy systems we or our solar partners deploy are high voltage energy systems, we may incur liability for any failure to comply with electrical standards and manufacturer recommendations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For example, on December 2, 2020, the California Contractors State License Board (the &#147;CSLB&#148;) filed an administrative proceeding
against Sunrun and certain of its officers related to an accident that occurred during an installation by one of our channel partners, Horizon Solar Power, which holds its own license with the CSLB. If this proceeding is not resolved in our favor,
it could potentially result in fines, a public reprimand, probation or the suspension or revocation of our California Contractor&#146;s License. We strongly deny any wrongdoing in the matter and intend to work cooperatively with the CSLB while
vigorously defending ourselves in this action. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Completing the sale and installation of a solar energy system requires many different
steps including a site audit, completion of designs, permitting, installation, electrical <FONT STYLE="white-space:nowrap">sign-off</FONT> and interconnection. Customers may cancel their Customer Agreement, subject to certain conditions, during this
process until commencement of installation, and we have experienced increased customer cancellations in certain geographic markets during certain periods in our operating history. We or our solar partners may face customer cancellations, delays or
cost overruns which may adversely affect our or our solar partners&#146; ability to ramp up the volume of sales or installations in accordance with our plans. These cancellations, delays or overruns may be the result of a variety of factors, such as
labor shortages or other labor issues, defects in materials and workmanship, adverse weather conditions, transportation constraints, construction change orders, site changes or roof conditions, geographic factors and other unforeseen difficulties,
any of which could lead to increased cancellation rates, reputational harm and other adverse effects. For example, some customer orders are cancelled after a site visit if we determine that a customer needs to make repairs to or install a new roof,
or that there is excessive shading on their property. If we continue to experience increased customer cancellations, our financial results may be materially and adversely affected. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the installation of solar energy systems and other energy-related products requiring building modifications are subject to
oversight and regulation in accordance with national, state and local laws and </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
ordinances relating to building, fire and electrical codes, safety, environmental protection, utility interconnection and metering, and related matters. We also rely on certain of our and our
partners&#146; employees to maintain professional licenses in many of the jurisdictions in which we operate, and our failure to employ properly licensed personnel could adversely affect our licensing status in those jurisdictions. It is difficult
and costly to track the requirements of every individual authority having jurisdiction over our installations and to design solar energy systems to comply with these varying standards. Any new government regulations or utility policies pertaining to
our systems may result in significant additional expenses to us and our customers and, as a result, could cause a significant reduction in demand for our solar service offerings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have a variety of stringent quality standards that we apply in the selection, supervision, and oversight of our third-party suppliers and
solar partners. We exercise oversight over our partners through written agreements requiring compliance with the laws and requirements of all jurisdictions, including regarding safety and consumer protections, by oversight of compliance with these
agreements, and enforced by termination of a partner relationship for failure to meet those obligations. However, because our suppliers and partners are third parties, ultimately, we cannot guarantee that they will follow our standards or ethical
business practices, such as fair wage practices and compliance with environmental, safety and other local laws, despite our efforts to hold them accountable to our standards. A lack of demonstrated compliance could lead us to seek alternative
suppliers or contractors, which could increase our costs and result in delayed delivery or installation of our products, product shortages or other disruptions of our operations. Violation of labor or other laws by our suppliers and solar partners
or the divergence of a supplier&#146;s or solar partner&#146;s labor or other practices from those generally accepted as ethical in the United States or other markets in which we do business could also attract negative publicity for us and harm our
business, brand and reputation in the market. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We typically bear the risk of loss and the cost of maintenance, repair and removal on solar energy
systems that are owned or leased by our investment funds. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We typically bear the risk of loss and are generally obligated to cover the
cost of maintenance, repair and removal for any solar energy system that we sell or lease to our investment funds. At the time we sell or lease a solar energy system to an investment fund, we enter into a maintenance services agreement where we
agree to operate and maintain the system for a fixed fee that is calculated to cover our future expected maintenance costs. If our solar energy systems require an above-average amount of repairs or if the cost of repairing systems were higher than
our estimate, we would need to perform such repairs without additional compensation. If our solar energy systems, more than 40% of which were located in California as of September&nbsp;30, 2020, are damaged as the result of a natural disaster beyond
our control, losses could exceed or be excluded from, our insurance policy limits, and we could incur unforeseen costs that could harm our business and financial condition. We may also incur significant costs for taking other actions in preparation
for, or in reaction to, such events. We purchase property insurance with industry standard coverage and limits approved by an investor&#146;s third-party insurance advisors to hedge against such risk, but such coverage may not cover our losses. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Product liability claims against us could result in adverse publicity and potentially significant monetary damages. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If our solar service offerings, including our racking systems, photovoltaic modules, batteries, inverters, or other products, injured someone,
we would be exposed to product liability claims. Because solar energy systems and many of our other current and anticipated products are electricity-producing devices, it is possible that customers or their property could be injured or damaged by
our products, whether by product malfunctions, defects, improper installation or other causes. We rely on third-party manufacturing warranties, warranties provided by our solar partners and our general liability insurance to cover product liability
claims and have not obtained separate product liability insurance. Our solar systems, including our photovoltaic modules, batteries, inverters, and other products, may also be subject to recalls due to product malfunctions or defects. Any product
liability claim we face could be expensive to defend and divert management&#146;s attention. The successful assertion of product liability claims against us could result in potentially significant monetary damages that could require
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
us to make significant payments, as well as subject us to adverse publicity, damage our reputation and competitive position and adversely affect sales of our systems and other products. In
addition, product liability claims, injuries, defects or other problems experienced by other companies in the residential solar industry could lead to unfavorable market conditions to the industry as a whole, and may have an adverse effect on our
ability to attract customers, thus affecting our growth and financial performance. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our business is concentrated in certain markets, putting us at risk
of region-specific disruptions. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of September&nbsp;30, 2020, more than 40% of our customers were in California, and we expect many
of our future installations to be in California, which could further concentrate our customer base and operational infrastructure. Accordingly, our business and results of operations are particularly susceptible to adverse economic, regulatory,
political, weather and other conditions in this market, including the impacts of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic, and in other markets that may become similarly concentrated, in particular the east coast, where we have
seen significant growth recently. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our corporate and sales headquarters are located in San Francisco, California, an area that has a
heightened risk of earthquakes and nearby wildfires. We may not have adequate insurance, including business interruption insurance, to compensate us for losses that may occur from any such significant events, including damage to our solar energy
systems. A significant natural disaster, such as an earthquake or wildfire, or a public health crisis, such as a pandemic, or civil unrest could have a material adverse impact on our business, results of operations and financial condition. In
addition, acts of terrorism or malicious computer viruses could cause disruptions in our or our solar partners&#146; businesses or the economy as a whole. To the extent that these disruptions result in delays or cancellations of installations or the
deployment of our solar service offerings, our business, results of operations and financial condition would be adversely affected. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The majority of
the Vivint Solar business is conducted using the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-home</FONT></FONT> sales channel. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Historically, the Vivint Solar business&#146; primary sales channel has been a
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-home</FONT></FONT> sales model. We are vulnerable to changes in laws and regulations related to direct sales and marketing that could impose additional limitations on
unsolicited residential sales calls and may impose additional restrictions such as adjustments to our marketing materials and direct-selling processes, and new training for personnel. If additional laws and regulations affecting direct sales and
marketing are passed in the markets in which we operate, it would take time to train our sales professionals to comply with such laws, and we may be exposed to fines or other penalties for violations of such laws. If we fail to compete effectively
through our direct-selling efforts, our financial condition, results of operations and growth prospects could be adversely affected. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Expansion into
new sales channels could be costly and time-consuming. As we enter new channels, we could be at a disadvantage relative to other companies who have more history in these spaces. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As we continue to expand into new sales channels, such as
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-home,</FONT></FONT> homebuilder, retail and <FONT STYLE="white-space:nowrap">e-commerce</FONT> channels and adapt to a remote selling model, we have incurred and may
continue to incur significant costs. In addition, we may not initially or ever be successful in utilizing these new channels. Furthermore, we may not be able to compete successfully with companies with a historical presence in such channels, and we
may not realize the anticipated benefits of entering such channels, including efficiently increasing our customer base and ultimately reducing costs. Entering new channels also poses the risk of conflicts between sales channels. If we are unable to
successfully compete in new channels, our operating results and growth prospects could be adversely affected. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Obtaining a sales contract with a
potential customer does not guarantee that a potential customer will not decide to cancel or that we will not need to cancel due to a failed inspection, which could cause us to generate no revenue from a product and adversely affect our results of
operations. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Even after we secure a sales contract with a potential customer, we (either directly or through our solar partners) must
perform an inspection to ensure the home, including the rooftop, meets our standards and </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
specifications. If the inspection finds repairs to the rooftop are required in order to satisfy our standards and specifications to install the solar energy system, and a potential customer does
not want to make such required repairs, we would lose that anticipated sale. In addition, per the terms of our Customer Agreements, a customer maintains the ability to cancel before commencement of installation, subject to certain conditions. Any
delay or cancellation of an anticipated sale could materially and adversely affect our financial results, as we may have incurred sales-related, design-related and other expenses and generated no revenue. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The value of our solar energy systems at the end of the associated term of the lease or power purchase agreement may be lower than projected, which may
adversely affect our financial performance and valuation. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We depreciate the costs of our solar energy systems over their estimated
useful life of 35 years. At the end of the initial typically 20 or 25 year term of the Customer Agreement, customers may choose to purchase their solar energy systems, ask to remove the system at our cost or renew their Customer Agreements.
Customers may choose to not renew or purchase for any reason, including pricing, decreased energy consumption, relocation of residence or switching to a competitor product. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, it is difficult to predict how future environmental regulations may affect the costs associated with the removal, disposal or
recycling of our solar energy systems. If the value in trade or renewal revenue is less than we expect, we may be required to recognize all or some of the remaining unamortized costs. This could materially impair our future results of operations.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We are exposed to the credit risk of customers and payment delinquencies on our accounts receivables. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Customer Agreements are typically for 20 or 25 years and require the customer to make monthly payments to us. Accordingly, we are subject
to the credit risk of customers. As of September&nbsp;30, 2020, the average FICO score of our customers under a Customer Agreement with a monthly payment schedule remained at or above 740, which is generally categorized as a &#147;Very Good&#148;
credit profile by the Fair Isaac Corporation. However, this may decline to the extent FICO score requirements under future investment funds are relaxed. While customer defaults have been immaterial to date, we expect that the risk of customer
defaults may increase as we grow our business. Due to the immaterial amount of customer defaults to date, our reserve for this exposure is minimal, and our future exposure may exceed the amount of such reserves. If we experience increased customer
credit defaults, our revenue and our ability to raise new investment funds could be adversely affected. If economic conditions worsen, certain of our customers may face liquidity concerns and may be unable to satisfy their payment obligations to us
on a timely basis or at all, which could have a material adverse effect on our financial condition and results of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We may not realize the
anticipated benefits of past or future investments, strategic transactions, or acquisitions, and integration of these acquisitions may disrupt our business and management. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have in the past and may in the future, acquire companies, Project pipelines, Projects, SRECs, products, or technologies or enter into joint
ventures or other strategic transactions. For example, we completed the acquisition of Vivint Solar on October&nbsp;8, 2020. Also, in July 2020, we announced a venture with SK E&amp;S Co., Ltd. and other affiliated companies focused on home
electrification. We may not realize the anticipated benefits of past or future investments, strategic transactions, or acquisitions, and these transactions involve numerous risks that are not within our control. These risks include the following,
among others: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">failure to satisfy the required conditions and otherwise complete a planned acquisition, joint venture or other
strategic transaction on a timely basis or at all; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">legal or regulatory proceedings, if any, relating to a planned acquisition, joint venture or other strategic
transaction and the outcome of such legal proceedings; </P></TD></TR></TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">difficulty in assimilating the operations and personnel of the acquired company, especially given our unique
culture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">difficulty in effectively integrating the acquired technologies or products with our current products and
technologies; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">difficulty in maintaining controls, procedures and policies during the transition and integration;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">disruption of our ongoing business and distraction of our management and employees from other opportunities and
challenges due to integration issues; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">difficulty integrating the acquired company&#146;s accounting, management information and other administrative
systems; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">inability to retain key technical and managerial personnel of the acquired business; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">inability to retain key customers, vendors and other business partners of the acquired business;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">inability to achieve the financial and strategic goals for the acquired and combined businesses;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">incurring acquisition-related costs or amortization costs for acquired intangible assets that could impact our
results of operations; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">significant post-acquisition investments which may lower the actual benefits realized through the acquisition;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">potential failure of the due diligence processes to identify significant issues with product quality, legal and
financial liabilities, among other things; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">potential inability to assert that internal controls over financial reporting are effective; and
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">potential inability to obtain, or obtain in a timely manner, approvals from governmental authorities, which could
delay or prevent such acquisitions. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our failure to address these risks, or other problems encountered in connection
with our past or future investments, strategic transactions, or acquisitions, could cause us to fail to realize the anticipated benefits of these acquisitions or investments, cause us to incur unanticipated liabilities, and harm our business
generally. Future acquisitions could also result in dilutive issuances of our equity securities, the incurrence of debt, contingent liabilities, amortization expenses, incremental expenses or the <FONT STYLE="white-space:nowrap">write-off</FONT> of
goodwill, any of which could harm our financial condition or results of operations, and the trading price of our common stock could decline. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mergers and acquisitions are inherently risky, may not produce the anticipated benefits and could adversely affect our business, financial
condition or results of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If we are unsuccessful in developing and maintaining our proprietary technology, including our BrightPath
software, our ability to attract and retain solar partners could be impaired, our competitive position could be harmed and our revenue could be reduced. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our future growth depends on our ability to continue to develop and maintain our proprietary technology that supports our solar service
offerings, including our design and proposal software, BrightPath. In addition, we rely, and expect to continue to rely, on licensing agreements with certain third parties for aerial images that allow us to efficiently and effectively analyze a
customer&#146;s rooftop for solar energy system specifications. In the event that our current or future products require features that we have not developed or licensed, or we lose the benefit of an existing license, we will be required to develop
or obtain such technology through purchase, license or other arrangements. If the required technology is not available on commercially reasonable terms, or at all, we may incur additional expenses in an effort to internally develop the required
technology. In addition, our BrightPath software was developed, in part, with U.S. federal government funding. When new technologies are </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
developed with U.S. government funding, the government obtains certain rights in any resulting patents, including a nonexclusive license authorizing the government to use the invention for <FONT
STYLE="white-space:nowrap">non-commercial</FONT> purposes. These rights may permit the government to disclose certain confidential information related to BrightPath to third parties and to exercise
<FONT STYLE="white-space:nowrap">&#147;march-in&#148;</FONT> rights to use or allow third parties to use our patented technology. We are also subject to certain reporting and other obligations to the U.S. government in connection with funding for
BrightPath. If we are unable to maintain our existing proprietary technology, our ability to attract and retain solar partners could be impaired, our competitive position could be harmed and our revenue could be reduced. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Disruptions to our solar production metering solution could negatively impact our revenue and increase our expenses. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our ability to monitor solar energy production for various purposes depends on the operation of our metering solution. We could incur
significant expense and disruption to our operations in connection with failures of our metering solution, including meter hardware failures and failure or obsolescence of the cellular technology that we use to communicate with those meters. For
example, many of our meters operate on either the 3G or 4G cellular data networks, which are expected to sunset before the term of our Customer Agreements, and newer technologies we use today may become obsolete before the end of the term of
Customer Agreements entered into now. Upgrading our metering solution may cause us to incur significant expense. Additionally, our meters communicate data through proprietary software, which we license from our metering partners. Should we be unable
to continue to license, on agreeable terms, the software necessary to communicate with our meters, it could cause a significant disruption in our business and operations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Problems with product quality or performance may cause us to incur warranty expenses and performance guarantee expenses, may lower the residual value of
our solar energy systems and may damage our market reputation and cause our financial results to decline. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Customers who enter into
Customer Agreements with us are covered by production guarantees and roof penetration warranties. As the owners of the solar energy systems, we or our investment funds receive a warranty from the inverter and solar panel manufacturers, and, for
those solar energy systems that we do not install directly, we receive workmanship and material warranties as well as roof penetration warranties from our solar partners. For example, in 2014 and 2015, we had to replace a significant number of
defective inverters, the cost of which was borne by the manufacturer. However, our customers were without solar service for a period of time while the work was done, which impacted customer satisfaction. Furthermore, one or more of our third-party
manufacturers or solar partners could cease operations and no longer honor these warranties, leaving us to fulfill these potential obligations to customers, or such warranties may be limited in scope and amount, and may be inadequate to protect us.
We also provide a performance guarantee with certain solar service offerings pursuant to which we compensate customers on an annual basis if their system does not meet the electricity production guarantees set forth in their agreement with us.
Customers who enter into Customer Agreements with us are covered by production guarantees equal to the length of the term of these agreements, typically 20 or 25 years. We may suffer financial losses associated if significant performance guarantee
payments are triggered. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Because of our limited operating history and the length of the term of our Customer Agreements, we have been
required to make assumptions and apply judgments regarding a number of factors, including our anticipated rate of warranty claims and the durability, performance and reliability of our solar energy systems. Our assumptions could prove to be
materially different from the actual performance of our systems, causing us to incur substantial expense to repair or replace defective solar energy systems in the future or to compensate customers for systems that do not meet their production
guarantees. Product failures or operational deficiencies also would reduce our revenue from power purchase or lease agreements because they are dependent on system production. Any widespread product failures or operating deficiencies may damage our
market reputation and adversely impact our financial results. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our business may be harmed if we fail to properly protect our intellectual property, and we may also be
required to defend against claims or indemnify others against claims that our intellectual property infringes on the intellectual property rights of third parties. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe that the success of our business depends in part on our proprietary technology, including our software, information, processes and <FONT
STYLE="white-space:nowrap">know-how.</FONT> We rely on copyright, trade secret and patent protections to secure our intellectual property rights. Although we may incur substantial costs in protecting our technology, we cannot be certain that we have
adequately protected or will be able to adequately protect it, that our competitors will not be able to utilize our existing technology or develop similar technology independently, that the claims allowed with respect to any patents held by us will
be broad enough to protect our technology or that foreign intellectual property laws will adequately protect our intellectual property rights. Moreover, we cannot be certain that our patents provide us with a competitive advantage. Despite our
precautions, it may be possible for third parties to obtain and use our intellectual property without our consent. Unauthorized use of our intellectual property by third parties, and the expenses incurred in protecting our intellectual property
rights, may adversely affect our business. In the future, some of our products could be alleged to infringe existing patents or other intellectual property of third parties, and we cannot be certain that we will prevail in any intellectual property
dispute. In addition, any future litigation required to enforce our patents, to protect our trade secrets or <FONT STYLE="white-space:nowrap">know-how</FONT> or to defend us or indemnify others against claimed infringement of the rights of third
parties could harm our business, financial condition and results of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We use &#147;open source&#148; software in our solutions, which may
require that we release the source code of certain software subject to open source licenses or subject us to possible litigation or other actions that could adversely affect our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We utilize software that is licensed under <FONT STYLE="white-space:nowrap">so-called</FONT> &#147;open source,&#148; &#147;free&#148; or other
similar licenses. Open source software is made available to the general public on an <FONT STYLE="white-space:nowrap">&#147;as-is&#148;</FONT> basis under the terms of a <FONT STYLE="white-space:nowrap">non-negotiable</FONT> license. We currently
combine our proprietary software with open source software but not in a manner that we believe requires the release of the source code of our proprietary software to the public. However, our use of open source software may entail greater risks than
use of third-party commercial software. Open source licensors generally do not provide warranties or other contractual protections regarding infringement claims or the quality of the code. In addition, if we combine our proprietary software with
open source software in a certain manner, we could, under certain open source licenses, be required to release the source code of our proprietary software to the public. This would allow our competitors to create similar offerings with lower
development effort and time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may also face claims alleging noncompliance with open source license terms or infringement or
misappropriation of proprietary software. These claims could result in litigation, require us to purchase a costly license or require us to devote additional research and development resources to change our software, any of which would have a
negative effect on our business and results of operations. In addition, if the license terms for open source software that we use change, we may be forced to <FONT STYLE="white-space:nowrap">re-engineer</FONT> our solutions, incur additional costs
or discontinue the use of these solutions if <FONT STYLE="white-space:nowrap">re-engineering</FONT> cannot be accomplished on a timely basis. Although we monitor our use of open source software to avoid subjecting our offerings to unintended
conditions, few courts have interpreted open source licenses, and there is a risk that these licenses could be construed in a way that could impose unanticipated conditions or restrictions on our ability to use our proprietary software. We cannot
guarantee that we have incorporated or will incorporate open source software in our software in a manner that will not subject us to liability or in a manner that is consistent with our current policies and procedures. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Any security breach or unauthorized disclosure or theft of personal information we gather, store and use, or other hacking and phishing attacks on our
systems, could harm our reputation, subject us to claims or litigation, and have an adverse impact on our business. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We receive, store
and use personal information of customers, including names, addresses, <FONT STYLE="white-space:nowrap">e-mail</FONT> addresses, credit information and other housing and energy use information, as well as the personal information of our
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
employees. Unauthorized disclosure of such personal information, whether through breach of our systems by an unauthorized party, employee theft or misuse, or otherwise, could harm our business.
In addition, computer malware, viruses, social engineering (predominantly spear phishing attacks), and general hacking have become more prevalent, have occurred on our systems in the past, and could occur on our systems in the future. Inadvertent
disclosure of such personal information, or if a third party were to gain unauthorized access to the personal information in our possession, has resulted in, and could result in future claims or litigation arising from damages suffered by such
individuals. In addition, we could incur significant costs in complying with the multitude of federal, state and local laws regarding the unauthorized disclosure of personal information. Our efforts to protect such personal information may be
unsuccessful due to software bugs or other technical malfunctions; employees, contractor, or vendor error or malfeasance; or other threats that evolve. In addition, third parties may attempt to fraudulently induce employees or users to disclose
sensitive information. Although we have developed systems and processes that are designed to protect the personal information we receive, store and use and to prevent or detect security breaches, we cannot assure you that such measures will provide
absolute security. Finally, any perceived or actual unauthorized disclosure of such information could harm our reputation, substantially impair our ability to attract and retain customers and have an adverse impact on our business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">While we currently maintain cybersecurity insurance, such insurance may not be sufficient to cover us against claims, and we cannot be certain
that cyber insurance will continue to be available to us on economically reasonable terms, or at all, or that any insurer will not deny coverage as to any future claim. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our business is subject to complex and evolving laws and regulations regarding privacy and data protection (&#147;data protection laws&#148;). Many of
these laws and regulations are subject to change and uncertain interpretation, and could result in claims, increased cost of operations or otherwise harm our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The regulatory environment surrounding data privacy and protection is constantly evolving and can be subject to significant change. New data
protection laws, including recent California legislation and regulation which affords California consumers an array of new rights, including the right to be informed about what kinds of personal data companies have collected and why it was
collected, pose increasingly complex compliance challenges and potentially elevate our costs. Complying with varying jurisdictional requirements could increase the costs and complexity of compliance, and violations of applicable data protection laws
could result in significant penalties. Any failure, or perceived failure, by us to comply with applicable data protection laws could result in proceedings or actions brought against us by governmental entities or others, subject us to significant
fines, penalties, judgments and negative publicity, require us to change our business practices, increase the costs and complexity of compliance, and adversely affect our business. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Damage to our brand and reputation or failure to expand our brand would harm our business and results of operations. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We depend significantly on our brand and reputation for high-quality solar service offerings, engineering and customer service to attract
customers and grow our business. If we fail to continue to deliver our solar service offerings within the planned timelines, if our solar service offerings do not perform as anticipated or if we damage any customers&#146; properties or cancel
projects, our brand and reputation could be significantly impaired. We also depend greatly on referrals from customers for our growth. Therefore, our inability to meet or exceed customers&#146; expectations would harm our reputation and growth
through referrals. We have at times focused particular attention on expeditiously growing our direct sales force and our solar partners, leading us in some instances to hire personnel or partner with third parties who we may later determine do not
fit our company culture and standards. Given the sheer volume of interactions our direct sales force and our solar partners have with customers and potential customers, it is also unavoidable that some interactions will be perceived by customers and
potential customers as less than satisfactory and result in complaints. If we cannot manage our hiring and training processes to limit potential issues and maintain appropriate customer service levels, our brand and reputation may be harmed and our
ability to grow our business would suffer. In addition, if we were unable </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
to achieve a similar level of brand recognition as our competitors, some of which may have a broader brand footprint as a result of a larger direct sales force, more resources and longer
operational history, we could lose recognition in the marketplace among prospective customers, suppliers and partners, which could affect our growth and financial performance. Our growth strategy involves marketing and branding initiatives that will
involve incurring significant expenses in advance of corresponding revenue. We cannot assure you that such marketing and branding expenses will result in the successful expansion of our brand recognition or increase our revenue. We are also subject
to marketing and advertising regulations in various jurisdictions, and overly restrictive conditions on our marketing and advertising activities may inhibit the sales of the affected products. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>A failure to hire and retain a sufficient number of employees and service providers in key functions would constrain our growth and our ability to timely
complete customers&#146; projects and successfully manage customer accounts. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To support our growth, we need to hire, train, deploy,
manage and retain a substantial number of skilled employees, engineers, installers, electricians, sales and project finance specialists. Competition for qualified personnel in our industry is increasing, particularly for skilled personnel involved
in the installation of solar energy systems. We have in the past been, and may in the future be, unable to attract or retain qualified and skilled installation personnel or installation companies to be our solar partners, which would have an adverse
effect on our business. We and our solar partners also compete with the homebuilding and construction industries for skilled labor. As these industries grow and seek to hire additional workers, our cost of labor may increase. The unionization of the
industry&#146;s labor force could also increase our labor costs. Shortages of skilled labor could significantly delay a project or otherwise increase our costs. Because our profit on a particular installation is based in part on assumptions as to
the cost of such project, cost overruns, delays or other execution issues may cause us to not achieve our expected margins or cover our costs for that project. In addition, because we are headquartered in the San Francisco Bay Area, we compete for a
limited pool of technical and engineering resources that requires us to pay wages that are competitive with relatively high regional standards for employees in these fields. Further, we need to continue to expand upon the training of our customer
service team to provide <FONT STYLE="white-space:nowrap">high-end</FONT> account management and service to customers before, during and following the point of installation of our solar energy systems. Identifying and recruiting qualified personnel
and training them requires significant time, expense and attention. It can take several months before a new customer service team member is fully trained and productive at the standards that we have established. If we are unable to hire, develop and
retain talented technical and customer service personnel, we may not be able to realize the expected benefits of this investment or grow our business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, to support the growth and success of our
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-consumer</FONT></FONT> channel, we need to recruit, retain and motivate a large number of sales personnel on a continuing basis. We compete with many other companies for
qualified sales personnel, and it could take many months before a new salesperson is fully trained on our solar service offerings. If we are unable to hire, develop and retain qualified sales personnel or if they are unable to achieve desired
productivity levels, we may not be able to compete effectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we or our solar partners cannot meet our hiring, retention and
efficiency goals, we may be unable to complete customers&#146; projects on time or manage customer accounts in an acceptable manner or at all. Any significant failures in this regard would materially impair our growth, reputation, business and
financial results. If we are required to pay higher compensation than we anticipate, these greater expenses may also adversely impact our financial results and the growth of our business. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The loss of one or more members of our senior management or key employees may adversely affect our ability to implement our strategy. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We depend on our experienced management team, and the loss of one or more key executives could have a negative impact on our business. In
particular, we are dependent on the services of our chief executive officer and <FONT STYLE="white-space:nowrap">co-founder,</FONT> Lynn Jurich, and our Chairman and <FONT STYLE="white-space:nowrap">co-founder,</FONT> Edward Fenster. We also depend
on our ability </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
to retain and motivate key employees and attract qualified new employees. Neither our founders nor our key employees are bound by employment agreements for any specific term, and we may be unable
to replace key members of our management team and key employees in the event we lose their services. Integrating new employees into our management team could prove disruptive to our operations, require substantial resources and management attention
and ultimately prove unsuccessful. An inability to attract and retain sufficient managerial personnel who have critical industry experience and relationships could limit or delay our strategic efforts, which could have a material adverse effect on
our business, financial condition and results of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We are subject to legal proceedings, regulatory inquiries and litigation, and we have
previously been, and may in the future be, named in additional legal proceedings, become involved in regulatory inquiries or be subject to litigation in the future, all of which are costly, distracting to our core business and could result in an
unfavorable outcome, or a material adverse effect on our business, financial condition, results of operations, or the trading price for our securities. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are involved in legal proceedings and receive inquiries from government and regulatory agencies from time to time. In the event that we are
involved in significant disputes or are the subject of a formal action by a regulatory agency, we could be exposed to costly and time-consuming legal proceedings that could result in any number of outcomes. Although outcomes of such actions vary,
any current or future claims or regulatory actions initiated by or against us, whether successful or not, could result in significant costs, costly damage awards or settlement amounts, injunctive relief, increased costs of business, fines or orders
to change certain business practices, significant dedication of management time, diversion of significant operational resources, or otherwise harm our business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we are not successful in our legal proceedings and litigation, we may be required to pay significant monetary damages, which could hurt our
results of operations. Lawsuits are time-consuming and expensive to resolve and divert management&#146;s time and attention. Although we carry general liability insurance, our insurance may not cover potential claims or may not be adequate to
indemnify us for all liability that may be imposed. We cannot predict how the courts will rule in any potential lawsuit against us. Decisions in favor of parties that bring lawsuits against us could subject us to significant liability for damages,
adversely affect our results of operations and harm our reputation. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>A failure to comply with laws and regulations relating to our interactions with
current or prospective residential customers could result in negative publicity, claims, investigations, and litigation, and adversely affect our financial performance. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business involves transactions with customers. We and our solar partners must comply with numerous federal, state and local laws and
regulations that govern matters relating to our interactions with customers, including those pertaining to privacy and data security, consumer financial and credit transactions, home improvement contracts, warranties and <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-home</FONT></FONT> solicitation, along with certain rules and regulations specific to the marketing and sale of residential solar products and services. These laws and regulations
are dynamic and subject to potentially differing interpretations, and various federal, state and local legislative and regulatory bodies may expand current laws or regulations, or enact new laws and regulations, regarding these matters. Changes in
these laws or regulations or their interpretation could dramatically affect how we do business, acquire customers, and manage and use information we collect from and about current and prospective customers and the costs associated therewith. We
strive to comply with all applicable laws and regulations relating to our interactions with residential customers. It is possible, however, that these requirements may be interpreted and applied in a manner that is inconsistent from one jurisdiction
to another and may conflict with other rules or our practices. Noncompliance with any such laws or regulations, or the perception that we or our solar partners have violated such laws or regulations or engaged in deceptive practices that could
result in a violation, could also expose us to claims, proceedings, litigation and investigations by private parties and regulatory authorities, as well as substantial fines and negative publicity, each of which may materially and adversely affect
our business. We have incurred, and will continue to incur, significant expenses to comply with </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
such laws and regulations, and increased regulation of matters relating to our interactions with residential customers could require us to modify our operations and incur significant additional
expenses, which could have an adverse effect on our business, financial condition and results of operations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any investigations, actions,
adoption or amendment of regulations relating to the marketing of our products to residential consumers could divert management&#146;s attention from our business, require us to modify our operations and incur significant additional expenses, which
could have an adverse effect on our business, financial condition and results of operations or could reduce the number of our potential customers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We cannot ensure that our sales professionals and other personnel will always comply with our standard practices and policies, as well as
applicable laws and regulations. In any of the numerous interactions between our sales professionals or other personnel and our customers or potential customers, our sales professionals or other personnel may, without our knowledge and despite our
efforts to effectively train them and enforce compliance, engage in conduct that is or may be prohibited under our standard practices and policies and applicable laws and regulations. Any such <FONT STYLE="white-space:nowrap">non-compliance,</FONT>
or the perception of <FONT STYLE="white-space:nowrap">non-compliance,</FONT> has exposed us to claims and could expose us to additional claims, proceedings, litigation, investigations, or enforcement actions by private parties or regulatory
authorities, as well as substantial fines and negative publicity, each of which may materially and adversely affect our business and reputation. We have incurred, and will continue to incur, significant expenses to comply with the laws, regulations
and industry standards that apply to us. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Compliance with occupational safety and health requirements and best practices can be costly, and
noncompliance with such requirements may result in potentially significant penalties, operational delays and adverse publicity. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
installation of solar energy systems requires our employees and employees of our solar partners to work with complicated and potentially dangerous electrical and utility systems. The evaluation and installation of our energy-related products also
require these employees to work in locations that may contain potentially dangerous levels of asbestos, lead or mold or other substances. We also maintain large fleets of vehicles that these employees use in the course of their work. There is
substantial risk of serious illness, injury or death if proper safety procedures are not followed. Our operations are subject to regulation under the U.S. Occupational Safety and Health Act (&#147;OSHA&#148;) and equivalent state laws. Changes to
OSHA requirements, or stricter interpretation or enforcement of existing laws or regulations, could result in increased costs. If we fail to comply with applicable OSHA regulations, even if no work-related serious illness, injury or death occurs, we
may be subject to civil or criminal enforcement and be required to pay substantial penalties, incur significant capital expenditures, or suspend or limit operations. Any accidents, citations, violations, illnesses, injuries or failure to comply with
industry best practices may subject us to adverse publicity, damage our reputation and competitive position and adversely affect our business. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If our
products do not work as well as planned or if we are unsuccessful in developing and selling new products or in penetrating new markets, our business, financial condition and results of operations could be adversely affected. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our success and ability to compete are dependent on the products that we have developed or may develop in the future. There is a risk that the
products that we have developed or may develop may not work as intended, or that the marketing of the products may not be as successful as anticipated. The development of new products generally requires substantial investment and can require long
development and testing periods before they are commercially viable. We intend to continue to make substantial investments in developing new products and it is possible that that we may not develop or acquire new products or product enhancements
that compete effectively within our target markets or differentiate our products based on functionality, performance or cost and thus our new technologies and products may not result in meaningful revenue. In addition, any delays in developing and
releasing new or enhanced products could cause us to lose revenue opportunities and potential customers. Any technical flaws in product releases could diminish the innovative impact of our products and have a negative
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
effect on customer adoption and our reputation. If we fail to introduce new products that meet the demands of our customers or target markets or do not achieve market acceptance, or if we fail to
penetrate new markets, our business, financial conditions and results of operations could be adversely affected. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If we fail to manage our recent and
future growth effectively, we may be unable to execute our business plan, maintain high levels of customer service or adequately address competitive challenges. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have experienced significant growth in recent periods, including as a result of our recent acquisition of Vivint Solar, and we intend to
continue to expand our business within existing markets and in a number of new locations in the future. This growth has placed, and any future growth may continue to place, a significant strain on our management, operational and financial
infrastructure. In particular, we have been in the past, and may in the future, be required to expand, train and manage our growing employee base and solar partners. Our management will also be required to maintain and expand our relationships with
customers, suppliers and other third parties and attract new customers and suppliers, as well as to manage multiple geographic locations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, our current and planned operations, personnel, systems and procedures might be inadequate to support our future growth and may
require us to make additional unanticipated investment in our infrastructure, including additional costs for the expansion of our employee base and our solar partners as well as marketing and branding costs. Our success and ability to further scale
our business will depend, in part, on our ability to manage these changes in a cost-effective and efficient manner. If we cannot manage our growth, we may be unable to take advantage of market opportunities, execute our business strategies or
respond to competitive pressures. This could also result in declines in quality or customer satisfaction, increased costs, difficulties in introducing new solar service offerings or other operational difficulties. Any failure to effectively manage
growth could adversely impact our business and reputation. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>It is difficult to evaluate our business and prospects due to our limited operating
history. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our limited operating history, particularly as a publicly traded company, combined with the rapidly evolving and competitive
nature of our industry, may not provide an adequate basis for you to evaluate our results of operations and business prospects. We cannot assure you that we will continue to be successful in generating revenue from our current solar service
offerings or from any additional solar service offerings we may introduce in the future. In addition, we only have limited insight into emerging trends, such as alternative energy sources, commodity prices in the overall energy market, and legal and
regulatory changes that impact the solar industry, any of which could adversely impact our business, prospects and results of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We have
incurred losses and may be unable to sustain profitability in the future. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have incurred net losses in the past and may continue to
incur net losses as we increase our spending to finance the expansion of our operations, expand our installation, engineering, administrative, sales and marketing staffs, increase spending on our brand awareness and other sales and marketing
initiatives, make significant investments to drive future growth in our business and implement internal systems and infrastructure to support our growth. We do not know whether our revenue will grow rapidly enough to absorb these costs and our
limited operating history makes it difficult to assess the extent of these expenses or their impact on our results of operations. Our ability to sustain profitability depends on a number of factors, including but not limited to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">mitigating the impact of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic on our business;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">growing our customer base; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">finding investors willing to invest in our investment funds on favorable terms; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">maintaining or further lowering our cost of capital; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">reducing the cost of components for our solar service offerings; </P></TD></TR></TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">growing and maintaining our channel partner network; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">maintaining high levels of product quality, performance and customer satisfaction; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">successfully integrating the Vivint Solar business; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">growing our <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-consumer</FONT></FONT>
business to scale; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">reducing our operating costs by lowering our customer acquisition costs and optimizing our design and
installation processes and supply chain logistics. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Even if we do sustain profitability, we may be unable to achieve
positive cash flows from operations in the future. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our results of operations may fluctuate from quarter to quarter, which could make our future
performance difficult to predict and could cause our results of operations for a particular period to fall below expectations, resulting in a decline in the price of our common stock. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our quarterly results of operations are difficult to predict and may fluctuate significantly in the future. We have experienced seasonal and
quarterly fluctuations in the past and expect these fluctuations to continue. However, given that we are operating in a rapidly changing industry, those fluctuations may be masked by our recent growth rates and thus may not be readily apparent from
our historical results of operations. As such, our past quarterly results of operations may not be good indicators of likely future performance. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to the other risks described in this &#147;Risk Factors&#148; section, as well as the factors discussed in the
&#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#148; section included in our Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the quarter ended September&nbsp;30, 2020, which
is incorporated by reference in this offering circular, the following factors, among others, could cause our results of operations and key performance indicators to fluctuate: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the expiration, reduction or initiation of any governmental tax rebates, tax exemptions or incentives;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">significant fluctuations in customer demand for our solar service offerings or fluctuations in the geographic
concentration of installations of solar energy systems; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in financial markets, which could restrict our ability to access available and cost-effective financing
sources; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">seasonal, environmental or weather conditions that impact sales, energy production and system installations;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the amount and timing of operating expenses related to the maintenance and expansion of our business, operations
and infrastructure; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">announcements by us or our competitors of new products or services, significant acquisitions, strategic
partnerships, joint ventures or capital-raising activities or commitments; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in our pricing policies or terms or those of our competitors, including utilities; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in regulatory policy related to solar energy generation; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the loss of one or more key partners or the failure of key partners to perform as anticipated;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our failure to successfully integrate the Vivint Solar business; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">actual or anticipated developments in our competitors&#146; businesses or the competitive landscape;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">actual or anticipated changes in our growth rate; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">general economic, industry and market conditions, including as a result of the
<FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes to our cancellation rate. </P></TD></TR></TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the past, we have experienced seasonal fluctuations in sales and installations,
particularly in the fourth quarter. This has been the result of decreased sales through the holiday season and weather-related installation delays. Our incentives revenue is also highly variable due to associated revenue recognition rules, as
discussed in greater detail in the section titled &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#148; included in our Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the
quarter ended September&nbsp;30, 2020, which is incorporated by reference in this offering circular. Seasonal and other factors may also contribute to variability in our sales of solar energy systems and product sales. For these or other reasons,
the results of any prior quarterly or annual periods should not be relied upon as indications of our future performance. In addition, our actual revenue or key operating metrics in one or more future quarters may fall short of the expectations of
investors and financial analysts. If that occurs, the trading price of our common stock could decline and you could lose part or all of your investment. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our actual financial results may differ materially from any guidance we may publish from time to time. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have in the past provided and may from time to time provide, guidance regarding our future performance that represents our management&#146;s
estimates as of the date such guidance is provided. Any such guidance is based upon a number of assumptions with respect to future business decisions (some of which may change) and estimates that, while presented with numerical specificity, are
inherently subject to significant business, economic and competitive uncertainties and contingencies (many of which are beyond our control, including those related to the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic). Guidance is
necessarily speculative in nature, and it can be expected that some or all of the assumptions that inform such guidance will not materialize or will vary significantly from actual results. Our ability to meet deployment volume, cost, net present
value or any other forward-looking guidance is impacted by a number of factors including, but not limited to, the number of our solar energy systems purchased outright versus the number of our solar energy systems that are subject to long-term
Customer Agreements, changes in installation costs, the availability of additional financing on acceptable terms, changes in the retail prices of traditional utility generated electricity, the availability of rebates, tax credits and other
incentives, changes in policies and regulations including net metering and interconnection limits or caps, the availability of solar panels and other raw materials, as well as the other risks to our business that are described in this section.
Accordingly, our guidance is only an estimate of what management believes is realizable as of the date such guidance is provided. Actual results may vary from such guidance and the variations may be material. Investors should also recognize that the
reliability of any forecasted financial data diminishes the farther in the future that the data is forecast. In light of the foregoing, investors should not place undue reliance on our financial guidance, and should carefully consider any guidance
we may publish in context. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The requirements of being a public company may strain our resources, divert management&#146;s attention and affect our
ability to attract and retain qualified board members and officers. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are subject to the reporting requirements of the Exchange Act,
the listing requirements of the Nasdaq Stock Market and other applicable securities rules and regulations. Compliance with these rules and regulations has increased our legal and financial compliance costs, made some activities more difficult,
time-consuming or costly and increased demand on our systems and resources. The Exchange Act requires, among other things, that we file annual, quarterly and current reports with respect to our business and results of operations and maintain
effective disclosure controls and procedures and internal controls over financial reporting. Maintaining our disclosure controls and procedures and internal controls over financial reporting in accordance with this standard requires significant
resources and management oversight. As a result, management&#146;s attention may be diverted from other business concerns, which could harm our business and results of operations. Although we have already hired additional employees to comply with
these requirements, we may need to hire more employees in the future, which will increase our costs and expenses. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to Taxes and Accounting </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our ability to provide our solar service offerings to customers on an economically viable basis depends in part on our ability to finance these systems
with fund investors who seek particular tax and other benefits. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our solar service offerings have been eligible for federal investment
tax credits, U.S. Treasury grants and other tax benefits. We have relied on, and will continue to rely on, tax equity investment funds, which are financing structures that monetize a substantial portion of those benefits, in order to finance our
solar service offerings. If, for any reason, we are unable to continue to monetize those benefits through these arrangements, we may be unable to provide and maintain our solar service offerings for customers on an economically viable basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The availability of this <FONT STYLE="white-space:nowrap">tax-advantaged</FONT> financing depends upon many factors, including: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our ability to compete with other solar energy companies for the limited number of potential fund investors, each
of which has limited funds and limited appetite for the tax benefits associated with these financings; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the state of financial and credit markets; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in the legal or tax risks associated with these financings; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">legislative or regulatory changes or decreases to these incentives including the anticipated step-down of the
Commercial ITC (described below). </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The federal government currently offers an investment tax credit (&#147;Commercial
ITC&#148;) under Section&nbsp;48(a) of the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;), for the installation of certain solar power facilities owned for business purposes. If construction on the facility began before
January&nbsp;1, 2020, the amount of the Commercial ITC available is 30%, if construction began during 2020, 2021, or 2022 the amount of the Commercial ITC available is 26%, and if construction began during 2023 the amount of the Commercial ITC
available is 22%. The Commercial ITC steps down to 10% if construction of the facility begins after December&nbsp;31, 2023 or if the facility is not placed in service before January&nbsp;1, 2026. The depreciable basis of a solar facility is also
reduced by 50% of the amount of any Commercial ITC claimed. The Internal Revenue Service (the &#147;IRS&#148;) provided taxpayers guidance in Notice <FONT STYLE="white-space:nowrap">2018-59</FONT> for determining when construction has begun on a
solar facility. This guidance is relevant for any facilities which we seek to deploy in future years but take advantage of a higher tax credit rate available for an earlier year. For example, we have sought to avail ourselves of the methods set
forth in the guidance to retain the 30% Commercial ITC that was available prior to January&nbsp;1, 2020 by incurring certain costs and taking title to equipment in 2019 or early 2020 and/or by performing physical work on components that will be
installed in solar facilities. From and after 2023, we may seek to avail ourselves of the 26% credit rate by using these methods to establish the beginning of construction in 2020, 2021, or 2022 and we may plan to similarly further utilize the
program in future years if the Commercial ITC step down continues. While we have attempted to ensure that these transactions will comply with the guidance issued by the IRS, this guidance is relatively limited and potentially subject to change.
Either the IRS or our financing partners could challenge whether a facility is properly qualified for the relevant tax credit rate under the guidance, which could either result in lower tax equity advances or trigger indemnification obligations to
our tax equity investors. It is also possible that we will not be able to use all of the equipment purchased or manufactured to satisfy the beginning of construction rules set forth in the guidance. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The federal government also currently offers a personal income tax credit under Section&nbsp;25D of the Code (&#147;Residential Energy
Efficiency Tax Credit&#148;), for the installation of certain solar power facilities owned by residential taxpayers, which is applicable to customers who purchase a solar system outright as opposed to entering into a Customer Agreement. The
Residential Energy Efficiency Tax Credit is currently 26% if the facility is placed in service during 2020, 2021, or 2022 and 22% if placed in service during 2023. The Residential Energy Efficiency Tax Credit is not available for property placed in
service after December&nbsp;31, 2023. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Future reductions in the Commercial ITC and any further legislative reductions or changes to the
Commercial ITC may impact the attractiveness of solar energy to certain tax equity investors and could </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
potentially harm our business. Obtaining tax equity funding (and tax equity funding on advantageous terms) also may become more challenging. Additionally, the benefits of the Commercial ITC have
historically enhanced our ability to provide competitive pricing for customers. Further reductions in, eliminations of, or expirations of, governmental incentives such as the Residential Energy Efficiency Tax Credit could reduce the number of
customers who choose to purchase our solar energy systems. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, potential investors must remain satisfied that the structures
that we offer make the tax benefits associated with solar energy systems available to these investors, which depends on the investors&#146; assessment of the tax law, the absence of any unfavorable interpretations of that law and the continued
application of existing tax law and interpretations to our funding structures. Changes in existing law or interpretations of existing law by the IRS and/or the courts could reduce the willingness of investors to invest in funds associated with these
solar energy systems. Moreover, reductions to the corporate tax rate may have reduced the appetite for tax benefits overall, which could reduce the pool of available funds. Accordingly, we cannot assure you that this type of financing will continue
to be available to us. New investment fund structures or other financing mechanisms may become available, but if we are unable to take advantage of these fund structures and financing mechanisms, we may be at a competitive disadvantage. If, for any
reason, we are unable to finance our solar service offerings through <FONT STYLE="white-space:nowrap">tax-advantaged</FONT> structures or if we are unable to realize or monetize Commercial ITCs or other tax benefits, we may no longer be able to
provide our solar service offerings to new customers on an economically viable basis, which would have a material adverse effect on our business, financial condition and results of operations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If the IRS makes determinations that the fair market value of our solar energy systems is materially lower than what we have claimed, we may have to pay
significant amounts to our fund investors, and our business, financial condition and prospects may be materially and adversely affected. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and our fund investors claim the Commercial ITC or the U.S. Treasury grant in amounts based on the fair market value of our solar energy
systems. We have obtained independent appraisals to determine the fair market values we report for claiming Commercial ITCs and U.S. Treasury grants. With respect to U.S. Treasury grants, the U.S. Treasury Department reviews the reported fair market
value in determining the amount initially awarded, and the IRS may also subsequently audit the fair market value and determine that amounts previously awarded constitute taxable income for U.S. federal income tax purposes. With respect to Commercial
ITCs, the IRS may review the fair market value on audit and determine that the tax credits previously claimed must be reduced. If the fair market value is determined in these circumstances to be less than what we or our tax equity investment funds
reported, we may owe our fund investors an amount equal to this difference (including any interest and penalties), plus any costs and expenses associated with a challenge to that valuation. We could also be subject to tax liabilities, including
interest and penalties. If the IRS further disagrees now or in the future with the amounts we or our tax equity investment funds reported regarding the fair market value of our solar energy systems, it could have a material adverse effect on our
business, financial condition and prospects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We purchased an insurance policy in 2018 insuring us and related parties for additional
taxes owed in respect of lost Commercial ITCs, gross-up costs and expenses incurred in defending the types of claims described above. However, this policy only covers certain investment funds and has negotiated exclusions from, and limitations to,
coverage and therefore may not cover us for all such lost Commercial ITCs, taxes, costs and expenses. Similarly, not all of the investment funds related to Vivint Solar are covered by insurance policies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">One of our investment funds covered by our 2018 insurance policy is currently being audited by the IRS in an audit involving a review of the
fair market value determination of our solar energy systems. If this audit results in an adverse finding, we may be subject to an indemnity obligation to our investor, which may result in certain out-of-pocket costs and increased insurance premiums
in the future. The IRS audit is still ongoing, and we are unable to determine the potential tax liabilities, if any, at this time. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our business currently depends on the availability of utility rebates, tax credits and other benefits,
tax exemptions and exclusions and other financial incentives. We may be adversely affected by changes in U.S. tax laws, and the expiration, elimination or reduction of these benefits could adversely impact our business. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business depends on government policies that promote and support solar energy and enhance the economic viability of owning solar energy
systems. U.S. federal, state and local governmental bodies provide incentives to owners, distributors, installers and manufacturers of solar energy systems to promote solar energy. These incentives include Commercial ITCs and Residential Energy
Efficiency Tax Credit, as discussed above, as well as other tax credits, rebates and solar renewable energy credits (&#147;SRECs&#148;) associated with solar energy generation. Some markets, such as New Jersey and Maryland, currently utilize SRECs.
SRECs can be volatile and could decrease over time as the supply of SREC-producing solar energy systems installed in a particular market increases. For example, in New Jersey, because of the substantial supply of solar energy systems installed, the
state was on the cusp of reaching the solar <FONT STYLE="white-space:nowrap">carve-out</FONT> under the state&#146;s Renewable Portfolio Standard. In May 2018, legislation was enacted to expand New Jersey&#146;s solar
<FONT STYLE="white-space:nowrap">carve-out</FONT> to 5.1% of kilowatt hours of electricity sold in the state. In December 2019, the state regulators adopted a transition program to follow the current SREC program that will be based on a fixed price
SREC model and which is anticipated to be available to replace the current SREC program. We rely on these incentives to lower our cost of capital and to attract investors, all of which enable us to lower the price we charge customers for our solar
service offerings. These incentives have had a significant impact on the development of solar energy but they could change at any time, especially in light of the recent change in administration, as further described below. These incentives may also
expire on a particular date (as discussed above with respect to the Commercial ITC and Residential Energy Efficiency Tax Credit), end when the allocated funding is exhausted, or be reduced, terminated or repealed without notice. The financial value
of certain incentives may also decrease over time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2017, significant tax legislation was enacted, including a change to the
corporate tax rate (the &#147;Tax Act&#148;). As part of the Tax Act, the current corporate income tax rate was reduced, and there were other changes including limiting or eliminating various other deductions, credits and tax preferences. This
reduction in the corporate income tax rate may have reduced appetite for the Commercial ITC and depreciation benefits available with respect to solar facilities. We cannot predict whether and to what extent U.S. the corporate income tax rate will
change under the Biden administration. Further limitations on, or elimination of, such tax benefits could significantly impact our ability to raise tax equity investment funds or impact the terms thereof, including the amount of cash distributable
to our investors. Similarly, any unfavorable interpretations of tax law by the IRS and/or the courts with respect to our financing structures could reduce the willingness of investors to invest in our funds associated with any such structure. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Trump administration overturned and modified policies of, and regulations enacted by, the prior administration that placed limitations on
coal and gas electric generation, mining and/or exploration. Any effort to overturn federal and state laws, regulations or policies that are supportive of solar energy generation or that remove costs or other limitations on other types of energy
generation that compete with solar energy projects could materially and adversely affect our business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business model also relies on
multiple tax exemptions offered at the state and local levels. For example, some states have property tax exemptions that exempt the value of solar energy systems in determining values for calculation of local and state real and personal property
taxes. State and local tax exemptions can have sunset dates, triggers for loss of the exemption, and can be changed by state legislatures and other regulators, and if solar energy systems were not exempt from such taxes, the property taxes payable
by customers would be higher, which could offset any potential savings our solar service offerings could offer. Similarly, if state or local legislatures or tax administrators impose property taxes on third-party owners of solar energy systems,
solar companies like us would be subject to higher costs. For example, South Carolina counties do not currently assess property tax on customer-owned residential solar energy systems; however, third-party-owned systems are subject to business
personal property taxes. In Connecticut, a number of municipalities have assessed property </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
tax on third-party-owned solar energy systems, despite an applicable exemption under state law. In Texas, there is inconsistency between counties on how third-party-owned systems are subjected to
the state solar property tax exemption. California provides an exclusion (the &#147;Solar Exclusion&#148;) from the assessment of California property taxes for qualifying &#147;active solar energy systems&#148; installed as fixtures before
January&nbsp;1, 2025, provided such systems are locally rather than centrally assessed (&#147;Eligible Property&#148;). However, the Solar Exclusion is not a permanent exclusion from the assessment of property tax. Once a change in ownership of the
Eligible Property occurs, the Eligible Property may be subject to reassessment and California property taxes may become due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In general,
we rely on certain state and local tax exemptions that apply to the sale of equipment, sale of power, or both. These state and local tax exemptions can expire or can be changed by state legislatures, regulators, tax administrators, or court rulings
and such changes could adversely impact our business and the profitability of our offerings in certain markets. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>As a result of our acquisition of
Vivint Solar, we may be subject to adverse California property tax consequences. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The State of California provides an exclusion (the
&#147;Solar Exclusion&#148;) from the assessment of California property taxes for qualifying &#147;active solar energy systems&#148; installed as fixtures before January&nbsp;1, 2025, provided such systems are locally rather than centrally assessed
(&#147;Eligible Property&#148;). However, the Solar Exclusion is not a permanent exclusion from the assessment of property tax. Once a change in ownership of the Eligible Property occurs, the Eligible Property may be subject to reassessment and
California property taxes may become due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Vivint Solar, through certain of its subsidiaries, owns solar energy systems that constitute
Eligible Property (the &#147;California PV Systems&#148;). To the extent Vivint Solar or its subsidiaries are considered the tax owners of the California PV Systems for purposes of the California Revenue and Tax Code (&#147;CR&amp;T&#148;), our
acquisition of Vivint Solar would constitute a change of control of the California PV Systems triggering the loss of the Solar Exclusion and the imposition of California property taxes, which could adversely affect our business. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If we are unable to maintain effective disclosure controls and internal controls over financial reporting, investors may lose confidence in the accuracy
and completeness of our financial reports and, as a result, the value of our common stock may be materially and adversely affected. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We
are required, pursuant to the Exchange Act, to furnish a report by management on, among other things, the effectiveness of our internal controls over financial reporting. This assessment includes disclosure of any material weaknesses, if any,
identified by our management in our internal controls over financial reporting. We are continuing to develop and refine our disclosure controls and improve our internal controls over financial reporting. We have expended, and anticipate that we will
continue to expend, significant resources in order to maintain and continuously look for ways to enhance existing effective disclosure controls and procedures and internal controls over financial reporting. Our current controls and any new controls
that we develop may become inadequate because of changes in conditions in our business, including the integration of Vivint Solar, which presents additional complexities relating to the design and implementation of our disclosure controls and
internal control over financial reporting. In addition, we or our independent accounting firm may identify weaknesses and deficiencies that we may not otherwise identify in a timely manner in the future. If we are not able to complete the work
required under Section&nbsp;404 of the Sarbanes-Oxley Act on a timely basis for future fiscal years, our annual report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> may be delayed or deficient. Because of the inherent limitations in all
control systems, no evaluation of controls can provide absolute assurance that misstatements due to error or fraud will not occur or that all control issues and instances of fraud will be detected. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We cannot guarantee that our internal controls over financial reporting will prevent or detect all errors and fraud. The risk of errors is
increased in light of the complexity of our business and investment funds. For example, we must deal with significant complexity in accounting for our fund structures and the resulting allocation of net income (loss) between our stockholders and
noncontrolling interests under the hypothetical </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
liquidation at book value (&#147;HLBV&#148;) method as well as the income tax consequences of these fund structures. As we enter into additional investment funds, which may have contractual
provisions different from those of our existing funds, the analysis as to whether we consolidate these funds, the calculation under the HLBV method, and the analysis of the tax impact could become increasingly complicated. This additional complexity
could require us to hire additional resources and increase the chance that we experience errors in the future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we are unable to assert
that our internal controls over financial reporting is effective, we could lose investor confidence in the accuracy and completeness of our financial reports, which would cause the price of our common stock to decline. In addition, we could become
subject to investigations by Nasdaq, the SEC or other regulatory authorities, which could require additional management attention and which could adversely affect our business. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our reported financial results may be affected, and comparability of our financial results with other companies in our industry may be impacted, by changes
in the accounting principles generally accepted in the United States. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Generally accepted accounting principles in the United States
are subject to change and interpretation by the Financial Accounting Standards Board (&#147;FASB&#148;), the SEC, and various bodies formed to promulgate and interpret appropriate accounting principles. A change in these principles or
interpretations could have a significant effect on our reported financial results and on the financial results of other companies in our industry, and may even affect the reporting of transactions completed before the announcement or effectiveness
of a change. For example, in June 2016 the FASB issued Accounting Standards Update <FONT STYLE="white-space:nowrap">No.&nbsp;2016-13,</FONT> <I>Measurement of Credit Losses on Financial Instruments </I>(&#147;ASU
<FONT STYLE="white-space:nowrap">No.&nbsp;2016-13&#148;),</FONT> which replaces the current incurred loss impairment methodology with a current expected credit losses model. Other companies in our industry may be affected differently by the adoption
of ASU <FONT STYLE="white-space:nowrap">No.&nbsp;2016-13</FONT> or other new accounting standards, including timing of the adoption of new accounting standards, adversely affecting the comparability of financial statements. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of December&nbsp;31, 2019, we had U.S. federal and state net operating loss carryforwards (&#147;NOLs&#148;) of approximately
$0.7&nbsp;billion and $1.3&nbsp;billion, respectively, and investment tax credits of approximately $18.9&nbsp;million which begin expiring in varying amounts in 2028, 2024 and 2028, respectively, if unused. Our U.S. federal and certain state NOLs
generated in tax years beginning after December&nbsp;31, 2017 total approximately $0.5&nbsp;billion and $0.1&nbsp;billion, respectively, have indefinite carryover periods, and do not expire. Under Sections 382 and 383 of the Code, if a corporation
undergoes an &#147;ownership change,&#148; the corporation&#146;s ability to use its <FONT STYLE="white-space:nowrap">pre-change</FONT> NOLs and other <FONT STYLE="white-space:nowrap">pre-change</FONT> tax assets, such as tax credits, to offset its
post- change income and taxes may be limited. In general, an &#147;ownership change&#148; occurs if there is a cumulative change in our ownership by &#147;5% shareholders&#148; that exceeds 50 percentage points over a rolling three-year period.
Similar rules may apply under state tax laws. Additionally, states may impose other limitations on the use of NOLs and tax credit carryforwards. For example, California has recently imposed other limitations on the use of NOLs and limited the use of
certain tax credits for taxable years beginning in 2020 through 2022. Any such limitations on our ability to use our NOLs and other tax assets could adversely impact our business, financial condition and results of operations. We have performed an
analysis to determine whether an ownership change under Section&nbsp;382 of the Code had occurred and determined that no ownership changes were identified as of December&nbsp;31, 2019. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We may be required to record an impairment expense on our goodwill or intangible assets. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are required under generally accepted accounting principles to test goodwill for impairment at least annually or when events or changes in
circumstances indicate that the carrying amount may be impaired, and to review our intangible assets for impairment when events or changes in circumstances indicate the carrying value may not be recoverable. Factors that can lead to impairment of
goodwill and intangible assets include significant adverse changes in the business climate and actual or projected operating results, declines in the financial condition of our business and sustained decrease in our stock price. Since our annual
impairment test of goodwill for the fiscal year ended December&nbsp;31, 2020, we have not identified any qualitative factors that would require a quantitative goodwill impairment analysis. However, if we identify any factors that could indicate an
impairment, including a sustained decrease in our stock price, we may be required to record charges to earnings if our goodwill becomes impaired. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Risks Related to Our Common Stock </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our executive officers, directors and principal stockholders continue to have substantial control over us, which will limit your ability to influence the
outcome of important matters, including a change in control. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of our executive officers, directors and each of our stockholders
who beneficially own 5% or more of our outstanding common stock and their affiliates, in the aggregate, beneficially own approximately 36.3% of the outstanding shares of our common stock, based on the number of shares outstanding as of
September&nbsp;30, 2020. As a result, these stockholders, if acting together, will be able to influence or control matters requiring approval by our stockholders, including the election of directors and the approval of mergers, acquisitions or other
extraordinary transactions. They may also have interests that differ from yours and may vote in a way with which you disagree and which may be adverse to your interests. This concentrated control may have the effect of delaying or preventing a
change in control of our company, could deprive our stockholders of an opportunity to receive a premium for their capital stock and might ultimately affect the market price of our common stock. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The market price of our common stock has been and may continue to be volatile, and you could lose all or part of your investment in our common stock.
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The trading price of our common stock has been volatile since our initial public offering, and is likely to continue to be volatile.
Factors that could cause fluctuations in the market price of our common stock include the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">price and volume fluctuations in the overall stock market from time to time; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">volatility in the market prices and trading volumes of companies in our industry or companies that investors
consider comparable; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in operating performance and stock market valuations of other companies generally, or those in our
industry in particular; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">sales of shares of our common stock by us or our stockholders; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">failure of securities analysts to maintain coverage of us, changes in financial estimates by securities analysts
who follow us, or our failure to meet these estimates or the expectations of investors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the financial projections we may provide to the public, any changes in those projections or our failure to meet
those projections; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">announcements by us or our competitors of new products or services; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the public&#146;s reaction to our press releases, other public announcements and filings with the SEC;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">rumors and market speculation involving us or other companies in our industry; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">actual or anticipated changes in our results of operations; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the continued adverse impact of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in tax and other incentives that we rely upon in order to raise tax equity investment funds;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">actual or perceived privacy or data security incidents; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our ability to protect our intellectual property and other proprietary rights; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in the regulatory environment and utility policies and pricing, including those that could reduce any
savings we are able to offer to customers; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">actual or anticipated developments in our business, our competitors&#146; businesses or the competitive landscape
generally; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">litigation involving us, our industry or both, or investigations by regulators into our operations or those of
our competitors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">announced or completed acquisitions of businesses or technologies by us or our competitors;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">new laws or regulations or new interpretations of existing laws or regulations applicable to our business;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in accounting standards, policies, guidelines, interpretations or principles; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">major catastrophic events; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">negative publicity, including accurate or inaccurate commentary or reports regarding us, our products, our sales
professionals or other personnel, or other third parties affiliated with us, on social media platforms, blogs and other websites; </P></TD></TR></TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">any significant change in our management; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">general economic conditions and slow or negative growth of our markets. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Further, the stock markets have experienced price and volume fluctuations that have affected and continue to affect the market prices of
equity securities of many companies. These fluctuations often have been unrelated or disproportionate to the operating performance of those companies. In addition, the stock prices of many renewable energy companies have experienced fluctuations
that have often been unrelated to the operating performance of those companies. These broad market and industry fluctuations, as well as general economic, political and market conditions such as recessions, government shutdowns, interest rate
changes, or international currency fluctuations, may cause the trading price of the notes and our common stock to decline. In the past, following periods of volatility in the overall market and the market price of a particular company&#146;s
securities, securities class action litigation has often been instituted against these companies. We are party to litigation that could result in substantial costs and a diversion of our management&#146;s attention and resources. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Sales of a substantial number of shares of our common stock in the public market, including by our existing stockholders, could cause our stock price to
fall. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Sales of a substantial number of shares of our common stock in the public market, or the perception that these sales might
occur, could depress the market price of our common stock and could impair our ability to raise capital through the sale of additional equity securities. We are unable to predict the effect that these sales and others may have on the prevailing
market price of our common stock. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, certain of our stockholders, including SK E&amp;S Co., Ltd. and other affiliated companies
as well as stockholders who received shares as a result of our acquisition of Vivint Solar, have registration rights that would require us to register shares of our capital stock owned by them for public sale in the United States. We have also filed
a registration statement to register shares of our common stock reserved for future issuance under our equity compensation plans, including shares underlying equity awards assumed in connection with our acquisition of Vivint Solar. Subject to the
satisfaction of applicable exercise periods and applicable volume and restrictions that apply to affiliates, the shares of our common stock issued upon exercise of outstanding options will become available for immediate resale in the public market
upon issuance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Future sales of our common stock may make it more difficult for us to sell equity securities in the future at a time and
at a price that we deem appropriate. These sales also could cause the market price of our common stock to decline and make it more difficult for you to sell shares of our common stock. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Anti-takeover provisions contained in our amended and restated certificate of incorporation and amended and restated bylaws, as well as provisions of
Delaware law, could impair a takeover attempt. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our amended and restated certificate of incorporation, amended and restated bylaws and
Delaware law contain provisions that could have the effect of rendering more difficult, delaying, or preventing an acquisition deemed undesirable by our board of directors and therefore depress the trading price of our common stock. Among other
things, our amended and restated certificate of incorporation and amended and restated bylaws include provisions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">creating a classified board of directors whose members serve staggered three-year terms; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">authorizing &#147;blank check&#148; preferred stock, which could be issued by our board of directors without
stockholder approval and may contain voting, liquidation, dividend and other rights superior to our common stock; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">limiting the liability of, and providing indemnification to, our directors and officers; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">limiting the ability of our stockholders to call and bring business before special meetings;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">requiring advance notice of stockholder proposals for business to be conducted at meetings of our stockholders
and for nominations of candidates for election to our board of directors; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">controlling the procedures for the conduct and scheduling of board of directors and stockholder meetings.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These provisions, alone or together, could delay or prevent hostile takeovers and changes in control or changes in our
management. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a Delaware corporation, we are also subject to provisions of Delaware law, including
Section&nbsp;203 of the Delaware General Corporation law, which prevents certain stockholders holding more than 15% of our outstanding capital stock from engaging in certain business combinations without approval of the holders of at least <FONT
STYLE="white-space:nowrap">two-thirds</FONT> of our outstanding capital stock not held by such stockholder. Any provision of our amended and restated certificate of incorporation, amended and restated bylaws or Delaware law that has the effect of
delaying or preventing a change in control could limit the opportunity for our stockholders to receive a premium for their shares of our capital stock and could also affect the price that some investors are willing to pay for our common stock. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Provisions contained in our amended and restated certificate of incorporation and amended and restated bylaws limit the ability of our stockholders to call
special meetings and prohibit stockholder action by written consent. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our amended and restated certificate of incorporation provides
that our stockholders may not take action by written consent. Instead, any such actions must be taken at an annual or special meeting of our stockholders. As a result, our stockholders are not able to take any action without first holding a meeting
of our stockholders called in accordance with the provisions of our amended and restated bylaws, including advance notice procedures set forth in our amended and restated bylaws. Our amended and restated bylaws further provide that special meetings
of our stockholders may be called only by a majority of our board of directors, the chairman of our board of directors, our Chief Executive Officer or our President. As a result, our stockholders are not allowed to call a special meeting. These
provisions may delay the ability of our stockholders to force consideration of a stockholder proposal, including a proposal to remove directors. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Provisions contained in our amended and restated certificate of incorporation and amended and restated bylaws could preclude our stockholders from bringing
matters before meetings of stockholders and delay changes in our board of directors. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our amended and restated bylaws provide advance
notice procedures for stockholders seeking to bring business before, or nominate candidates for election as directors at, our annual or special meetings of stockholders. In addition, our amended and restated certificate of incorporation provides
that stockholders may remove directors only for cause. Any amendment of these provisions in our amended and restated bylaws or amended and restated certificate of incorporation would require approval by holders of at least 66 2/3% of our then
outstanding capital stock. These provisions could preclude our stockholders from bringing matters before annual or special meetings of stockholders and delay changes in our board of directors. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our amended and restated bylaws provide that a state or federal court located within the State of Delaware will be the sole and exclusive forum for
substantially all disputes between us and our stockholders, which could limit our stockholders&#146; ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our amended and restated bylaws provide that, unless we consent to the selection of an alternative forum, the sole and exclusive forum for
(i)&nbsp;any derivative action or proceeding brought on our behalf, (ii)&nbsp;any action asserting a claim of breach of fiduciary duty owed by any of our directors, officers or other employees to us or to our stockholders, (iii)&nbsp;any action
asserting a claim arising pursuant to any provision of the Delaware General Corporation Law or (iv)&nbsp;any action asserting a claim governed by the internal affairs doctrine shall be a state or federal court located within the state of Delaware,
in all cases subject to the court&#146;s having personal jurisdiction over the indispensable parties names as defendants. The choice of forum provision may limit a stockholder&#146;s ability to bring a claim in a judicial forum that it finds
favorable for disputes with us or our directors, officers or other employees, which may discourage such lawsuits against us and our directors, officers and other employees. In addition, our amended and restated bylaws also provide that, unless we
consent to the selection of an alternative forum, to the fullest extent permitted by law, the federal district courts of the United States of America shall be the sole and exclusive forum for the resolution of any complaint asserting a cause of
action arising under the Securities Act. If a court were to find the choice of forum provisions contained in our amended and restated bylaws to be inapplicable or unenforceable in an action, we may incur additional costs associated with resolving
such action in other jurisdictions, which could harm our business, results of operations and financial condition. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If securities or industry analysts
cease publishing research or reports about us, our business, our market or our competitors, or if they adversely change their recommendations regarding our common stock, the market price of our common stock and trading volume could decline. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The market for our common stock is influenced by the research and reports that securities or industry analysts publish about us, our business,
our market or our competitors. If any of the analysts who cover us </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
adversely change their recommendations regarding our common stock, or provide more favorable recommendations about our competitors, the market price of our common stock would likely decline. If
any of the analysts who cover us cease coverage of our company or fail to regularly publish reports on us, we could lose visibility in the financial markets, which in turn could cause the market price of our common stock and trading volume to
decline. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>We do not expect to declare any dividends in the foreseeable future. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We do not anticipate declaring any cash dividends to holders of our common stock in the foreseeable future. In addition, our credit agreements
contain restrictions on payments of cash dividends. Consequently, investors may need to rely on sales of our common stock after price appreciation, which may never occur or only occur at certain times, as the only way to realize any future gains on
their investment. Investors seeking cash dividends should not purchase shares of our common stock. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional issuances of our capital stock or
equity-linked securities could result in dilution to our stockholders. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may issue additional equity securities to raise capital,
make acquisitions or for a variety of other purposes. For example, we recently completed the acquisition of Vivint Solar, in which we issued 0.55 shares of our common stock for each share of Vivint Solar common stock owned prior to the acquisition,
resulting in dilution to Sunrun stockholders. Additional issuances of our capital stock may be made pursuant to the exercise or conversion of new or existing convertible debt securities, warrants, stock options or other equity incentive awards to
new and existing service providers. Any such issuances will result in dilution to existing holders of our stock. We also rely on equity-based compensation as an important tool in recruiting and retaining employees. The amount of dilution due to
equity-based compensation of our employees and other additional issuances of our common stock or securities convertible into or exchangeable or exercisable for our common stock could be substantial, and the market price of our common stock could
decline. </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>5
<FILENAME>run-20210125.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2020-7 Build:20201110.1 -->
<!-- Creation date: 1/25/2021 4:21:02 PM Eastern Time -->
<!-- Copyright (c) 2021 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<xsd:schema
  xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric"
  xmlns:num="http://www.xbrl.org/dtr/type/numeric"
  xmlns:us-types="http://fasb.org/us-types/2019-01-31"
  xmlns:run="http://www.sunrun.com/20210125"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:xbrli="http://www.xbrl.org/2003/instance"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
  xmlns:sic="http://xbrl.sec.gov/sic/2011-01-31"
  attributeFormDefault="unqualified"
  elementFormDefault="qualified"
  targetNamespace="http://www.sunrun.com/20210125"
  xmlns:xsd="http://www.w3.org/2001/XMLSchema">
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance" />
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/linkbase" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd" namespace="http://xbrl.sec.gov/dei/2019-01-31" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/numeric" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/non-numeric" />
    <xsd:import schemaLocation="http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd" namespace="http://xbrl.sec.gov/sic/2011-01-31" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd" namespace="http://xbrl.sec.gov/naics/2017-01-31" />
    <xsd:import schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" namespace="http://xbrl.org/2005/xbrldt" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="run-20210125_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:title="Label Links, all" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="run-20210125_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:title="Presentation Links, all" xlink:type="simple" />
      <link:roleType roleURI="http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation" id="Role_DocumentDocumentAndEntityInformation">
        <link:definition>100000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>run-20210125_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2020-7 Build:20201110.1 -->
<!-- Creation date: 1/25/2021 4:21:02 PM Eastern Time -->
<!-- Copyright (c) 2021 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
  xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation State Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine2" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Two</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Issuer Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security 12b Title</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security 12b Title</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>run-20210125_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2020-7 Build:20201110.1 -->
<!-- Creation date: 1/25/2021 4:21:02 PM Eastern Time -->
<!-- Copyright (c) 2021 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
    xmlns:link="http://www.xbrl.org/2003/linkbase"
    xmlns:xlink="http://www.w3.org/1999/xlink"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
    xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="run-20210125.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple" />
  <link:presentationLink xlink:type="extended" xlink:role="http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag" order="22.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey" order="23.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType" order="25.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate" order="26.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName" order="27.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode" order="28.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber" order="29.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber" order="30.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" order="31.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine2" order="32.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" order="33.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" order="34.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" order="35.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" order="36.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber" order="37.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications" order="38.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial" order="39.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" order="40.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" order="41.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" order="42.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" order="43.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" order="44.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" order="45.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g116482g0125092433657.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g116482g0125092433657.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  K *T# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#W^HKBZM[2
M/S+F>.%/[TC!1^M2UXK?37GBWQB;22X\M7E:.,,?E11GM]!^==V!P?UF4G)V
MC%7;.+&XSZLHJ*O*3LD>KQ^(='E?8FIVI8]!Y@%:0(905((/((KS6X^%C+ 6
MM=1S,!P'7 )_I71^"='U/2--D349V;<WR0DY\L?7WJ\1A\+&GST:EWV:(P^(
MQ4JG)6IV\TSH)[ZTM7"7%U!"Q&0)) I(_&IU970,C!E(R"#D&O)_B@2/$-K@
M_P#+N/\ T(UZ3H7_ " ;#_K@G\JBO@U2P].M?XBJ&+=7$3HV^$M3WEK:[?M%
MS##NZ>8X7/YT^.6.:,212+(C=&4Y!_&O.?BJ2#I^#V:NJ\&?\BG8$_W**F#4
M,+#$7^)[!3Q;GBI4+;+?[C=DDCB0O(ZH@ZLQP!5 :]I!DV#4[3=TQYR_XUY7
MX@U74/%/B3[!;.WE>9Y<,8.!]36E)\+;Y+8R)?Q-,!G9L(R?3.:[%EM"E&/U
MFIRM]#E>8UJDI?5Z?,EU/4E=74,C!E/0@Y!I:\C\#ZY>:9KZZ3<NQAE<QE&.
M=K>HKU/4+Q;#3KB[?E8D+5Q8O!3P]54[WOMYG9A,9'$4G4M:VX^XNK>T3?<3
MQ0KZR.%'ZU#:ZMIU[+Y5K>P328SM20$UX[;0:KXXUR0&;GEF+'Y8U^E=WX8\
M#/X?U07KWRS80KM"8Z_C73B,!0P\&JE3W[;6.6ACZ^(FG3I^Y?>YU4NH64$O
ME37EO')_=>50?R)JR"",CD&O'/'9/_":GGLE>O6W_'K#_N#^5<^*P:H4J=1.
M_,CHPN+=:K4IM6Y6,GOK.U8+<74$+$9 DD"D_G4ZNKHKHP96&00<@BO*/B@2
M-=ML'_EB/YFO1=%<1>&K&1ONK:H3_P!\BG7P:IX>G63OS!1Q;J8BI2:MRE^:
M>&WC,D\J1(.K.P _6J<>O:1+)L34K1F/0"9:\CN;K4_&_B/R(I#M=CY:$X6-
M!_\ 6K6O/AC?6UFTT%['-*B[O+"E<_0YKL_LRA2M'$5>63Z''_:5>K>5"G>*
MZGJH((R#D'H:#7F'PX\07/\ :)T>XD9XI%)BW'.QAR0/;&:]/->=C,++"U73
MEJ>AA,5'$TO:1T%KS#Q5X'OXM3EU/2 75W\PHAPR-U./:O3))%AB>5SA$4LQ
M] *XZQ^)&EW%]-!<JUO&&Q%(1D,/?TK?+Y8FG*52A&Z6YCF$<-4C&G7E9O8Y
M.S\=>(-(<0WJ&95X*S+@_G7HOASQ-:>([5GA!CFCQYD3=1_]:LK7_$'A:[TJ
M<3SV]RQ0A%09;..,>E<Q\,(I3KMU*@/D+"0WIDD8_D:[Z]&EB,-.LZ?)*/W,
MX*-6KA\3"BJG/&7X#?BA_P C#:_]>X_]"->DZ%_R ;#_ *X)_*N ^*5E*+VS
MO@I,9C\LGT()/]:U_#?CG21HMO!>3>1/"@1@PX..XJ<12G6R^DZ:O;>Q5"K"
MCCZOM':_<S?BKUT_Z-75>#O^1/LO^N5>=^./$-OXAU&"*Q#/%"-H;'WB?2O3
M?#MG)8>&K.VE&)%A&X>AQ2QD'2P%*G/1WV^\K"257'U:D-5;?[CR[P?_ ,CU
M'_UT?^M>T5XQX._Y'J/_ *Z/_6O9ZC//X\?1%9)_!EZ_Y'B\?'Q)&/\ G[KT
M[Q;_ ,BIJ/\ UQ->8I_R4D?]?=>G>+?^14U'_KB:VS#^/A_1?F8X#^!7]7^1
MQ7PK_P"/V_\ ^N8_G7I]>8?"O_C\O_\ KF/YUZ?7'G'^^2^7Y'9E'^Z1^?YG
MC?CS_D=3]$KU^V_X]8?]P?RKRCXCVDMMXDCO-I\N5%*GW'6NNTKQ[HLNFPFX
MN/)F1 '1E/4#M75C:,ZV$H2IJ]ET.7!U84<76C4=KOK\SE/BA_R';;_KB/YF
MN^L_^1+@_P"O$?\ H%>7>*]77Q/XC0V2,T8 BCXY;GKC\:]8-N;3PQ]F;[T5
MIL/U"XHQT73PU"G+1A@I*IB:]2.J/-?AG_R,\G_7%OZ5ZZWW3]*\B^&?_(SR
M?]<&_F*]=;[I^E8YW_O?R1MDO^Z_-GC/@SCX@6X']^7_ -!:O9C7C/@W_DH%
MO_OR_P#H+5[,:K//X\?\*_-DY)_ E_B?Y(7J,&N4U;X?Z/J4S31A[61CD^5]
MT_A7545Y5&O5HRYJ<K,]2M0IUERU(W."B^%E@L@,M_,Z?W0@7]<FNQTO2;+1
MK06UE"(TZD]V/J35RBM*^,KUU:I*Z,Z.#H4'>G&S(+VQMM1M7MKN)987ZJ:X
MVX^%^ER2%H;J>)2?ND!O\*[FBE0Q=>AI3E8=;"T:^M2-SF=&\"Z1I$ZW 5[B
M93E6EZ*?85TQ&01ZT45%6O4K2YJCNRZ5&G1CRTU9',:9X&L-+U==1BGF:56+
M;6QCFNHI***M>I6?-4=V%*C3HKEIJR.8'@:P&N_VKY\WG>9YFWC&:WM2L8]3
MTZ>RE9E29=I*]15FBG/$59N,I2NUL*&'I03C%63W,'P]X4L_#DLTEM+*YE7:
M=^*WZ2BIJU9U9<\W=E4J4*4>2"LBIJ6E6>KVIMKV$21GIZ@^H-<A+\+M-:3,
M=Y.BY^Z0#^M=U16M'&5Z"M3DTC*MA*%9WJ1NSG]$\&Z5H<HFA1I;@=))3G'T
M':MV>%;BWDA8D*ZE21[T^BLZE:I4ESS=V:TZ-.G'D@K(YO0?!=CH%^UY;S3.
MY0KA\8YKI3R,4E%%6M4K2YZCNQ4J-.C'EIJR.8TOP-8:5K*:G#/.TJ%B%;&.
901_6NG-%%%:O4K/FJ.["E1IT5RTU9'__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>d116482d8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="run-20210125.xsd" xlink:type="simple"/>
    <context id="duration_2021-01-25_to_2021-01-25">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001469367</identifier>
        </entity>
        <period>
            <startDate>2021-01-25</startDate>
            <endDate>2021-01-25</endDate>
        </period>
    </context>
    <dei:AmendmentFlag contextRef="duration_2021-01-25_to_2021-01-25">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="duration_2021-01-25_to_2021-01-25"
      id="Hidden_dei_EntityCentralIndexKey">0001469367</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="duration_2021-01-25_to_2021-01-25">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="duration_2021-01-25_to_2021-01-25">2021-01-25</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="duration_2021-01-25_to_2021-01-25">Sunrun Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="duration_2021-01-25_to_2021-01-25">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="duration_2021-01-25_to_2021-01-25">001-37511</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="duration_2021-01-25_to_2021-01-25">26-2841711</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="duration_2021-01-25_to_2021-01-25">225 Bush Street</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="duration_2021-01-25_to_2021-01-25">Suite 1400</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="duration_2021-01-25_to_2021-01-25">San Francisco</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="duration_2021-01-25_to_2021-01-25">CA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="duration_2021-01-25_to_2021-01-25">94104</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="duration_2021-01-25_to_2021-01-25">(415)</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="duration_2021-01-25_to_2021-01-25">580-6900</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="duration_2021-01-25_to_2021-01-25">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="duration_2021-01-25_to_2021-01-25">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="duration_2021-01-25_to_2021-01-25">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="duration_2021-01-25_to_2021-01-25">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="duration_2021-01-25_to_2021-01-25">Common Stock, par value $0.0001 per share</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="duration_2021-01-25_to_2021-01-25">RUN</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="duration_2021-01-25_to_2021-01-25">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="duration_2021-01-25_to_2021-01-25">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.4</span><table class="report" border="0" cellspacing="2" id="idm140351020802856">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Jan. 25, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001469367<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jan. 25,  2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Sunrun Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation State Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-37511<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">26-2841711<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">225 Bush Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 1400<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">San Francisco<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">94104<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(415)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">580-6900<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre Commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre Commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">Common Stock, par value $0.0001 per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">RUN<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>11
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M8H?X6R[E/R56U'LHI-P,IC02168Y(CC]X,%</),O4F2)SY/U#EO'IR2]H_N
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MCVG.D4*NU"P>-8?20$3;8T.P6BP^0"X99K>]9!:G<Z17B%S7G:4]VR]/06^
MKSI,<4)I2$LS#O#-TG\R]_,,-47E2B.56QIXT^7^=N!)T:$B6!::1<G3HAVE
M?QW']I#3Z:]C(K1Z6^CY<6A4"H[<8R6,<6*T_C6"R0_L?@!02P,$%     @
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M6@L5!K!O<B )+LF5&U)=Z7FFMW>3>TFH=>Y!L/?P&HT=S8\?M_P!4$L#!!0
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ML;S63AI_YHOA/UY_ 5!+ 0(4 Q0    ( 'HY.5('04UB@0   +$    0
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MA@P  'AL+W-T>6QE<RYX;6Q02P$"% ,4    " !Z.3E2EXJ[',     3 @
M"P              @ &%#@  7W)E;',O+G)E;'-02P$"% ,4    " !Z.3E2
M'#AEZC\!   \ @  #P              @ %N#P  >&PO=V]R:V)O;VLN>&UL
M4$L! A0#%     @ >CDY4B0>FZ*M    ^ $  !H              ( !VA
M 'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QS4$L! A0#%     @ >CDY4F60
M>9(9 0  SP,  !,              ( !OQ$  %M#;VYT96YT7U1Y<&5S72YX
8;6Q02P4&      D "0 ^ @  "1,

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.4</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="d116482d8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>100000 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="d116482d8k.htm">d116482d8k.htm</File>
    <File>d116482dex991.htm</File>
    <File>d116482dex992.htm</File>
    <File>d116482dex993.htm</File>
    <File>run-20210125.xsd</File>
    <File>run-20210125_lab.xml</File>
    <File>run-20210125_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2019-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>16
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "d116482d8k.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "inline": {
     "local": [
      "d116482d8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "run-20210125_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "run-20210125_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "run-20210125.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd",
      "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 24,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2019-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "run",
   "nsuri": "http://www.sunrun.com/20210125",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d116482d8k.htm",
      "contextRef": "duration_2021-01-25_to_2021-01-25",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "100000 - Document - Document and Entity Information",
     "role": "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation",
     "shortName": "Document and Entity Information",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d116482d8k.htm",
      "contextRef": "duration_2021-01-25_to_2021-01-25",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]",
        "terseLabel": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two",
        "terseLabel": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation State Country Code",
        "terseLabel": "Entity Incorporation State Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre Commencement Issuer Tender Offer",
        "terseLabel": "Pre Commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre Commencement Tender Offer",
        "terseLabel": "Pre Commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Security 12b Title",
        "terseLabel": "Security 12b Title"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.sunrun.com//20210125/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>17
<FILENAME>0001193125-21-015414-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-21-015414-xbrl.zip
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M<-YX^9EY^?@UVV]71M<W\5J_>L6L2H, ?%O$1J:.P_Q.@=YP*/F=?:=!;)
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M$5A/9+CC,^?:2.6E%23W\9;\)NN[XCT([9-=2!XJ09;(M80-)GC7$Z(%:1A
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M)PFYP8"@609'M3D!HBKWN*F#8F .:"B.RR/FH6$7PSMTWR&%K\JI&/4YP"8
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M02,+BKVD0#Z51>Z=J=N9F6F%*,W&7<)T[A6&** RFJZV:\'0!C]DTKY !7^
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M-P-^M +6GP-!/.#^_=:+K8WMS<Y.@7%7TTSXR,7Q[_B2_]<%_P902P,$%
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M>7?>OYX1ST@ZL6D+^/1 Z8GAQ5JWO;<)Y'2V:5V7%<@RG;%$(">4SS?5\IB
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MN\.Q"._"<N0;I.U6O-BWL$IOW.9^$VI:7)K[V:ZF#R;>@;TJ\^7$C:*U(,_
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MQPXWU4[*D0T)R#FS<I?*$5U=D0=\,F!/#+I$_6*5I7%9=![9/DG:A%.*_"$
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M"/<&-,EJS52A6A6U!L]CJ/>NS E8[FZLI?H(K]D:JXB[=P1!3H=$I.Q1\5U
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M4IGN4XMT14]@TBQP10>^=3<!.R('&T8RK-S%D>+^UN7B=WI:\[CR+4]JM$?
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MD1 M*)#>9(>5<D]II?XFE#5028(GX1 2_4_85DL,GAW#T'5M5_5;WW!]4AI
MF\TR9Y+52$6Z",Z-2,V+T)[%XG'#:XZ-=-T$LT;L)W:8/<0*W/B"IR]_>/'L
M[/$?[=DVQ8)9YRXE>T:OV0$> Z$+*U?C'36F5,$+*8AX.F@_8'%T V0R!YC6
M)%;+S2\<H?42T[-YG2A7?5HIN8-U**KU[3'K7SBDZ=2GXYAT >XY1U%;6^C$
M0851H)N#'%3^6FP(1")Q0:/8@$MBUPF<1: FX\#7P'2Y\7%7 E6422:^%<>Y
MK+FI6D+K@<!H$UD5OV_8EWH]"/ X17 %B2?.<T;IO1E)X10=H#"]':&*T?U!
MZQWE=W&P+$;Y*?+DWELKE*YZ'/R;=GQR%)!SL\[$"8BF#A-9/1RPD@E+,30&
MXU$W"+%HA8D)#"Z<+!MPT<*QX>:4QMZ:O4%C<.DVN7;\=Y#?>=(;B'@+% RL
MNAA>B@U%A=$SU4QJ_DX5_^D)W$W);B:TM?S&N4D+ 5UC=[NQB9?T(N72LOLW
MXQERAKN7.]BM2!-K2N&@$=_[!1G=-7ZT2^]=8DVTAR/"&$MX_CZ+[5%=L-!C
M+E$#\YHAL%"V9(O)2M]*FD$/ED#Q^^@%&%9"*B@8/GZ)2,8<YC^+[L9VY&0.
MU-P#.@:.)*$M+(?&G3"'GL@PL%8LJ183P.ULH:D>,%X7Q#D73"C A?MJ\&'?
M:/A:=2X!,Q>(MJ"U%;%,T#9S T?)TO&1K^%[2;$C*?4P2&6OS44(QMBU[8^.
MR0A;%3R@<: $1[3:CXS5,B:-U&C9X1W:L5#'H96G *G9>Z7U1B2C= <TY]A
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MA0+.N,M(!*D"E;U3/D,5-]-661KNH#8_N]%7K4ON)?"W%D4FOFZ)?5GD=32
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M;Q]B24;<B/9=24A0GTM0;P%^(RK0\=]6(YN36+/@2=@'?BWKH6(BW5%+"S<
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M)FTG0O=EFN8=(KN. =3!AMV4\61,$779F0'S*J&TJ/R4"(RGM"PWJM$X(0?
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M901>=XR\-(?O'(I(!(]6YJ_]B;Z*)_I/?**?A]\+?=#KJS\]%[H@%L"PCTP
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MOI#%EV$K2XO\/NTB86H G.^;%766JZ^;?+,L9U$R'KM:F76\0WFHC^1P[:Y
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M*$&4?"!^(EW*H55A5+V4 PJJ);V6W"YXN8IX0"[L #9*?3!X[Z?@O(C,\61
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M!&W(H9?CVI+"SSY(&_0_%(C4^F_X)MQKAV^MR)SA@XMLO?,8"S:@=NYIL)]
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M&B7KKKO46L%;8ENQL(QHN!,,_N+U7UY]<_'T2X6"4Z.78EW.QCMT%+X3 ]8
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MC[0B#!?US0XR:@S_O&-X#)O<06.]_N;_A3_^Z>WWW_WA_P-02P,$%     @
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M7/]-L0&Z$EPSK)5-:S8, _ ,+VT.P,AU $8O;@!&M@,P:F, 1M]N *9KWMH
M(-FP'H!:+^@#,%&;UV+*U^Q9^)?37P+\!CLF]!_#T,!_*MD2]KH,< &Z$"[R
MV ;J@+=S@0Y[^C/SM;@1_(&RL.&MGRJ-EX!]E3$3^T]BT0; J-O2%&0W/Q1
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MEYI[+##OX*[/F'_FC5(L^0M02P$"% ,4    " !Z.3E2$,,KL800  #I;@
M#@              @ $     9#$Q-C0X,F0X:RYH=&U02P$"% ,4    " !Z
M.3E2WG69:/82  #!0   $0              @ &P$   9#$Q-C0X,F1E>#DY
M,2YH=&U02P$"% ,4    " !Z.3E295=-=B *  !](   $0
M@ '5(P  9#$Q-C0X,F1E>#DY,BYH=&U02P$"% ,4    " !Z.3E2.@LD] '-
M  #7[0, $0              @ $D+@  9#$Q-C0X,F1E>#DY,RYH=&U02P$"
M% ,4    " !Z.3E2A&P")F$#   =#   $               @ %4^P  <G5N
M+3(P,C$P,3(U+GAS9%!+ 0(4 Q0    ( 'HY.5+<MJ]W@@8  $E'   4
M          "  >/^  !R=6XM,C R,3 Q,C5?;&%B+GAM;%!+ 0(4 Q0    (
M 'HY.5+\S:5:Q 0  ,HL   4              "  9<% 0!R=6XM,C R,3 Q
@,C5?<')E+GAM;%!+!08     !P ' +L!  "-"@$    !

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
