Residential solar company Sunrun (Nasdaq:RUN) announced that it is opening its newest corporate office in Denver, Colorado.
The company plans to up to 800 workers over the next few years. The new office in in downtown Denver will become operational before the end of 2015.
Sunrun made a notable growth over the past year, with the company’s customers surpassing 100,000.
The “new office expands the company’s geographic footprint nationwide to support consumer demand for home solar into 2016,” Sunrun said in a statement.
Sunrun further said that it helped local homeowners in Colorado save more than $4.3 million on their electric bills since 2007.
Sunrun is the first company to introduce solar as a service to American homeowners. The company support Colorado’s cleantech industry by offering employment opportunities in operations, project planning and design engineering.
“We already know that Colorado homeowners love solar and that Colorado has a highly skilled workforce. Our fast-growing industry also has support from Colorado’s elected leaders through strong in-state and federal solar policies like the solar Investment Tax Credit (ITC),” states Lynn Jurich, chief executive officer of Sunrun. “That’s why we’re thrilled to grow Sunrun’s presence in the state with technology-oriented functions that will power solar’s growth nationwide.”
In a statement, Sunrun said that it attributes its expansion into Colorado to the leadership of Governor Hickenlooper and policymakers.
Colorado invested more than $212 million in installations in 2014, according to the Solar Energy Industries Association (SEIA). The state’s solar industry also employs more than 4,200 people, according to The Solar Foundation.
“Colorado is thrilled to be home to Sunrun’s new corporate office. Colorado’s forward-thinking energy policies and talented workforce will support the company’s creation of new jobs and savings for homeowners while diversifying the state’s energy economy,” Governor Hickenlooper said in a statement. “Sunrun has proven its business and advantages for homeowners. We look forward to supporting Sunrun’s future growth.”