Ribbon Cutting Event at Cottonwood Creek Rental Community Marks 8th Completed Solar on Multifamily Affordable Housing (SOMAH) Project between Sunrun and BRIDGE Housing

SUISUN CITY, Calif., December 3, 2021 (GLOBE NEWSWIRE) – Today, the nationally recognized community development organization, BRIDGE Housing, and Sunrun (Nasdaq: RUN), the leading provider of solar energy services, Energy and Battery Storage Facility, held a groundbreaking ceremony to celebrate the completion of a new solar installation serving 94 affordable rental housing units in Suisun City, California. Cottonwood Creek Solar Project is 246 kilowatt, saving residents nearly $ 47 per month through virtual net metering, as well as skills training in the rapidly growing clean energy sector .

“Installing solar power helps residents save significantly on their utility bills while making our properties more environmentally sustainable,†said Ken Lombard, President and CEO of BRIDGE Housing. “We are proud to partner with Sunrun and the SOMAH program to bring renewable energy and employment opportunities to communities such as Cottonwood Creek.”

In 2018, Sunrun committed to developing 100 megawatts of solar power on affordable multi-family housing in California by 2030 through the State Solar on Multifamily Affordable Housing. (SOMAH) program. In addition, in 2021, Sunrun has committed to bring at least 500 megawatts low-income solar power for people across the country by 2030. These efforts will bring the benefits of solar power to hundreds of thousands of families.

“I am delighted that BRIDGE Housing and Sunrun are expanding access to clean energy and reducing bills to thousands of additional tenants across California,†said Mary Powell, CEO of Sunrun. “We are committed to a future where everyone has affordable, reliable and clean energy. “

SOMAH emphasizes workforce development and tenant engagement. Every SOMAH project, including Cottonwood Creek, offers paid professional training opportunities in the rapidly growing clean energy sector. One of the Cottonwood Creek interns now has a full time job with Sunrun.

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“At a time when national attention is focused on high gasoline prices and inflation, Sunrun and BRIDGE Housing demonstrate the triple bottom line opportunity presented by the historic SOMAH program. Bill’s credits from this solar installation will bring real energy load relief to families in Cottonwood Creek now and for generations to come and another intern from SOMAH has a full-time career based on his work on this project. We are thrilled to deploy the nearly $ 250 million in funding we have to replicate this success across California, â€said Chris Walker of the SOMAH Program Administration Team.

In addition, through the SOMAH program, Sunrun has partnered with GRID Alternatives’ vocational training program to train more than 100 Californians to date in solar installation.

“I’m very happy to save money on energy bills,†said Margaret Van Bibber, a Cottonwood Creek resident who works as a home care provider. “Even a little bit will go a long way to help with my daughter’s school supplies and other essentials. “

Cottonwood Creek, which opened in 2008, offers 94 affordable apartments for families; the median household income of residents is currently $ 25,707. The property consists of garden-style elevator-free apartments with an artisan design, as well as a community hall and leisure facilities such as a swimming pool, playground and picnic area. Cottonwood Creek’s green features also include landscaping that minimizes solar gain from buildings in the summer, energy and water efficient appliances and appliances, and sustainable building materials.

About BRIDGE Housing
As a mission-driven nonprofit, BRIDGE’s goal is to strengthen communities and improve people’s lives, starting – but not ending – with affordable housing. Since its founding in 1983, BRIDGE has helped develop more than 18,000 homes in California, Oregon and Washington. For more information visit www.bridgehousing.com.

About SOMAH
The Solar on Multifamily Affordable Housing (SOMAH) program provides up to $ 100 million per year in financial incentives for the installation of photovoltaic (PV) energy systems on affordable multi-family homes in California. The program’s unique community-based approach ensures direct long-term economic benefits for low-income households, helps catalyze the solar energy market for multi-family dwellings, and creates jobs. SOMAH is overseen by the California Public Utilities Commission and funded by proceeds of greenhouse gas allowances auctions from Pacific Gas and Electric Company, San Diego Gas & Electric Company, Southern California Edison Company, Liberty Utilities Company and PacifiCorp. SOMAH aims to install 300 megawatts of generation capacity by 2030. For more information, please visit calsomah.org.

About Sunrun
Sunrun Inc. (Nasdaq: RUN) is the nation’s leading solar energy, battery storage and energy services company. Founded in 2007, Sunrun pioneered solar home service plans to make local clean energy more accessible to everyone with little or no upfront cost. Sunrun’s innovative home battery solution provides families with affordable, resilient and reliable energy. The company can also manage and share solar energy stored from batteries to provide benefits to households, utilities and the electricity grid while reducing our dependence on polluting energy sources. For more information, please visit www.sunrun.com.

Media contacts:
Wyatt semanek
Public relations manager
press@sunrun.com

Lyn hikida
Vice President of Communications
lhikida@bridgehousing.com

Brittany Chénier
SOMAH program
Marketing, education and awareness manager
media@calsomah.org