Toll Brothers Inc. (NYSE: TOL) has announced Sunrun Inc. will provide solar power and storage to the homebuilder’s residences.
In a new exclusive agreement, Sunrun will provide solar power as an included feature in all Toll Brothers homes in California. Sunrun will offer a “one-stop shop” with sales, design, permitting, installation, customer care, and warranty. Sunrun will also provide homebuyers with the choice of a third-party battery storage system, including EnPhase or the Tesla Powerwall 3, to integrate with their provided residential solar system.
Additionally, Sunrun signed a preferred agreement to provide solar for other Toll Brothers divisions nationwide.
“We are pleased to announce this new agreement with Sunrun as our national solar and storage partner, providing our home buyers with state-of-the-art options for clean, reliable power in their new homes,” said Seth Ring, executive vice president of Toll Brothers. “Since 2015, Toll Brothers has been committed to incorporating solar into our communities in California and beyond, and we are excited to continue this commitment to innovation and our environment with Sunrun.”
Ring added, “Toll Brothers already offers solar power options in a number of additional markets nationwide, including Massachusetts, Nevada, Arizona, and more. This new agreement with Sunrun provides an excellent framework to expand that reach and promote solar and storage programs to our homebuyers nationwide.”
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