IES Renewable Energy Announces Partnership with Sunrun

IES Renewable Energy, a residential solar energy integrator and installer and indirect wholly-owned subsidiary of Integrated Electrical Services, Inc. (or “IES”) IESC, announced that it has entered into a new partnership with Sunrun, one of the nation's leading home solar companies. Through this partnership, IES Renewable will design, engineer and manage the installation of residential solar systems. Sunrun will own, insure, monitor and maintain the equipment, so homeowners can go solar without high upfront cost or responsibilities of ownership and upkeep. “The partnership with Sunrun allows us to expand our solar service offerings and strengthen our appeal to those homeowners looking for a green energy alternative,” said Dwayne Collier, President of IES Renewable and IES Residential, Inc. “This is a great opportunity in the state of California, which has been a leader in supporting solar.” “This partnership with IES Renewable allows us to provide affordable solar and quality service to more homeowners in California,” said Sunrun co-CEO Edward Fenster. “We remove high costs and hassle to make the switch an easy choice for more homeowners.” ABOUT SUNRUN Sunrun is the nation's leading home solar company and invented solar power service, a way for homeowners to go solar without the high upfront costs. Sunrun owns, insures, monitors and maintains the solar panels on a homeowner's roof, while families pay a low rate for clean energy and fix their electric costs for 20 years. Since Sunrun introduced solar power service in 2007, it has become the preferred way for consumers to go solar in the nation's leading solar markets. More than 30,000 homeowners in 10 states have chosen Sunrun, and the company partners with over 25 leading local solar companies who together employ more than 3,000 workers. Sunrun has attracted enough capital to support the purchase of $1.5 billion in solar systems from investors including U.S. Bancorp and raised $145 million in venture capital from Accel Partners, Sequoia Capital, Foundation Capital, and Madrone Capital Partners. For more information visit: www.sunrunhome.com. ABOUT INTEGRATED ELECTRICAL SERVICES, INC. Integrated Electrical Services, Inc. is an infrastructure services company that enjoys leading positions in a broad range of markets for electrical and communications products and services. Our 2,500 employees serve clients throughout the United States. For more information about IES, please visit www.ies-corporate.com.
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