Sunrun Plunges 24.59% as Solar Tax Credits Face Cuts

On June 17, 2025, Sunrun's stock experienced a significant drop of 24.59% in pre-market trading, marking a substantial decline in its share price.

The decline in Sunrun's stock price can be attributed to proposed legislation that aims to reduce solar tax credits. This legislative change has raised concerns among investors about the future profitability of solar energy companies, leading to a sell-off in the sector.

The proposed changes to the tax bill by the Senate Finance Committee have had a direct impact on U.S. solar energy stocks, with Sunrun being one of the most affected. The legislation, which includes modifications to solar tax credits, has caused uncertainty and prompted investors to reassess their positions in the solar energy sector.

Sunrun's stock has been particularly vulnerable to market trends, with sales declining by 6.7% annually over the past two years. This downward trend has further exacerbated the impact of the proposed tax credit changes, contributing to the significant drop in its share price.