Sunrun's Stock Rises 4.8% on Tesla Partnership Announcement

Sunrun has partnered with Tesla to enhance solar output for Texas consumers. The collaboration aims to provide reliable backup power during outages and stabilize costs for Sunrun Flex users. As a result, Sunrun shares have risen 4.8% pre-market. Analysts predict an 8.48% upside for the stock, with a consensus "Hold" rating and a possible 36.26% increase in value over the next year.

Sunrun Inc. (Nasdaq: RUN) and Tesla, Inc. (Nasdaq: TSLA) have announced a strategic partnership aimed at enhancing solar output and providing reliable backup power for Texas consumers. The collaboration, which includes the launch of a new Sunrun Flex plan, leverages Tesla's Powerwall technology to offer customers a more comprehensive and cost-effective energy solution.

Sunrun Flex Texas customers can now lock in fixed power rates and top-tier solar sellback credits via Tesla Electric. The plan includes Tesla Powerwall backup with auto-engage during outages and access to Tesla's Virtual Power Plant. This partnership aims to simplify the often-confusing Texas market by offering predictable monthly bills and optimized battery settings managed by Tesla [2].

The new Sunrun Flex plan, designed exclusively for Texas customers, maximizes solar production, battery backup power for outages, and energy independence. Tesla will coordinate electric rates, battery settings, and solar crediting to ensure the most value creation for customers. Additionally, the plan offers rollover credits when customers use less energy than their baseline, which can be applied against future months when they exceed their baseline [1].

Sunrun CEO Mary Powell stated, "This partnership creates the most compelling and comprehensive home energy solution on the market for Texas consumers. Pairing Tesla’s custom electric plan with Sunrun Flex results in a superior customer experience and unparalleled energy independence" [2].

The partnership has been well-received by investors, with Sunrun shares rising 4.8% pre-market. Analysts predict an 8.48% upside for the stock, with a consensus "Hold" rating and a possible 36.26% increase in value over the next year [4].

References:
[1] https://electrek.co/2025/07/24/tesla-partners-sunrun-electric-plan-texas/
[2] https://www.benzinga.com/markets/equities/25/07/46613062/sunrun-tesla-unveil-home-energy-plan-to-boost-backup-power
[4] https://www.nasdaq.com/articles/sunrun-run-exceeds-market-returns-some-facts-consider