How you can get Costco solar panels from Sunrun?
Updated: Apr 24, 2019
How you can get Costco solar panels from Sunrun
If you regularly shop at Costco, you may have spotted a kiosk for home solar installations in the store, or even spoken to a store representative about installing their own branded Costco solar panels. Costco has a partnership with Sunrun, the largest residential solar companies in the country, to offer their members special benefits when they go solar. Here are the details of Costco’s partnership with Sunrun.
Costco solar partnership with Sunrun:
Sunrun is a national company that installs solar in 23 states across the country, primarily in the Northeast and Southwest. In 2017, they beat out Tesla Energy (formerly SolarCity) and installed the most residential solar systems in the United States. If you’re a Costco member, you are eligible for some special benefits if you go solar with Sunrun, including Costco cash and an enhanced roof warranty.
When you choose to buy a solar panel system through the Sunrun-Costco partnership, you’ll receive a Costco cash card worth 10 percent of your solar equipment costs (before taxes) if your purchase your system.
Equipment costs can range anywhere from 25 to 50 percent of the gross cost of the installation, so your Costco cash card benefits will vary accordingly. For example, if your system costs $20,000 in total, your equipment costs may range from $5,000 to $10,000, which means you’d receive a Costco cash card with a value of anywhere between $500 and $1,000. (The actual costs for your project depend on many factors; to get an accurate estimate, you’ll need to talk to a company representative.)
In addition to the Costco cash card, you may be eligible for an additional cash bonus if you’re a Costco Executive Member (2% of the gross). Costco members who go solar with Sunrun also receive an enhanced 15-year roof penetration warranty from Sunrun. (The standard offering from Sunrun is 10 years.) This is a separate warranty from Sunrun’s workmanship warranty, which covers the installation, and a product manufacturer’s warranty, which covers your actual solar equipment.