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Sunrun's Dirty Little Secret

TheMotleyFool

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Sunrun (NASDAQ: RUN) is now the No. 1 residential solar installer in the U.S., growing its customer base by 24% year over year to 271,000 homeowners through the third quarter of 2019. Growth has driven the stock up more than 35% over the past year, and it seems like the company can do no wrong. But beneath the headline numbers, there are problems brewing in Sunrun's renewable energy business. Here's how Sunrun may be destroying value as it pushes for more growth.