Exclusive Sunrun Partnership Powers Toll Brothers Homes in California
Toll Brothers, Inc. (NYSE: TOL), a prominent builder of luxury homes, has announced an exclusive national partnership with Sunrun Inc., the leading provider of residential solar and storage in the U.S. This collaboration earmarks Sunrun as the exclusive supplier of solar power systems for all Toll Brothers homes in California, showcasing a significant commitment to sustainability and luxury living combined.
Comprehensive Solar Solutions from Sunrun
Under the agreement, Sunrun will act as a comprehensive service provider, handling everything from sales and design to installation and customer care for Toll Brothers’ communities in California. Homebuyers in these communities will benefit from standard solar installations and can choose advanced battery storage options like EnPhase or the Tesla Powerwall 3 to complement their systems.
“Seth Ring, Executive Vice President of Toll Brothers, emphasized the company’s dedication to integrating state-of-the-art clean energy solutions in their homes, stating, “Since 2015, we have been committed to incorporating solar in our communities, and this partnership with Sunrun allows us to enhance our offerings with advanced, reliable power solutions for our homebuyers.”
Expanding Solar Options Nationwide
The scope of this partnership extends beyond California, with potential expansions into additional markets where Toll Brothers operates. In these regions, solar options could become standard features or optional enhancements, available through leasing or power purchase agreements at no initial cost to the buyer.
“Toll Brothers has always prioritized solar power options, now available in states like Massachusetts, Nevada, and Arizona. This new agreement with Sunrun lays a robust framework for nationwide expansion, further promoting solar and storage solutions to our homebuyers,” Ring added.
About Toll Brothers
Founded in 1967 and publicly traded since 1986, Toll Brothers, Inc. is a Fortune 500 company and the nation’s foremost builder of luxury homes. It operates in over 60 markets across 24 states and the District of Columbia. The company is renowned for its architectural expertise, engineering, and a wide range of homebuyer services, including mortgage and smart home technology. Toll Brothers has been named to the Fortune World’s Most Admired Companies™ list for ten consecutive years and continues to lead in luxury home building and community development.
Source: globenewswire.com
