There hasn’t been any accountability or competitiveness in the utility model because they’ve been monopolies, and that’s changing. It’s a hard transition for them.
Edward Fenster appreciates that the true advantage of residential solar is the absence of expensive, industrial transmission lines. As Co-founder and Co-CEO of Sunrun, Fenster aims to make solar power affordable for American families. He oversees capital raising and legislative and regulatory affairs within Sunrun. Fenster has worked to shape public and industry policy with the goal of building a sustainable, subsidy-free solar industry. Under his leadership, Sunrun has enjoyed uninterrupted access to project finance throughout its history.
Fenster is a 2010 Ernst & Young Entrepreneur of the Year award winner with Lynn Jurich, a member of the Pew Center on Global Climate Change, and serves as an Advisory Partner to Millennium Technology Value Partners.
I was the company's first customer. I paid $10 a watt for my system.