Macro Bay's questions to Sunrun (RUN) leadership • Q4 2024
Question
Macro Bay asked about the potential for higher inventory and warehousing costs related to the safe harbored equipment and the rationale for securing a longer supply of modules compared to storage.
Answer
CFO Danny Abajian explained that the primary cost associated with the safe harbor is from financing charges, not warehousing, as it was executed in a capital-efficient manner. He stated the difference in supply duration between modules (1 year) and storage (6 months) was simply due to the 'relative availability of the equipment in the market.'