I’m pleased to share that we are making a big difference. So we’re doing the market development work. So we think that’ll serve us well to be a preferred employer, but we’re not dropping the ball on it, because I do think this is going to be an ongoing thing. I think in the short-term, I do think, let me say, medium-term, again, per my earlier answer before five quarters, I think, that we can see about $1,000 come out of the acquisition cost and about $1,000 come out of the install costs due to the efforts we put in place right now.But I think it could be – it’s somewhere between that $2,000 and $7,000, as we start to get the automated permitting rollout and just to really compress the cycle time and the friction that’s created by all the back and forth and the kind of long linear process that customers have to go through.So just to make sure that I understood that you’re saying that over a determined period of time, about $1,000 could come out on the sales and $1,000 on the installation and the permitting automation would represent outside from those two levels?Okay, great. And so it’s unlikely that we’re going to eliminate a lot of the code requirements and things that we have and some of the local desire for control.So I don’t think we get all the way there. And could you remind us if that’s the same bill that consumers are getting?In other words, if they are not getting paid, then you’re also not getting paid, or do you have your old billing? For instance, in California, we are in discussions with all types of load-serving entities that serve millions of potential customers to partner with them to provide capacity and energy at the local level.As the market leader, Sunrun is the natural partner. That’d be great. Stanford University Graduate School of Business.
We believe this strategy is proving successful.Today, we expect the company will maintain our cash balance and generate net earning assets during 2020. It’s worth noting that in the Footnote 11, I think, it is – well, on the indebtedness footnote, the availability there is disclosed only in the context of what could be drawn against assets that are already in service. We think it’s a great policy, and one of the biggest impacts we can have on climate change. Sunrun Inc engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. We grew our base of customers 23% compared to last year, now nearly 300,000 strong.Upon completing the initial analysis of the likely near-term impacts of COVID in March, we expressly pivoted our strategy to focus foremost on prioritizing the strength of our balance sheet, with a secondary consideration to remain in position to quickly ramp growth when appropriate.
But I think this is – it’s a long-term structural shift.So it’s hard to say what percentage. So the delta also starts to get bigger, as we are able to use that 30% credit. We generally prefer a larger pie to a larger pie, that is the right policy. It feels like a stickier sale.So the overall conversion is a wash, which is fantastic, because that means our sales force can be a lot more productive. It’s Ed. I can answer the tax equity question and Lynn can talk to the workforce considerations. I think that the only challenge with credit services, it’s not really the value proposition, it’s sort of helping to rework the rules in the market. What do you think the medium-term really means? We defined cash generation as the change in our total cash less the change in recourse debt and other adjustments, including our safe harbor program, business acquisitions and common stock repurchases.
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