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      "text": "RUN is constantly building PV Systems. There is a matching cost to revenue, or a matching cost to systems, problem. RUN does not match the costs to their system flow.",
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      "text": "Aggressive Developer Margin of 20% vs 15%",
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      "text": "Including Ineligible P&L Costs",
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      "text": "A solar industry executive told us that although these expenses are often lumped into the Cost Approach, they are not costs associated directly with the solar equipment and should be removed. — Solar industry executive",
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      "text": "32 Conversation with RUN Investor Relations, December 2021\n33 Interview with Solar Executive C, October 2021",
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