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  "documentTitle": "Sunrun Inc. (RUN)",
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  "authorName": "Muddy Waters Research",
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      "text": "As of June 30, 2023, Sunrun reports Subscribers 20.9% higher than EIA",
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      "text": "“Net Metering” and “Sales and Revenue”\nNet Metering per EIA and apparent confirmation from Sunrun includes outright purchase customers\nEIA Sales and Revenue therefore is the proper metric for comparing to (non-GAAP) Subscribers.\nAs of June 30, 2023, EIA shows Sunrun has 599,451 individual customers (including Puerto Rico)\nEven using EIA’s Net Metering metric, (non-GAAP) Subscribers presents a 12.0% overstatement as of Q2 2023. That’s about three quarters of (non-GAAP) Subscriber additions.",
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      "text": "But EIA Has Two Sets of Data for Sunrun",
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