Financial Performance Highlights - Aggregate Subscriber Value reached $1.6 billion in 2Q25, a 40% year-over-year increase[7] - Contracted Net Value Creation was $376 million in 2Q25, up 316% year-over-year[7] - Cash Generation was $27 million in 2Q25, marking the fifth consecutive quarter of positive cash generation[8] - Upfront Net Subscriber Value exceeded $5.7k, representing an 11% margin, expanding 17 percentage points year-over-year[10] Operational Achievements - Customer Additions grew 15% year-over-year in Q2[14] - Customer Additions with Storage grew 50% year-over-year in Q2, with Storage Attachment Rate reaching 70%[14] - Sunrun dispatched 325 MWs of capacity during peak demand in California dispatches in June 2025[20] - Customer enrollments in home-to-grid distributed power plant programs has grown >300% y/y to more than 71k customers[17] Guidance and Outlook - 3Q 2025 Aggregate Subscriber Value is guided to be $1.5 to $1.6 billion, representing 8% growth year-over-year at the midpoint[81] - Full-year 2025 Contracted Net Value Creation is projected to be $1.0 to $1.3 billion, an increase from the prior guidance of $650 to $850 million, representing 67% growth year-over-year at the midpoint[81]

INVESTOR PRESENTATION MAY 2022 OUR PURPOSE: York Ragen CHIEF FINANCIAL OFFICER Mike Harris VICE PRESIDENT – CORPORATE DEVELOPMENT & INVESTOR RELATIONS Lead the evolution to more resilient, efficient, and sustainable energy solutions. INVESTOR RELATIONS Aaron Jagdfeld PRESIDENT & CEO Kris Rosemann INVESTOR RELATIONS MANAGER (262) 506 -6064 InvestorRelations@generac.com 2 FORWARD LOOKING STATEMENTS Certain statements contained in this news release, as well as other information provided from time to time by Ge ...

Company Overview and Strategy - Generac's purpose is to lead the evolution to more resilient, efficient, and sustainable energy solutions[1] - The company is focused on building energy ecosystems by aggregating Distributed Energy Resources (DERs) to support the next-generation grid, emphasizing decarbonization, digitalization, and decentralization[35, 36] - The company's strategy evolution unlocks a massive and growing Served Addressable Market (SAM), projected to expand approximately 5X since 2018, reaching $72 billion in 2025[33, 34] Market Trends and Opportunities - There's a growing electricity supply/demand imbalance due to deteriorating supply reliability and rapidly increasing demand, driven by factors like climate change and electrification[24, 26, 27] - The home standby (HSB) penetration opportunity is significant, with the three largest markets (CA, TX, & FL) representing approximately 25% of addressable households but are significantly underpenetrated at approximately 3.5%[40] - Telecom infrastructure is shifting to the next generation, with 5G rollout requiring improved network quality and backup power solutions, presenting a global opportunity[22, 93] Financial Performance and Outlook - The company's LTM (Last Twelve Months) net sales through Q3 2022 were $45826 million, with domestic sales accounting for 85% and international sales for 15%[9, 13, 102] - The LTM adjusted EBITDA was $8720 million, representing a 190% margin[57, 102] - The company anticipates consolidated net sales to increase between 22% to 24% in 2023[64]

Financial Data and Key Metrics Changes - Southern Company reported strong financial results for FY 2024, with significant investments in infrastructure and a commitment to delivering clean, safe, reliable, and affordable energy [44][45] - The company approved an 8¢ per share increase in its annual common stock dividend, marking the 78th consecutive year of dividend payments equal to or greater than the previous year [53] Business Line Data and Key Metrics Changes - The regulated electric utilities invested nearly $4 billion in transmission and distribution infrastructure across Alabama, Georgia, and Mississippi [46] - Southern Power expanded its operational footprint to 15 states with the commercial operation of its 30th solar site [46] Market Data and Key Metrics Changes - The economic development pipeline from large electricity load customers represents over 50 gigawatts of potential incremental load by the mid-2030s, driven by robust economic development in the Southeastern service territory [47] - Average annual sales growth is projected at approximately 8% from 2025 through 2029, an increase of 2% from prior long-term sales growth expectations [48] Company Strategy and Development Direction - Southern Company is focused on sustainability and innovation, exploring solutions such as carbon capture, advanced nuclear technologies, renewable natural gas, and energy storage [49] - The company aims to enhance its grid resilience and efficiency through investments in advanced technologies and distributed energy resources [75][76] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to meet future energy demands while maintaining affordability for customers [49][81] - The company is prepared for challenges posed by climate-related events and is committed to improving customer experience through energy efficiency programs [70][72] Other Important Information - Southern Company faced significant challenges during FY 2024, including responding to Hurricane Helene, which required rebuilding sections of the power grid [51] - The company emphasized its commitment to transparency and sound governance in response to shareholder proposals regarding fossil fuel investments and civil liberties [22][34] Q&A Session Summary Question: How are members of the board of directors selected for nomination? - Stockholders may nominate a person for election as a director if they own at least 3% of outstanding shares for three years [56] Question: Why do we give shares to executives and directors? - The compensation structure aligns executive interests with stockholders, and equity compensation has a minimal dilutive effect [58][59] Question: Will Southern Company include scope three emissions in its decarbonization goals? - Southern Company does not have direct control over scope three emissions but is working on reducing them through various initiatives [60][62] Question: How is Southern Company addressing data center demand for additional power generation? - The company projects 8% annual load growth and has commitments for over 10 gigawatts from data centers and industrial projects [64][66] Question: What is the company's approach to energy efficiency for older houses? - Southern Company emphasizes energy efficiency programs to help customers reduce their energy bills and improve system efficiency [70][72] Question: What is the outlook for distributed energy resources and grid enhancements? - The company is investing in advanced grid technologies and has a robust portfolio of customer programs to improve system efficiency [75][76] Question: What potential impacts might be from tariffs? - Southern Company does not expect a material impact from tariffs due to its strong vendor relationships and existing project contingencies [78]

May 7, 2025 Safe harbor & forward looking statements This communication contains forward-looking statements related to Sunrun (the "Company") within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements related to: the Company's financial and operating guidance and expectations; the Company's business plan, trajectory ...

Core Insights - Sunrun's CalReady power plant has significantly expanded, now providing critical energy support to California's grid during peak demand periods [1][3] - The company emphasizes its role in transforming the energy grid towards a more reliable and independent energy source for consumers [2][4] Group 1: Expansion and Capacity - CalReady has more than quadrupled its power output, expected to deliver an average of 250 megawatts per two-hour event, with a peak capacity of 375 megawatts, sufficient to power approximately 280,000 homes [3][4] - In 2024, CalReady enrolled over 16,000 households, delivering an average of 48 megawatts during summer heat waves [3] Group 2: Customer Benefits and Compensation - Sunrun customers participating in CalReady can earn up to $150 per battery for sharing stored solar energy, with total expected compensation nearing $10 million this year [4][5] - The program has delivered over $1.5 million in value to customers last year, contributing to lower costs and grid stability [4] Group 3: Strategic Importance and Market Position - CalReady is recognized as the largest home storage aggregation in California's Demand Side Grid Support program, showcasing Sunrun's leadership in the virtual power plant space [2][4] - The storage-first strategy has led to over 60% of new customers opting for battery storage, with nearly 90% in California [6] Group 4: Operational Efficiency - Sunrun actively manages and dispatches the participating batteries, ensuring a seamless experience for customers while maintaining a backup reserve for outages [7]

Core Insights - Itron, Inc. is collaborating with Norgesnett to implement the first edge computing deployment in the Nordic region, utilizing Itron's Grid Edge Intelligence portfolio to modernize the electricity grid [1][2] Group 1: Partnership and Deployment - The partnership aims to enhance visibility and control across the distribution system, supporting Norgesnett's Advanced Metering Infrastructure (AMI) strategy [2] - The initiative will commence in early 2026 with the deployment of 10,000 distributed intelligence (DI)-enabled smart endpoints [4] - The collaboration will provide Norgesnett access to Itron's broader ecosystem, enabling tailored applications for grid modernization [4] Group 2: Technological Advancements - The DI-enabled endpoints will facilitate two-way communication, allowing for remote updates and real-time energy data management [5] - The project aligns with Nordic Innovation's 2030 vision for sustainability and interconnectedness, enabling real-time data analysis to prevent outages and transformer overloads [6] Group 3: Market Context and Growth Drivers - Norway's energy sector is nearly 100% renewable, with electric vehicles (EVs) constituting 96% of new car registrations as of January 2025, positioning the country as a leader in clean energy adoption [3] - Itron's Grid Edge Intelligence platform is experiencing growth due to factors such as data center demand, reindustrialization, and the electrification of transportation and homes [7] - The total backlog for Itron at the end of the fourth quarter was $4.7 billion, indicating strong market demand for grid resiliency and automation solutions [7] Group 4: Financial Performance - Itron's 2024 bookings reached $2.7 billion, resulting in a book-to-bill ratio of 1:11, with a significant portion of the backlog consisting of grid-edge intelligence platform content [8] - The company anticipates 2025 revenues to be between $2.4 billion and $2.5 billion, reflecting a flat year-over-year growth at the midpoint [8]

Core Insights - Itron, Inc. is collaborating with Norwegian utility Norgesnett to implement the first edge computing deployment in the Nordics using Itron's Grid Edge Intelligence portfolio, which includes distributed intelligence-enabled smart meters [1][4] - The project aims to modernize Norgesnett's grid infrastructure, enhancing visibility and control at the grid edge, and supporting the integration of distributed energy resources [2][3] Group 1: Project Overview - Norgesnett will deploy 10,000 Itron DI-enabled smart endpoints in the first phase starting in the first half of 2026, which will provide access to a range of applications to address challenges from increased distributed energy resources [4][5] - The deployment aligns with the Nordic Innovation vision for the region to become the most sustainable and integrated by 2030, focusing on real-time data insights to manage energy loads effectively [6] Group 2: Benefits and Features - The DI-enabled solution allows for flexible two-way communication, enabling remote updates and applications installation, as well as real-time energy usage data sharing with consumers [5][8] - The project is expected to improve operational efficiency, enhance customer engagement, and provide better outage detection and grid management capabilities [8] Group 3: Company Positioning - Norgesnett is recognized as Norway's most efficient power grid company, committed to minimizing energy loss and delivering reliable electricity while addressing the evolving challenges of the power grid [3][7] - Itron's advanced analytics on electricity usage will further enhance the service provided by Norgesnett, contributing to a more sustainable energy landscape [7][8]