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Sunrun Inc. (NASDAQ:RUN) surged 10.51% to $9.04 per share after excise taxes on wind and solar projects were excluded in the One Big Beautiful Bill Act, narrowly passed in the Senate before July 4. The bill would cut tax credits but not immediately, benefiting projects starting construction before June 2026.

Sunrun Inc. (NASDAQ:RUN) recently switched on 130,000 home batteries to support the power grid, representing over two-thirds of its total battery fleet. The company can dispatch 650 megawatts of peak power to energize 480,000 homes during peak times, supporting increased electricity demand.

In the midst of Sunrun Inc.’s (NASDAQ:RUN) success, some believe that other AI stocks offer greater returns with limited risk. While RUN is promising, there are AI stocks that could deliver higher returns. For more information on the best short-term AI stock, consult our free report.

Read more at Yahoo Finance: Sunrun (RUN) Jumps 10.5% on Solar Excise Tax Exclusion