Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Schedule of Revenue from External Customers

Revenue from external customers (including, but not limited to homeowners) for each group of similar products and services is as follows (in thousands):

	Three Months Ended March 31,
	2023		2022
Customer agreements	$	225,088	$	190,502
Incentives	21,386		19,190
Customer agreements and incentives	246,474		209,692
Solar energy systems	228,902		199,999
Products	114,473		86,093
Solar energy systems and product sales	343,375		286,092
Total revenue	$	589,849	$	495,784

Schedule of Cash and Restricted Cash

Cash and restricted cash consists of the following (in thousands):

	Three Months Ended March 31,
	2023		2022
Beginning of period:
Cash	$	740,508	$	617,634
Restricted cash, current and long-term	212,515		232,797
Total	$	953,023	$	850,431
End of period:
Cash	$	628,536	$	629,161
Restricted cash, current and long-term	214,690		233,454
Total	$	843,226	$	862,615

Schedule of Cash and Restricted Cash

Cash and restricted cash consists of the following (in thousands):

	Three Months Ended March 31,
	2023		2022
Beginning of period:
Cash	$	740,508	$	617,634
Restricted cash, current and long-term	212,515		232,797
Total	$	953,023	$	850,431
End of period:
Cash	$	628,536	$	629,161
Restricted cash, current and long-term	214,690		233,454
Total	$	843,226	$	862,615

Schedule of Accounts Receivable, Net

Accounts receivable, net, consists of the following (in thousands):

	March 31, 2023		December 31, 2022
Customer receivables	$	223,717	$	218,712
Other receivables	6,642		8,924
Allowance for credit losses	(11,667)		(13,381)
Total	$	218,692	$	214,255

Schedule of Deferred Revenue

The opening balance of deferred revenue was $873.6 million as of December 31, 2021. Deferred revenue consists of the following (in thousands):

	March 31, 2023		December 31, 2022
Under Customer Agreements:
Payments received, net	$	841,950	$	840,771
Financing component balance	67,040		65,326
	908,990		906,097
Under SREC contracts:
Payments received, net	177,463		179,416
Financing component balance	11,807		10,460
	189,270		189,876
Total	$	1,098,260	$	1,095,973