Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Customer agreements	$	289,678	$	234,219	$	789,256	$	656,724
Incentives	26,850		36,992		75,895		84,065
Customer agreements and incentives	316,528		271,211		865,151		740,789
Solar energy systems	135,476		241,697		566,861		651,010
Products	111,177		118,998		311,211		320,471
Solar energy systems and product sales	246,653		360,695		878,072		971,481
Total revenue	$	563,181	$	631,906	$	1,743,223	$	1,712,270

Schedule of Cash and Restricted Cash

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

	Nine Months Ended September 30,
	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	$	643,787	$	672,083
Restricted cash, current and long-term	308,158		283,970
Total	$	951,945	$	956,053

Schedule of Cash and Restricted Cash

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

	Nine Months Ended September 30,
	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	$	643,787	$	672,083
Restricted cash, current and long-term	308,158		283,970
Total	$	951,945	$	956,053

Schedule of Accounts Receivable, Net

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

	September 30, 2023		December 31, 2022
Customer receivables	$	195,480	$	218,712
Other receivables	7,462		8,924
Allowance for credit losses	(14,050)		(13,381)
Total	$	188,892	$	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):

	September 30, 2023		December 31, 2022
Under Customer Agreements:
Payments received, net	$	864,546	$	840,771
Financing component balance	70,552		65,326
	935,098		906,097
Under SREC contracts:
Payments received, net	207,908		179,416
Financing component balance	11,778		10,460
	219,686		189,876
Total	$	1,154,784	$	1,095,973