In spite of the Republicans’ sweeping electoral victory on Tuesday night, distributed solar is winning the regulatory battles it needs to in the US, teeing up the market for long-term annual growth above 20%, says Sunrun chief executive Lynn Jurich.

With Sunrun’s stock price having been cut in half since its August 2015 IPO, Jurich took advantage of the company’s conference call Thursday to argue that the bearish investor sentiment plaguing rooftop solar is misplaced.