What is it?
Welcome to SMUD's New Community SolarShares. Your new home comes with a virtual solar system—SolarShares. As a SolarShares customer, you'll enjoy all the benefits of solar without a solar system on your roof.
This program helps meet California's requirement that all new homes provide solar energy starting January 1, 2020. SolarShare homeowners will receive energy from a solar system managed by SMUD.
Benefits of SolarShares
SolarShares allows you to enjoy all the benefits of a solar system without solar panels on your roof.
Receive 100% of your power from a solar farm located in our service area, providing local environmental benefits.
SolarShares starts when you begin electric service with SMUD. You don’t have to do anything to begin receiving solar benefits.
How it shows on your bill
Information about your SolarShares will appear in the “SolarShares Charges” section on your monthly SMUD bill. There are three SolarShares-related items:
- SolarShares Credit: shows the value (in dollars) of the electricity generated by your SolarShares. This amount may change monthly based on different factors.
- SolarShares Charge: shows the fixed charge to operate and maintain the panels that provide your solar power.
- SolarShares Subtotal: The difference between the SolarShares Credit and SolarShares Charge, letting you know if there's an overall credit or charge on the month's bill.
You'll notice that the SolarShares Charge is flat month to month, but will increase slightly each year. The SolarShares Credit, however, will change based on the amount of solar electricity generated (more in the summer months) and the value of the generated electricity (higher in the summer months). This means that your credits are higher in the summer months than in the winter. We estimate that you'll save each year that you live in the SolarShares home.
Frequently Asked Questions
Your new home includes SolarShares from SMUD and your builder or building owner. You don’t need to sign up to receive it, and you will begin benefiting right away.
No action is needed. You'll begin receiving SolarShares as soon as your electric service starts in your new home.