Local resources
We've built local solar energy sources that provide 100% clean solar power to everyone in the program.
Savings
You'll pay minimal costs years 1 – 5 and nothing from year 6 on. That means savings from years 7 through 20 and overall savings throughout the 20-year program.
It’s simple and easy
We take care of maintaining and operating the solar panels so you don't have to worry about repairs or maintenance. Plus, if you move, your SolarShares move with you.
How the program works
Residential SolarShares allows you to enjoy all the benefits of solar without solar panels on your roof. Instead, your home's clean energy comes from solar farms right here in the Sacramento region.
Eligibility
To join SolarShares, you need to be a residential SMUD customer with a residential account.
A few things to note:
- Solar and Storage Rate (SSR) customers and current Neighborhood SolarShares (NSS) customers are not eligible to participate.
- If you're signed up for any level of Greenergy®, you're not eligible. If you join Residential SolarShares, we'll remove you from Greenergy.
- Residential SolarShares isn't an approved program for meeting California's Title 24 solar requirements for new homes or ADUs*.
Pricing and terms
When you join the program, we'll add the charges or credits to your SMUD electricity bill each month for 20 years - or until you decide to leave the program. If you leave and decide to join again later, your term starts over at year one with a new 20-year commitment.
The charts below illustrate the monthly charges and credits based on your SolarShares amount (kw) per year:
|
Year |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
|
Charges/Credits* |
$2.00 |
$1.75 |
$1.50 |
$1.25 |
$1.00 |
$0 |
-$1.00 |
-$1.25 |
-$1.50 |
-$1.75 |
|
Year |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
18 |
19 |
20 |
|
Charges/Credits* |
-$2.00 |
-$2.25 |
-$2.25 |
-$2.25 |
-$2.25 |
-$2.25 |
-$2.25 |
-$2.25 |
-$2.25 |
-$2.25 |
*per kW
For more information, call 1-888-742-7683 or email ResSolarShares@smud.org.
See the SolarShares Product Content Label or Terms and Conditions.
For new construction projects, we offer Neighborhood SolarShares but the program is currently closed to new applications.