SolarShares®: Solar for Everyone!
Solar energy should be available and affordable for everyone, but putting a solar system on your roof is not always an option. SMUD's SolarShares gives everyone the opportunity to benefit from the sun's power whether you rent or own your home. Plus, SolarShares is 100% local with the solar farm located in our service area, providing local environmental benefits in Sacramento County.
Join SolarShares today and experience the benefits of solar.
To enroll or to use the SolarShares Estimator tool, log in to your account or call 1-888-742-7683.
Owning or leasing your own solar electricity system may be too costly or impractical for renters or non-homeowners. With SolarShares, everyone can get electricity from the sun without the responsibilities or costs of ownership. If you do own your home, SolarShares may also be a good fit for homes shaded by trees or whose rooftops are not suitable to install a solar electric system.
When you join SolarShares, a portion of the solar power produced at a local solar farm will be credited to your monthly SMUD bill. Your monthly bills will then be offset by a credit for the solar electricity you get each month. That reduces the amount you would otherwise pay for non-solar power - after the cost of your program participation is deducted. Plus, if you move within the SMUD territory, you can take SolarShares with you.
You will pay a flat monthly program fee to subscribe to SolarShares. The fee is based upon your historical energy use and the share size you select. You will then receive energy credits to your bill for the amount of solar power your SolarShare generates. Both the flat monthly fee and the energy credits from the solar power will be combined on your SMUD bill.
The offset to your bill will vary each month, according to the season. Since your SolarShares subscription performs just like a rooftop system, it produces more energy in the summer months, when the solar output is highest, than in winter months. Your benefit is greater in summer when you typically pay more for electricity due to high cooling costs.
Yes. Since the solar panels are located on a local "solar farm" in Sacramento County, you don't have to own your home to participate. And if you do own your own home, you're still eligible to join. That's great for homeowners whose homes are shaded by trees or whose rooftops are not suitable to install a solar electric system.
Equipment used to convert sunlight into electricity is expensive. SolarShares allows you to use solar energy for a reasonable monthly fee and avoid large upfront costs for a rooftop system.
To participate in SolarShares, you will pay a fixed monthly fee depending on the size of your system. Since your SolarShares subscription performs just like a rooftop system, it produces more energy in sunny months than in winter months. Your benefit is greater in summer than in winter. Use the SolarShares Estimator to see the options that work best for you.
The SolarShares system is 1MW, and is estimated produce 1,736,402 kWh per year. Given that solar is clean energy, the corresponding reduction in greenhouse gas emissions is equivalent to planting 307 acres of pine trees.
Both help support renewable power and reduce environmental impacts caused by traditional power sources. They differ in these respects:
- SolarShares is 100% solar generation, where Greenergy is a mix of different types of renewable energy resources, such as wind, water and sun.
- SolarShares is 100% local - the "solar farm" is located in the SMUD service area, yielding local environmental benefits.
- As with owning a solar electric system, you will see a credit on your SMUD bill for the amount of solar energy generated by your SolarShares each month. The amount of solar electricity you get each month depends upon how much the sun shines – more in the summer, less in the winter.
- Your fixed monthly fee for SolarShares will never increase for as long as you are a SMUD customer and remain a member.
Because the sun shines more in the summer and less in the winter, we ask that you stay on the program for a full year to get the true experience of having a solar electric system. After the first year, you can cancel at any time. If you wish to cancel prior to the first 12 months, you will be charged a $100 fee.