Residential SolarShares
Local resources
SMUD has developed local, solar generation resources that supply 100% clean solar energy to all program participants.
Savings
With minimal program costs in years 1 – 5 and no costs beginning in year 6, you’ll save for years 7 through 20, giving you an overall savings over the course of the 20-year program.
It’s simple and easy
We’ll maintain and operate the solar panels on your behalf so no need to worry about repairs or maintenance. If you move, SolarShares will move with you.
How the program works
Residential SolarShares allows you to enjoy all the benefits of solar without a solar system on your roof. Instead of rooftop panels, your home's solar generation comes from solar farms located in the Sacramento region.
Eligibility
To be eligible to participate in the SolarShares program, customers must be a residential SMUD customer with a residential account. Solar and Storage Rate (SSR) customers and current Neighborhood SolarShares (NSS) customers are not eligible to participate. In addition, customers participating in Greenergy® Partner Plus, Standard, Neighborhood Recipient, CA Renewable or Local Renewable are not eligible to participate.
Pricing and terms
Upon enrollment in this program, SMUD will add the associated charges or credits to a customer’s SMUD electricity bill each month for 20 years, or until customer discontinues program participation. If customer discontinues participation, and at a future time requests to participate again, the customer’s term resets at year one and begins a new 20-year term.
The charts below demonstrate the monthly charges and credits by kW of SolarShares 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
See the example below for a customer choosing to participate in the SolarShares program at the 2kW level.
- The charges per month would be 2kW times $2.00 each month for the first year. That would mean the customer’s electricity bill would include a $4 per month charge each month of the first year.
- After the first year of participation, the customer’s per kW charge would drop to $1.75 per kW. That would mean the customer would see a $3.50 monthly charge in the second year.
- The customer’s program costs would decrease each year of participation and in year 6, there would be no charge for the 2kW SolarShares participation.
- In year 10, the customer would see a credit of $1.75 per kW each month. That would mean a $3.50 monthly credit in the 10th year.
For more information, call 1-888-742-7683 or email ResSolarShares@smud.org.
See the SolarShares Product Content Label or Terms and Conditions.