SMUD, Woodside Homes Partner on Nearly 1,500 Efficient, Solar-Powered Homes

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In the largest deal of its kind between any utility and homebuilder in the U.S., the Sacramento Municipal Utility District (SMUD) announced on April 3, 2008 that it will partner with Woodside Homes to build 1,487 SolarSmart homes in subdivisions near Rancho Cordova. SMUD has established nine other partnerships with homebuilders since 2007 (e-Newswire, 11/28/07). Under these partnerships, SMUD provides rebates and incentives worth nearly $6,000 per home to lower the cost of energy-efficient and solar technology - a move that has resulted in the development of more than 4,000 SolarSmart homes in Sacramento and Placer counties. SolarSmart homes - boasting solar panels, efficient HVAC systems, added insulation, attic radiant barriers, duct sealing and energy-efficient lighting - have the potential to save residents as much as 60% on their electric bills each year. SMUD says that in 2009 more than 30% of the new homes in its service territory will be SolarSmart homes.

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