RESIDENTIAL COMMUNITY SOLAR SERVICES AGREEMENTS

This agreement is entered into between You and the Company:

Company:  SunShare, LLC, 1724 Gilpin Street, Denver, CO, 80218

Community Solar Subscriber (“You”):

Mailing Address: ,  ,  ,   

Email Address:

Phone Number:

Community Solar Subscription Service Address with PNM:

Service Address: ,  ,  ,   

PNM Account Number:

Selected Plan: Solar for Life PNM NM

Average Annual kWh Usage: kWh

Agreement Term: 25 Years

Expected Starting Solar Bill Credit Rate:     per kWh

Expected Starting Community Solar Rate: $ per kWh

Cancellation Options: Flexible, with 90 days’ notice

Assigned Community Solar Garden:



SUMMARY OF SPECIFIC TERMS:

Billing: Once your community solar garden is active, you'll receive two (2) bills every month ─ one from SunShare and one from PNM. Your SunShare bill will always be 10% less than the Solar Bill Credits applied to your PNM bill!

Autopay: SunShare recommends that you enroll in Autopay so that you never miss a payment. If you have elected Autopay, you will be automatically enrolled in Autopay for your first SunShare bill after you have been placed into a community solar garden.

Agreement Term: The length of your SunShare agreement is simply the length of the agreement between SunShare and PNM to deliver solar energy onto the power grid. This is also the length of time for which you are guaranteed to receive Solar Bill Credits from PNM on your utility bill.

Solar Bill Credit Rate: The Solar Bill Credit Rate is the rate you will receive on your PNM utility bill for each kilowatt hour of electricity the community solar garden generates on your behalf. Typically, the Solar Bill Credit rate changes periodically along with your retail energy rate. The current Solar Bill Credit rate is published here.

SunShare Community Solar Rate: This is the rate you will pay to SunShare for each kilowatt hour of electricity the community solar garden generates on your behalf.  It will be 10% lower than the Solar Bill Credit Rate you receive on your PNM utility bill for each kilowatt hour of electricity the community solar garden generates on your behalf. Typically, the Solar Bill Credit rate changes periodically, and your community solar rate will be adjusted accordingly. Regardless of the Solar Bill Credit rate, your SunShare bill will be 10% less than the Solar Bill Credits you receive for the given production month!

Cancellation Options: You can cancel with 90 days’ prior written notice with no penalty.

Other Important Items: THIS IS NOT AN INVESTMENT CONTRACT OR SECURITY. WE ARE NOT A COOPERATIVE. YOU ARE NOT AN OWNER OF US OR THE SOLAR GARDEN.

 

COMMUNITY SOLAR SUBSCRIPTION TERMS & CONDITIONS

  1. Terms of Service. By signing this Agreement, you agree to the Terms of Service.
  2. Effective Date; Term. This Agreement is effective upon execution. Your PNM account number will be validated in PNM’s portal for the Solar Garden. After that validation, you will start to receive Solar Bill Credits from PNM toward your retail electric service bill (your “Solar Bill Credits”). The first day of the month that you receive Solar Bill Credits is referred to as the “Commencement Date.” The term of this Agreement starts on the Commencement Date, and continues for 300 calendar months after the commercial operation date (“Commercial Operation”) of the Solar Garden, unless you give us at least 90 days prior written notice of your desire to terminate this Agreement (the “Term”). While this Agreement is effective when signed, the Term does not begin until the Commercial Operation Date of the Solar Garden to which you are assigned. The Commercial Operation Date may occur before or after you are assigned to the Solar Garden. The rate applicable to your Monthly Subscriber Payment will be based on the Solar Bill Credit rate in effect at the time you begin receiving Solar Bill Credits. Our responsibility to facilitate the application of Solar Bill Credits by PNM will terminate at the end of the Term.
  3. Customer’s Production Capacity. You are subscribed to the amount of production capacity (your “Production Capacity”), in kilowatts, based on 100% of your historic annual energy use. We have based your Production Capacity on your historic annual electricity use as shown on the cover page of this agreement, and may adjust it from time to time based on changes in your usage. We measure the amount of solar energy produced by your Production Capacity in kWh and refer to that energy in this Agreement as your “Solar Energy.”
  4. Monthly Payments. Unless otherwise set forth in this Agreement, the payment amount you owe us (“Monthly Subscriber Payment”) during the Term is equal to the kWh of Solar Energy produced and delivered from the Solar Garden to PNM during a production month, multiplied by the price per kWh in effect during the month in which the production occurs. Your Monthly Subscriber Payment Schedule will be calculated based on the applicable Solar Bill Credit rate in effect at the time of each monthly bill. You will only be charged a Monthly Subscriber Payment for Solar Bill Credits you receive. You agree to pay the full Monthly Payment by the Due Date on your invoice. We prefer you make monthly payments through automated funds transfer and may charge a processing fee to cover the cost of accepting your payment by credit card, debit card, or check.
  5. Late Payments; Disputed Invoices. If you pay us late (after the Due Date listed on your invoice), we have the right to charge you interest on the unpaid balance at the rate of two percent (2%) per month, or at any lesser maximum rate permitted by law, until you have fully paid your past due balance. If you dispute all or a portion of an invoice from us, or if any other claim or adjustment arises under this Agreement, you agree to pay the undisputed portion when due and provide us with notice of the amount in dispute. We will endeavor to mutually resolve the dispute as provided in the Dispute Resolution Section of our Terms of Service.
  6. Changes in Your Participation. You may reallocate, transfer, or reduce your Production Capacity as follows:
    1. Substitution of New Premises. You may transfer your subscription to your own or another person’s new Location, provided the proposed Location meets our eligibility requirements and such other person consents to this transfer, as determined at our sole discretion.
    2. Unexpected Contingencies. If you move outside PNM’s service territory, die, or otherwise lose your ability to receive Solar Bill Credits without first transferring your Production Capacity to an eligible transferee, we will cancel this Agreement upon notification that you are no longer receiving Solar Bill Credits. You will only be charged a Monthly Subscriber Payment for Solar Bill Credits you receive.
    3. Termination. If you desire to transfer or assign your Production Capacity in the Solar Garden and have not identified a transferee, we will, upon your request, attempt to identify eligible and willing transferee(s) to whom we can transfer or assign all or a portion of your Production Capacity in a timely manner. You will remain obligated under this Agreement until a transferee becomes your replacement subscriber to the Solar Garden, or 90 days, whichever is shorter.
  7. NOTICE OF RIGHT TO CANCEL. YOU MAY CANCEL THIS AGREEMENT FOR ANY REASON BY DELIVERING NOTICE TO US PRIOR TO MIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THIS AGREEMENT.

Attachment A

Example First-Year Solar Garden Price Schedule

 

Year Estimated First-Year Kilowatt Hours Produced Current Solar Bill Credit Rate Projected SunShare SSA Rate Based on Current Solar Bill Credit Estimated First-Year Payments to SunShare Estimated First-Year Savings
Year 1 after the Commercial Operation Date of the Solar Garden (“COD”)      $    

 

THE ESTIMATED ANNUAL PRODUCTION (KWH) AND ESTIMATED PAYMENT AMOUNTS ABOVE ARE ESTIMATES BASED ON YOUR SUBSCRIPTION SIZE AND ASSIGNED COMMUNITY SOLAR GARDEN. YOUR ACTUAL PAYMENT AND SAVINGS WILL DEPEND ON THE ACTUAL PRODUCTION (KWH) OF SOLAR ENERGY FROM THE SOLAR GARDEN AND THE SOLAR BILL CREDIT, WHICH CHANGES PERIODICALLY AS APPROVED BY THE NEW MEXICO PUBLIC REGULATORY COMMISSION. THE SCHEDULE ABOVE IS ESTIMATED BASED ON THE JULY 2025 SOLAR BILL CREDIT. YOUR SUNSHARE SSA RATE WILL ALWAYS BE 10% LESS THAN THE SOLAR BILL CREDIT RATE.

 

 

 

 

 



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Signed by CSolPower, LLC -- Melina Fleming, Authorized Signer
Signed On: March 19, 2026


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Document name: [2] SunShare NM Solar for Life Community Solar Services Agreement - 8.3.10.25.169
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September 20, 2025 5:06 pm MDT[2] SunShare NM Solar for Life Community Solar Services Agreement - 8.3.10.25.169 Uploaded by CSolPower, LLC -- Melina Fleming, Authorized Signer - no-reply@csolpower.com IP 73.34.57.92
March 19, 2026 2:59 pm MDTSubscription Agreements - agreements@mysunshare.com added by CSolPower, LLC -- Melina Fleming, Authorized Signer - no-reply@csolpower.com as a CC'd Recipient Ip: 73.34.57.92
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