A solar water heating and cooling system including a solar energy collection assembly having a heat absorbing element, a heat exchanger and a shield. The system also includes a cooling assembly, the cooling assembly is integral with the shield. The system has a check valve in fluid communication with the solar collection assembly and the cooling assembly, and a fluid pump in fluid communication with the solar energy collection assembly. A working fluid is disposed within the solar energy collection assembly, the cooling assembly, the check valve and the fluid pump. A cooling loop is defined by the solar energy collection assembly, the cooling assembly and the check valve. When the fluid pump is off, the working fluid circulates through the cooling loop, but when the fluid pump is on, the working fluid circulates through a heating loop that is defined by the solar energy collection assembly and the fluid pump.