Arcadia Power, an online renewable energy company, says it is launching the first nationwide community solar platform that would give people around the country the opportunity to support solar energy and get savings on their bills – no matter where they live.
Arcadia Power says its technology platform can connect solar panel production from a remote site directly to a customer’s power bill, and does not require any additional equipment or installation on a customer’s home.
Available in all 50 states, Arcadia’s community solar product is ideal for those who live in apartments, have shaded roofs, or don’t want to be locked down in a 20-year agreement. Customers can purchase enough panels to bring their electricity bills to $0.
“We’re making solar savings inclusive rather than exclusive,” said Kiran Bhatraju, Founder and CEO of Arcadia Power. “Our product cuts through many of the barriers that have held solar power back for so many years. It’s modern, portable, reduces long-term energy costs, and is available to anyone that pays a power bill.”
Here’s how it works
- Customers go online here.
- They purchase a “Solar Savings Subscription” to a specific community solar farm in an optimal location maintained by Arcadia Power.
- Every month as their panels produce energy, it’s sold to a host or into the local power market, and customers receive bill credits directly on their utility bills.
- Arcadia’s software also allows customers to see their panels production in real-time and purchase panels across multiple projects.
The program also strengthens Arcadia Power’s pledge, as a member of the Department of Energy’s National Community Solar Partnership, to make Community Solar accessible to everyone.
Customers can buy as little as a single panel or can purchase enough panels to fully offset their local utility charges. Current available projects include solar installations in California, Massachusetts, and Washington D.C.
The community solar program runs on a sophisticated software platform developed over the last three years by Arcadia Power engineers that integrates with over 100 utility billing systems nationwide. This proprietary billing platform allows subscribers to receive monthly savings directly on their utility bills based on the energy production of the project.
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