Arcadia Power, an online renewable energy company, has announced a nationwide community solar platform that it says gives people around the U.S. the opportunity to support solar energy and get savings on their bills – no matter where they live.
According to the company, 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, the 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, adds Arcadia.
Customers can choose from a range of projects, pay an upfront Solar Subscription Fee, and every month during the term will receive savings on their utility bills. Customers can buy as little as a single panel or can purchase enough panels to fully offset their local utility charges. The company says current available projects include solar installations in California, Massachusetts and Washington, D.C.
“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.”
Arcadia Power says the community solar program runs on a software platform developed over the last three years by its 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.