Arcadia expands solar residential community in Maine
WASHINGTON, March 3, 2021 / PRNewswire / – Arcadia, a clean energy technology company offering a monthly subscription service connecting tenants and homeowners across the United States to wind and solar power, today announced the expansion of its community solar program in Maine. Community solar allows anyone to directly support a new solar project in their community and get cheaper, cleaner energy in their home. Instead of installing panels on a roof, customers can subscribe to a solar farm with no fees or long-term contracts. As the solar farm produces energy, customers save on their electricity bills and more clean energy is added to the local grid.
Two-thirds of Americans, or 85 million households, are unable to install solar panels on their roofs. This is a huge access gap that particularly affects tenants, those who cannot afford to buy or finance panels, or those with a shaded roof that is not suitable for roof panels. Community solar power enables everyone, not just those in the ideal financial situation, to access affordable clean energy. Arcadia is the largest solar subscription manager for residential communities in the United States and has pioneered a no-credit check, long-term contract model that is consumer-friendly and opens up the ‘access to all, regardless of economic status.
“The future of energy is people powered, and we look forward to Maine Guaranteed hassle-free solar energy savings, “said Kiran Bhatraju, CEO of Arcadia.” Community solar power can, and should, be readily available for everyone Portland at Millinocket. “
Arcadia’s community solar power expansion in Maine involves partnerships with leading community solar developer BlueWave Solar and leading solar project financier Summit Ridge Energy (SRE).
“Summit Ridge is delighted to partner again with Arcadia to help subscribe to our ever-growing community solar fleet,” said SRE CEO Steve raeder. “Once construction activities are completed in 2022, thousands of households, as well as dozens of commercial customers, will realize monthly savings on utilities while simultaneously supporting a Maine. “
“We are happy to work with Arcadia to provide residential customers Maine with a practical way to support local and clean energy, ”said Trevor Hardy, CEO of BlueWave Solar. “Our partnership with Arcadia is part of BlueWave’s broader development efforts and customer awareness by Maine which also includes community solar power for small and large businesses, energy storage and partnerships with farmers to deploy agrivoltaic systems – solar power coupled with active agricultural uses. We are delighted to bring the benefits of solar to all of these stakeholders and to help Maine commitment to a clean energy future. “
The expansion is also an important step in Arcadia’s national effort to achieve a 100% renewable energy future. Arcadia has partnered with solar developers to add 89 new projects in MD, RI, MA, IL, CO, NY, DC and ME in 2021. In their first year of operation, these community solar projects are expected to generate 400,000 WH clean energy, enough clean solar energy to power 48,000 homes for one year.
To learn more about accessing community solar power through Arcadia, please visit: https://www.arcadia.com/
Arcadia offers customers a simple, easy and affordable way to choose renewable energy, connecting their home and community to the highest clean energy standards. Founded in 2014, Arcadia integrates with 125 utilities in all 50 states, manages 4.5 terawatt hours of residential energy demand, and is the largest operator of residential community solar subscribers in the United States. Join us in realizing our vision of a 100% renewable energy future at www.arcadia.com.
ABOUT SUMMIT RIDGE ENERGY
Summit Ridge Energy is the nation’s leading owner and operator of community solar assets. Through dedicated funding platforms, the team acquires pre-operational projects in the rapidly growing solar energy and battery storage sectors. By the end of 2021, the ERS will have more than 200 MW of solar farms in operation, providing annual electricity savings to more than 30,000 households. Follow Summit Ridge Energy on LinkedIn and Twitter for updates, or learn more at srenergy.com.
ABOUT BLUEWAVE SOLAR
BlueWave’s mission is to revolutionize energy with simple and powerful solar solutions. As a pioneering solar developer and leading provider of community solar services, BlueWave has built over 155 MW of solar projects to date and provides community solar access to thousands of customers. Once built, these projects collectively generate enough solar power to avoid an estimated 119,000 metric tonnes of carbon emissions per year. BlueWave’s innovative community solar subscriptions allow homeowners, tenants, small business owners, municipalities and commercial building operators to save money and be part of the energy revolution. BlueWave’s state-of-the-art solar management platform enables owners and installers of solar assets to easily manage their customers while providing those same customers with an easily accessible online dashboard for signing up, managing their subscriptions and view their account activity.
B Corp Certified, BlueWave has received national recognition for its work protecting the planet, including being named 2018 Clean Energy Company of the Year by the Northeast Clean Energy Council, a High Impact Company by Real Leaders Magazine , and a leading growth company by Inc. Magazine and the Boston Business Journal.