WASHINGTON, March 3, 2021 / PRNewswire / – Arcadia, a clean energy technology company offering a monthly subscription service connecting tenants and landlords across the United States to wind and solar power, today announced the extension 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 generates energy, customers save on their electricity bills and more clean energy is added to the local grid.

Two-thirds of Americans, that is to say 85 million households, are not able to put 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 allows everyone, not just those in the ideal financial situation, to access clean, affordable energy. Arcadia is the largest manager of residential community solar subscriptions in the United States and pioneered a no-credit-check, no long-term contract, consumer-friendly, and open to anyone, regardless of status model. economic.

“The future of energy is people fueled, and we look forward to bringing Maine Guaranteed hassle-free solar energy savings for households, ”said Kiran Bhatraju, CEO of Arcadia. “Community solar energy can and should be easily accessible for everyone, from Portland at Millinocket. “

The expansion of Arcadia community solar power in Maine is through 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 greener environment. Maine. “

“We are delighted to be working with Arcadia to provide residential customers in 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 in Maine which also includes community solar power for small and large businesses, energy storage and partnerships with farmers to deploy agri-voltaics – solar power coupled with active agricultural uses. We are delighted to bring the benefits of solar energy to all of these stakeholders and to help from 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 of clean energy, enough clean solar energy to power 48,000 homes for a year.

To learn more about accessing community solar power through Arcadia, please visit: https://www.arcadia.com/

ABOUT ARCADIA

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 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 largest owner and operator of community solar assets. Thanks to 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 find out more about 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 review their account activity.

A B Corp certified company, BlueWave has received national recognition for its work in protecting the planet, including being named Clean Energy Company of the Year in 2018 by the Northeast Clean Energy Council, a premier company. plan by Real Leaders Magazine and leading growth. undertaken by Inc. Magazine and the Boston Business Journal.

Contact:

Brennan Johnson

[email protected]adia.com

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SOURCE Arcadia