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Arcadia Power is a clean energy platform that helps consumers access and use renewable energy sources. Founded in 2014, the company is headquartered in Washington, D.C., and offers a range of services designed to help individuals and businesses reduce their carbon footprint and support sustainable energy practices.
The basic premise of Arcadia Power is simple: by connecting consumers with renewable energy sources, the company allows them to reduce their reliance on traditional fossil fuels and help fight climate change. In practice, this involves a range of tools and services that are designed to help consumers take advantage of renewable energy sources and make sustainable choices when it comes to energy consumption.
One of the core features of Arcadia Power is its free platform for tracking energy usage. By connecting to a consumer’s utility account, the platform can monitor energy consumption and provide insights into how and when energy is being used. This information can be used to help consumers identify areas where they can reduce their energy consumption, such as by turning off lights or appliances when they’re not in use.
Another key feature of Arcadia Power is its renewable energy credits (RECs) program. This program allows consumers to support renewable energy production by purchasing RECs that are generated from renewable sources like wind or solar. When a consumer purchases a REC, they are effectively paying for the right to claim that they’ve supported renewable energy production. These RECs can be purchased in increments as small as $0.015 per kilowatt-hour, and can be used to offset the carbon emissions from traditional energy sources.
Arcadia Power also offers a range of other services that are designed to help consumers save money and reduce their carbon footprint. These include a community solar program, which allows consumers to purchase a portion of a solar farm’s output, as well as an energy bill pay service that makes it easy for consumers to pay their utility bills online.
Arcadia Power’s mission is to make it easy and affordable for consumers to access and use clean energy sources. By providing a range of tools and services that are designed to help consumers reduce their carbon footprint, the company is working to create a more sustainable future for everyone.
So, how did Arcadia Power come to be? The company was founded in 2014 by Ryan Nesbitt and Kiran Bhatraju, two friends who had a shared passion for clean energy and sustainability. At the time, the two were working in finance and technology, respectively, and were frustrated by the lack of accessible clean energy options for consumers. They believed that there was a better way to connect consumers with renewable energy sources, and set out to create a company that could make it happen.
In the early days of the company, Nesbitt and Bhatraju focused on building relationships with renewable energy providers and developing the technology necessary to connect consumers with clean energy sources. They also worked to develop the tracking and REC programs that would become core features of the Arcadia Power platform.
Today, Arcadia Power has grown to become one of the leading clean energy platforms in the United States, with tens of thousands of customers across all 50 states. The company has also attracted significant investment from venture capital firms, including Energy Impact Partners, G2VP, and BoxGroup.
As the world continues to grapple with the urgent threat of climate change, companies like Arcadia Power are becoming increasingly important. By providing accessible and affordable clean energy options for consumers, these companies are helping to accelerate the transition away from traditional fossil fuels and towards a more sustainable future. And with continued innovation and investment, there’s no telling what kind of impact they’ll be able to make in the years and decades to come.
Did you know that Arcadia Power has an affiliate program?
Here is some basic information about what Arcadia Power is all about. Check it out, and if you are interested there is a link below to access the Arcadia Power affiliate program.
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