Solar power is amazing and is something that should be available to everyone. However, due to some people’s geographic locations, or space issues, solar panel installations aren’t always an option, and many people are losing out. But one company that is looking to change that and make this renewable energy source beneficial to a wider range of people is Arcadia Power.
No longer will you need to own your own solar installation to reap the benefits of one. The new concept that’s been developed will see consumers making direct investments in the renewable energy market and will receive money off their existing monthly utility bill instead. Not everyone can afford or have the space to erect a solar installation, so Arcadia Power is looking to help all those in this situation and bring renewable energy to everyone (in one form or another).
The way it would work is through the use of a communal agreement and advanced billing technology that has been set up with dozens of utility companies across the nation. Solar sites will be developed in Massachusetts, Washington D.C., and California to begin with. These will generate power that will then be sold on to the local utilities. Those wishing to get in on the deal will purchase Solar Savings Subscription for X amount of panels and in return will receive X amount of renewable energy credits that can be used to get money off their next utility bill.
The new system is a fantastic way to get more people involved in both supporting and reaping the rewards that renewable energy has to offer. Local utilities are still paid, and customers are getting ‘solar discounts’ without having to fork out for the installation. It’s a win-win situation!
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