Arcadia Power
American startup launches a solar energy service for renters across the U.S.
The renewable energy services company Arcadia Power has just launched a new product that allows renters across the U.S. to buy renewable energy. It’s a significant step forward for the renewable energy project developer and operator and it’s potentially a game changer for the renewable energy movement. Arcadia’s logic is simple. There are a number of renters or non-homeowners who would like to be able to invest in sustainable energy, but don’t have the means. The vast majority of Americans can’t do rooftop solar. There’s only about 8% of Americans that can. Those people are barred from such direct investments in a solar project because they live in multi-tenant houses, and can’t just throw up a solar panel anywhere they want. Using Arcadia, these environmentally minded consumers can invest in projects across the United States and reap the benefits of that energy generation as if it were coming from their own home.