Readers could have seen your ad here when reading this story. Email retailenergyx@gmail.com
       Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation

Marketer Offering 50% Free RECs Raises $6 Million To Expand Program

June 05,2017



Arcadia Power, a RECs marketer which offers customers the ability to elect 50% wind power for no fee, announced that it has closed a $6 million Series A investment round led by Energy Impact Partners (EIP), with participants including prior investors BoxGroup and Wonder Ventures.

The capital raised will be used to increase Arcadia Power's utility partnerships, expand the company's community solar projects, and roll out new product offerings.

Arcadia Power offers the 50% wind power in exchange for the customer making Arcadia Power their agent for utility bill payments, with customers paying Arcadia Power, and Arcadia Power facilitating payment to the utility

Under Arcadia's terms of service, the payments facilitated by Arcadia Power may incur a fee. The fee may vary, depending upon factors, including but not limited to the utility, the payment method, and promotions run by Arcadia Power.

Arcadia Power also offers 100% wind energy under the same billing arrangement for an additional fee.

Tags:
Arcadia Power   Finance   Wind  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
Executive Director -- Retail Supplier
Director/Manager Channel Sales -- Retail Supplier -- Houston
Director of Billing Operations
Analyst, Supply/Settlements -- Retail Supplier -- Houston
Manager of Supply -- Retail Provider -- Dallas


More Stories on RetailEnergyX.com:
Power Marketer Purchases Wind Farm, To Dedicate Output To PPA With General Motors
PE Firm Whose Platform Has Invested In Retail Supplier Adopts New Name
NY Adopts Environmental Impact Statement For Offshore Wind Procurement
Merchant Generator Enters Restructuring Agreement Ahead Of Prepackaged Bankruptcy Filing
Vivint Solar Closes $811 Million Of New Financing


comments powered by Disqus





Advertise here:
Email retailenergyx@gmail.com


Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service

Home


Developed by: Avidweb Technologies inc.