Arcadia, which manages photo voltaic subscriptions for residential communities, has expanded its neighborhood photo voltaic program to Maine.

The enlargement was made doable by means of partnerships with neighborhood photo voltaic developer BlueWave Photo voltaic and challenge finance firm Summit Ridge Power (SRE).

The enlargement marks the eighth state that Arcadia operates in, plus the District of Columbia. The corporate is among the largest managers of residential neighborhood photo voltaic subscriptions within the nation, with 20 on-line neighborhood photo voltaic initiatives and 40 extra initiatives in improvement.

The corporate stated it plans so as to add 89 new initiatives in Maryland, Rhode Island, Massachusetts, Illinois, Colorado, New York, DC and Maine in 2021.

Arcadia stated its enterprise mannequin requires no credit score checks and no long-term contracts. Credit score checks and revenue verification insurance policies have been recognized by Vote Photo voltaic Entry and Fairness Advisory Committee as one of many greatest obstacles to implementing low- and middle-income neighborhood photo voltaic applications, as they scale back the general equity of a swap to renewables.

Arcadia’s providing additionally integrates with utility billing methods, so clients pays a sometimes decrease power invoice every month. Clients also can cancel their subscription at any time and not using a cancellation payment.

Arcadia stated this coverage advantages subscribers who stay in residences or different rental properties. Having the choice to cancel at any time encourages tenants to subscribe, as they haven’t any obligation to switch their dedication to the subsequent tenant.

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