{"id":2757,"date":"2023-11-30T09:31:00","date_gmt":"2023-11-30T09:31:00","guid":{"rendered":"https:\/\/thewealthcircle.com\/?p=2757"},"modified":"2023-11-30T11:55:08","modified_gmt":"2023-11-30T11:55:08","slug":"arcadia-power-review","status":"publish","type":"post","link":"https:\/\/kiiky.com\/wealth\/arcadia-power-review\/","title":{"rendered":"Arcadia Power Review: How Does Arcadia Power Work?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
Electricity is one of the most amazing, life-changing innovations made by man, and survival without electricity is almost impossible. <\/p>\n\n\n\n
Arcadia is one of the new-age electric power companies offering cheap and sometimes free power to Americans.<\/p>\n\n\n\n
Sincerely, this sounds too good to be true and almost impossible, but I tell you it is the truth. In this article on Arcadia power review, we’ll be looking into how they do the things they do.<\/p>\n\n\n\n
So do really take your time to read through. I’m sure Arcadia is something you’d really want to leverage, but before we dive in, please take out some time to glance through the table of contents for an overview of what you’ll see in this article.<\/p>\n\n\n\n
Arcadia is a company that gives consumers throughout the country the option to support clean, renewable energy sources \u2014 such as those provided by solar panels and wind farms. <\/p>\n\n\n\n
Arcadia wants to link you up with renewable energy without impacting your bottom line (or while at least keeping any cost increases as minimal as possible).<\/p>\n\n\n\n
To do that, the company offers consumers the opportunity to pay slightly more for renewable energy on a per-kilowatt-hour basis while also lowering their net utility costs through the use of better software and automated comparison shopping.<\/p>\n\n\n\n
Arcadia often offers incentives for people in certain states to sign up and become a customer. Right now, residents of select states can get a free Google Home Mini just for joining the service. You can click here to see if your state is eligible<\/a>.<\/p>\n\n\n\n Arcadia does not <\/em>send renewable power to your home. Instead, it gives you the ability to increase the overall demand for clean energy through the use of something called Renewable Energy Credits.<\/p>\n\n\n\n We\u2019ll touch on those in a minute. But first, it\u2019s important to understand why the company doesn\u2019t physically supply you with clean energy.<\/p>\n\n\n\n Simply put, there\u2019s no way for them to do so. That\u2019s because all sources of power \u2014 whether from coal, nuclear, wind, solar, or natural gas \u2014 eventually end up mixed together in the same place: the national energy grid.<\/p>\n\n\n\n This energy may be derived from different sources, but it all looks and functions the same \u2014 there\u2019s no way to tell the difference between wind energy and coal energy.<\/p>\n\n\n\n Once energy is pumped into the grid, it gets distributed to individual homes and business through power lines.<\/p>\n\n\n\n And right now,\u00a0only about 17% of the total energy that goes into the grid comes from renewable sources<\/a>. Arcadia\u2019s goal is to increase that figure.<\/p>\n\n\n\n The reason why only 17% of our energy comes from renewable sources is that it\u2019s more expensive to produce. And that makes it more expensive to consume.<\/p>\n\n\n\n Renewable Energy Credits (also known as Renewable Energy Certificates or RECs) are a way for people and businesses to subsidize the production of clean energy by choosing to pay extra.<\/p>\n\n\n\n Every time an energy company produces a one-megawatt hour of clean energy \u2014 such as from wind or solar farms \u2014 they get one REC. That REC (which has a unique serial number) can then be sold.<\/p>\n\n\n\n This allows the buyer to signify that their money directly supports clean energy as opposed to fossil fuels, and it allows the producer to sell their clean energy into the grid at more competitive rates.<\/p>\n\n\n\nWhere Does Arcadia\u2019s Electricity Come From?<\/strong><\/span><\/h2>\n\n\n\n
What Are Renewable Energy Credits?<\/strong><\/span><\/h2>\n\n\n\n
Here\u2019s how it works<\/strong>:<\/span><\/h2>\n\n\n\n