Are you searching for a way to lower your power bill?
Have you noticed that the price just keeps getting higher every month?
In this post, you can find out how a new company called Arcadia Power can help you save tons of money on your power bill. Best of all, just like you would when you lower your water bill, you might even be able to help the environment.
Arcadia Power helps customers get a better deal on energy and use greener energy sources, according to Business Insider. The service is so reliable, in fact, that Amazon is partnering with Arcadia Power to sell and install smart home kits. This company is bringing renewable energy innovation to households across America, says Conscious Company.
What will I learn?
What is Arcadia Power?
This is a free service that tracks the prices you pay for energy. It compares your rates to the market and, if there’s a better deal, it will automatically switch you to a lower rate. Even better, it matches your energy usage with clean energy, so you’re being environmentally friendly too!
You might be wondering, how can it be free?
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There are no fees to make an account, and you can cancel at any time with no worries about hidden charges.
However, there are a few premium features you can choose to pay for if you want. We will discuss those features and what they do later on in the article.
How Does Arcadia Power Work?
You sign up for a free membership, which works for most utilities. There are no contracts involved with membership, so you can stop anytime you want.
Your free plan will source 50% of your electricity and renewable sources at no extra charge. Plus you’ll get price alerts for better deals. If you like the free plan, then you can choose to go premium and get up to 100% clean energy.
The service works in three basic steps.
- Step 1: Take a few minutes to sign up and connect your utilities account to Arcadia Power.
- Step 2: The company does all the work from here. They monitor your energy and compare it rates on the market. Then they match 50% of your energy with a clean alternative.
- Step 3: Save money and enjoy clean energy.
It’s that easy!
How Do I Sign up for Arcadia Power?
Signing up can be done in a few easy steps.
- Step 1: Visit the website here and click on the “Get Started” button at the top of the page.
- Step 2: Enter your information and continue to the user dashboard.
- Step 3: Click the “check availability” to finish the sign-up process and save money on your utility bills!
They also have a “How it works” section where you can learn how everything works in detail before signing up.
How Much Money Can Arcadia Power Save You?
This can vary, depending on your area.
They won’t switch suppliers for you unless you can get a deal lower than what you are paying.
Generally, you can save around 30%
Arcadia Power Pros & Cons
Here are the basic benefits and issues that come with the service, according to all the user reviews we read.
- Uses renewable energy
- Free plan anyone can use
- Available across the U.S.
- Price alerts in certain states that automatically find you deals
- Plans change based on where you live
- The premium plan doesn’t save you as much money
Different Types of Services
There are many premium services that Arcadia offers.
Here, we will discuss each one of them and how they can help you save money if they do so.
Your utility bills can be paid automatically with this service. You can even use a credit card without worrying about fees.
This service has a free option, in which 50% of your energy comes from wind energy. You can also choose to enroll in the 100% or Evergreen memberships, which come at an additional cost of 1.5 cents per kWh. You spend on average $10 more per month, however, the energy is clean and better for the environment.
If you’re a member in one of the following states, you can get continuous price monitoring of power rates in your area.
- New Hampshire
- Rhode Island
- New Jersey
- New York
There is a nationwide program in which a member pays one upfront cost of $100 per solar panel. After that, a month solar credit is added to your Arcadia Power bill. You save $1 per month per panel, however, those rates are anticipated to change as more people become involved in the program.
If you live in MD, DC, or NY, you can be enrolled automatically to the community solar program without needing to install your own panels or equipment.
Better Business Bureau Ratings
Before ever enrolling into a program that costs money, it’s important to make sure that the business is legit. That’s why we are providing a brief description of Arcadia’s BBB profile.
This is an accredited business with a B rating from the BBB. The reason for this rating is that it has had 27 complaints filed against the business. The majority of these complaints have been responded to and solved by the business.
There are also 38 reviews of the business, resulting in an average of almost 4 stars out of 5. To read the full BBB profile, click here.
Arcadia Power Customer Reviews
Before you enroll in a membership, you might want to see what other users have said.
Here are some Arcadia Power reviews on Reddit:
“I’ve been using Arcadia Power for 6 months. Depending on what you want out of it and what they offer in your area, it can be a good deal. They have a free “50% wind energy” program that works with a lot of utilities. Since Arcadia lets you pay your electric bill w/o an additional fee, using the free 50% program lets you use a credit card to pay your electric bill, get the credit card rewards/points, and supports renewable energy. Win-win-win. All at no additional cost,” said one Reddit user.
“I use them up in NY state & very much like it! I have Solar Panels as well (which they were upfront about that if I had them I should contact them & let them know, & I did) & they have a great interface, I can pay (fee free) with a credit card (getting additional cash back savings) & they notified me 2 different times about lower rates they’ve locked me into. Overall I’m very pleased with them,” said another Reddit user.
There are some who aren’t fans of the service, however. “Arcadia does not provide you with clean energy. They purchase worthless renewable energy credits (RECs) on your behalf. Here’s how it works: Some states have installed much more wind energy than required by law, for example, Texas. When this happens, the excess RECs are worthless. Arcadia buys the RECs and then tells you your energy is clean. It is not. Buying RECs does NOTHING to lower emissions. Buying excess RECs does not support clean energy. You are not supporting clean energy, you are just giving money to Arcadia to support their illusion,” said one Reddit user.
What this person doesn’t take into account, however, is that as Arcadia grows, so does the demand for clean energy. As the demand increases, so will the production of clean energy.
So is it worth it?
For the free version, definitely. You have a good chance of saving about 30% off your utility bills completely free, plus you can help the environment.
For the premium services, however, you aren’t likely to save money. In fact, you probably will spend more but get the benefit of getting 100% clean energy.
At the end of the day, it’s up to you to decide if it’s worth it.
Have you used Arcadia Power before? What’s is your review of Arcadia Power? What are some ways you lower your utility bill? Let us and our readers know about it in the comments below.