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Arcadia Expands Residential Community Solar to Maine
Now all Central Maine Power customers can save on monthly power bills by supporting solar
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WASHINGTON, March 3, 2021 /PRNewswire/ Arcadia, a clean energy technology company offering a monthly subscription service connecting renters and homeowners across the US to wind and solar energy, announced today the expansion of its community solar program into Maine. Community solar allows anyone to directly support a new solar project in their community and get cheaper, cleaner energy at home. Instead of installing panels on a roof, customers can subscribe to a solar farm without fees or long-term contracts. As the solar farm generates energy, customers earn savings on their power bills and more clean energy is added to the local grid.
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The startup Griddy is behind many of the enormous energy bills that homeowners in Texas faced after the winter storm.
Griddy had big plans to disrupt Texas s electricity market when it launched in 2017. Now it faces a lawsuit filed by the state AG alleging that it misled customers.
The state grid operator has effectively shut the company down.
Griddy, a startup in Texas, had a simple pitch: Switch to Griddy and save money on your electricity bills.
Many Griddy customers were stuck with thousands of dollars worth of energy bills. Some owed more than $15,000 to the Houston firm, The New York Times reported.
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David Energy Secures $19 Million In New Financing To Launch A New Kind of Electricity Supplier
BROOKLYN, N.Y. (Feb. 9, 2021) David Energy, a new kind of electricity supplier, today announced the close of $19 million in new financing. The new capital includes a $4.1M Seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners, a global merchant commodities firm specializing in energy and its associate industries. Additional seed investors include Operator Partners, Box Group, Greycroft, Sandeep Jain and Xuan Yong of RigUp, returning angel investor Kiran Bhatraju of Arcadia, and Jason Jacobs’ recently launched MCJ Collective, an early-stage climate tech fund.