WASHINGTON, November 17, 2021 / PRNewswire / – Arcadia, the tech company that empowers energy innovators and consumers to tackle the climate crisis, was publicly launched today Bow, a technological platform creating unprecedented access to the data and clean energy needed to decarbonize the network. More than 35 pioneer customers are currently developing integrated end-to-end energy experiences using Arc APIs. Arc’s capabilities have the potential to create significant environmental benefits at scale, stimulate innovation that could have an estimated impact of 155 million households and businesses while processing more than 1.8 billion metric tonnes of carbon dioxide (CO2) per year. *
Every major industry has digitized data to innovate, with the exception of the energy industry. To date, the industry has been slow to embrace technological change, remaining closed and obsolete. Therefore, data on public services are incomplete, difficult to access and inconsistent in the way it is organized and shared. To support the clean energy transition and the increased demand on the grid that will come with electrification, the energy system must become smarter and move from an analog energy grid to a digital information network. For the first time, Arc is bridging this flawed system by creating a digital layer of the most comprehensive platform of energy data, analytics, billing, and optimization capabilities available. This will allow real-time visibility and control over energy use and costs, enabling energy innovators to create a new class of smart, carbon-free and automated energy experiences and products.
Over 35 pioneering customers, including electric vehicle manufacturers, retail energy suppliers, home solar and storage suppliers, smart device manufacturers and service providers, community solar developers, etc., use Arc APIs to create smart and clean energy solutions. And the recent acquisition by Arcadia of Generability integrates Arc’s utility data collection capabilities with Genability’s industry-leading utility pricing engine, already used by a number of global companies creating climate technology experiments including Oracle, Ford, Swell and Alarm.com.
“Energy innovation has been blocked by fossil fuel utility monopolies for over 130 years. We are making the Internet of Energy possible, unlocking comprehensive energy data nationwide to support the development of a decentralized, carbon-free smart grid, ”said Kiran Bhatraju. , CEO and Founder of Arcadia. “This access to data will allow energy innovators to create thoughtful and climate-friendly solutions for their end users, from recharging their electric vehicles when the grid is cleanest and cheapest to automatically finding electricity tariffs. cheaper based on their home’s energy footprint. ”
The foundation of Arc is Connect, a user interface that integrates with data spanning over 80% of U.S. electric utility accounts and 125 utilities nationwide to power Arc’s four flagship products:
- Plug – Access account statement, tariff data and customer intervals to activate new automated energy products and services.
- Spark – Dive deep into advanced energy analysis to unlock valuable opportunities for savings, optimization, automation and engagement.
- Package – Unlocks monopoly control of utility billing, streamlining charges from multiple energy providers into a single branded statement, while enabling seamless payment transfer.
- Source – Connects every business, product or service directly to renewable energy sources like Arcadia’s community solar programs.
Arc is built on a foundation that has been in production for almost a decade. In 2014, Arcadia set out to make clean energy an easy choice for anyone paying an electric bill. Since then, the company has integrated over 700,000 utility accounts on its platform, processed over $ 470 million in residential utility bill payments and connected more than 3.7 billion kilowatt-hours of clean energy. Arc uses this proven technology to give companies and energy innovators access to products and data to unlock new solutions in the fight against the climate.
To learn more about Arc, please visit Arcadia Blog. To find out how Arc can help your business accelerate your development and contribution to the renewable energy revolution, please visit arcadia.com/arc.
Arcadia is a tech company to fight the climate crisis founded in 2014 and born from a simple idea: everyone deserves to have access to clean energy. Arcadia is breaking the monopoly on fossil fuels by creating unprecedented access to energy data and renewable energy sources through its technology platform, Arc, and its community solar program. Arc is fueling the renewable energy revolution by accessing data from 125 utilities nationwide, covering more than 80% of U.S. electric utility accounts. Arcadia manages more than five terawatt hours of residential and commercial energy demand and is the largest manager of community solar assets in the country. Join us on our mission and find out how you or your business can help realize the vision of a 100% clean energy future. www.arcadia.com.
* estimate based on EPA calculator for kWh in metric tons