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Originally Posted by villagetinker
I just received an email, referencing signing up for Arcadia Power, called SECO Energy, and sent it to them for their review. I did check on Google, and it appears that if you sign up for this "service", Arcadia Power pays your power bill, and then bills you for the power used with 1.5 cents per kwh for the renewal energy.
Bottom line, while this is promoted as renewal energy, this is going to cost you MORE.
Hope this helps.
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Apparently, this "service" is not a scam. The concept is promoted and recommended by the Environmental Protection Agency. So, for people who support renewable energy, this is a way to "put your money where your mouth is" by diverting money to companies that produce renewable energy. I would not sign up for the program because I believe that renewable energy companies should compete on an equal basis with non-renewable energy companies. But, if you think that signing up for this service is a ripoff, then electing politicians who spend your tax dollars on renewable energy is also a ripoff.