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PowerMarket: The Smart Way to Save on Energy While Supporting Clean Power

If you’ve ever looked at your electric bill and wondered whether there’s a better way to power your home, one that’s both affordable and environmentally responsible, you’re not alone. Millions of Americans are searching for smarter energy solutions that don’t require rooftop solar panels, upfront costs, or complicated contracts. That’s where PowerMarket comes in.

PowerMarket is a clean energy platform that makes it easy for everyday consumers to tap into local renewable energy projects — without installing anything or changing utility providers. Whether you’re a renter, a homeowner, or a small business owner, PowerMarket offers a simple way to save money and support clean energy in your community.

What Is PowerMarket?

PowerMarket is a software-driven energy platform that connects consumers to shared renewable energy projects — most commonly community solar. Founded in 2014 and headquartered in New York, PowerMarket partners with utilities, solar developers, and environmental advocacy groups to make clean energy more accessible, affordable, and widespread.

Instead of installing solar panels on your roof, PowerMarket lets you subscribe to a portion of a large solar farm (or other renewable energy project) located in your area. As that project generates electricity, you receive credits on your utility bill based on your share of the energy produced. Then, you pay PowerMarket for those credits – at a discounted rate. The result? You save money and support clean energy, all without lifting a finger.

Why Community Solar Matters

Community solar is part of a broader movement known as shared renewables. It’s a way to democratize access to clean energy by allowing people to benefit from solar power, even if they can’t install panels themselves. That includes renters, people with shaded roofs, or anyone who simply doesn’t want the hassle and cost of installation and maintenance.

Here’s why community solar is gaining traction:

– 🌞 No installation required : You don’t need to own your home or install anything.

– 💸 Guaranteed savings : You pay less for electricity than you would through your utility.

– 🌍 Environmental impact : You’re directly supporting clean energy projects in your area.

– 🧘 Low effort, high reward : Once you’re signed up, everything runs automatically.

PowerMarket makes this process seamless by handling the logistics, matching you with a local project, managing billing, and ensuring your credits are applied correctly.

How PowerMarket Works

Signing up with PowerMarket is refreshingly simple. Here’s a step-by-step look at how it works:

– Sign Up Online : Visit PowerMarket.io and enter a few basic details, like your zip code and utility provider. This helps match you with a local renewable energy project.

– Get Matched : PowerMarket finds a community solar project near you that has available capacity. You don’t need to install anything or switch utility companies.

– Share Allocation : Based on your typical energy usage, you’re assigned a share of the solar farm’s output.

– Monthly Credits : As your share generates electricity, PowerMarket applies credits to your utility bill. These credits reduce the amount you owe your utility.

– Discounted Payment : Instead of paying your utility, you pay PowerMarket for the credits – at a discounted rate. That means real savings every month.

– Track Your Impact : Through PowerMarket’s dashboard, you can monitor your savings and see how much clean energy you’re helping generate.

Who Can Join?

One of their biggest strengths is its inclusivity. You don’t need to own a home, have a perfect roof, or live in a sunny state to participate. Eligible participants include:

– Renters
– Homeowners
– Small business owners
– Places of worship
– Nonprofits

PowerMarket is currently accepting enrollment in CA, IL, MA, MD, ME, MN, NJ, NY, RI, and NM. If you’re unsure whether your area is covered, the sign-up process will let you know right away.

What Does It Cost?

Here’s the best part: it costs nothing to join. In fact, you’ll save money! PowerMarket doesn’t charge any upfront fees, and there are no hidden costs. You simply pay for the energy credits you receive – at a lower rate than your utility would charge. Most users see savings of 5–15% on their monthly electricity bills, depending on their location and energy usage.

For budget-conscious households, that’s a meaningful difference. Over the course of a year, those savings can add up to hundreds of dollars.

Real-Life Benefits

Let’s say you’re a renter in upstate New York. You pay around $120 a month for electricity. After joining PowerMarket, you start receiving solar credits that reduce your utility bill to $100. You then pay PowerMarket $90 for those credits. That means you’re saving $30 a month – without doing anything beyond signing up.

Multiply that by 12 months, and you’ve saved $360. Now imagine what you could do with that extra cash: groceries, gas, streaming subscriptions, or even a weekend getaway. And it’s not just about the money. You’re also helping reduce carbon emissions, support local solar jobs, and contribute to a more resilient energy grid.

PowerMarket’s Partners and Impact

PowerMarket doesn’t operate in a vacuum. It collaborates with major utilities like Con Edison, solar developers, and environmental organizations to bring clean energy projects to life.

The company has received funding from the U.S. Department of Energy, NYSERDA (New York State Energy Research and Development Authority), and ACRE, among others. These partnerships help ensure that their projects are well-managed, financially sound, and environmentally impactful.

As of mid-2025, PowerMarket reached a major milestone: 1 gigawatt of clean energy capacity under management. That’s enough to power hundreds of thousands of homes – and it’s just the beginning.

Is PowerMarket Right for You?

If you’re looking for a way to save money, reduce your carbon footprint, and support local clean energy, all without installing anything, PowerMarket is worth a serious look.

Here are a few signs it might be a good fit:

– You’re tired of high electricity bills.

– You want to support renewable energy but can’t install solar panels.

– You live in a state with community solar programs.

– You prefer low-effort solutions that deliver real value.

PowerMarket is especially appealing for renters and apartment dwellers who are often left out of the clean energy conversation. With this platform, you can finally participate in the energy transition – on your terms.

How to Get Started

Ready to give it a try? Here’s how to get started:

– Visit PowerMarket.io
– Enter your zip code and utility provider.
– Review available projects and select one that fits your needs.
– Complete the sign-up process.
– Start saving and tracking your impact.

The entire process takes just a few minutes, and there’s no commitment or cancellation fee. If you move or change your mind, you can opt out anytime.

Beyond the Bill: Why It Matters

PowerMarket isn’t just about saving money – it’s about shifting the way we think about energy. By participating in community solar, you’re helping build a cleaner, fairer energy system that benefits everyone.

You’re also sending a message to utilities and policymakers: consumers want affordable, sustainable options. And when enough people make that choice, it drives real change. So whether you’re motivated by savings, sustainability, or simply curiosity, PowerMarket offers a practical way to make a difference – without making a fuss.

The Bright Side of Clean Energy

PowerMarket proves that clean energy doesn’t have to be complicated, expensive, or exclusive. It’s a straightforward way to lower your bills and raise your impact.

For MyBargainBuddy readers who love a good deal and care about the planet, this is one opportunity that checks all the boxes. No gimmicks, no greenwashing – just real savings and real change. Take a few minutes to explore PowerMarket. Your wallet and your world will thank you.