Nautilus Solar was selected amid a competitive bid process to monetize a $1.6 million grant from the New Jersey Board of Public Utilities for a solar project. A project was designed and built over six municipal buildings in the city, totaling 454 kW of solar power. The system accounts for almost 20% of the city government’s electricity bill and creates over $65,000 of annual savings.
“We are simply buying energy. We allow a company to use the rooftops of our buildings. They guarantee that the installation will be of a quality where we won't have any problems. They guarantee that the energy will be maintained over the period, over the life of the project, which in this case is 15 years. And they guarantee a rate. So really, the city doesn't have to get involved into technical things that we’re not professionals in. Our biggest concern was (a) saving money on our electric, and (b) continuing to grow our ecotourism industry in the community. And we were able to do that without getting involved in all the technical details of a solar project.”
-Jim Rutala, Ocean City Administrator