Summit, NJ (August 14, 2024) - Nautilus Solar Energy, a leading pioneer in the solar energy industry, has announced it has extended its strategic partnership with EnergyMark, a reputed Williamsville, NY - based energy supplier and solar subscription manager. After one year of a successful partnership, the two companies have expanded their deal from approximately 17MW to 24MW, increasing from 7 projects to 10 projects in the National Grid utility territory. The partnership will be celebrated at the recently energized community solar farms in Grand Island, New York on September 4, 2024. The continued partnership aims to bridge the gap for local small to mid-size commercial businesses that have historically been left out of the community solar revolution.
A significant issue that many businesses face is the inaccessibility to solar credits, leading to missed opportunities in guaranteed savings on energy costs. Traditionally, these businesses have been sidelined due to credit rating requirements and long-term commitments, putting the benefits of community solar out of reach for many. The extended partnership with Nautilus and EnergyMark provides additional access to energy savings for these small to large non-rated businesses within Western and Central New York.
"Our mutually beneficial and successful partnership with EnergyMark has allowed us to deliver solar access for non-rated businesses through a trusted local energy supplier. As a result, we’ve been able to execute agreements with businesses quickly and with better terms, thanks to the solid, friendly relationships we've built," said Daniel Bozer, Community Solar Business Development Manager for Nautilus. “Additionally, my collaboration with my fellow Buffalonians has been a rewarding journey, working with local businesses in the National Grid utility to strengthen both the power grid and NY economies.”
Community solar empowers area businesses to notably reduce energy costs and carbon emissions by decreasing reliance on fossil fuels. Nautilus is the long-term owner of the community solar projects and is responsible for the energy production, maintaining its long-term performance, and managing customer subscriptions. EnergyMark will manage subscriber acquisition and administer the solar credits generated from the seven projects.
“We are thrilled to announce the expansion of our strategic partnership with Nautilis Solar, aimed at revolutionizing the community solar market. By combining our expertise and significant experience, we will deliver innovative, sustainable energy solutions that not only empower communities but also offer guaranteed savings for our customers,” said Luke Marchiori, Executive Vice President for EnergyMark. “Together, we are committed to enhancing environmental stewardship and driving collective progress toward a cleaner future while ensuring that our customers benefit from reduced energy costs and increased access to renewable energy.”
Community solar is one of the fastest growing sectors of the New York clean energy industry, providing locally produced, affordable clean energy to everyone. Community solar not only provides cost savings but also aids in grid reliability and resilience, creates local jobs and economic development for the local community, and boosts infrastructure development, paving the way for a cleaner, more sustainable future.
The Empire State has become Nautilus’s largest community solar market, with nearly 200MW in development and operation. Small to mid-size commercial businesses interested in learning more about this community solar opportunity should contact EnergyMark by visiting https://energymarkllc.com/contact/
About Nautilus Solar Energy, LLC
Nautilus Solar Energy®, LLC is a leading community solar company, providing clean energy to residential and commercial customers in local communities. Nautilus operates and manages solar farms in 10 states and is responsible for financing, development, maintenance, and customer service for the lifetime of the project. Founded in 2006, Nautilus has helped shape the future of solar to provide an equitable and affordable renewable energy choice for all. Nautilus is owned by Power Sustainable, a wholly owned subsidiary of Power Corporation of Canada. Power Sustainable is a multi-platform alternative asset manager with a long-term investment approach focused on sustainable strategies. For more information on Nautilus Solar Energy visit nautilussolar.com. Join Nautilus on LinkedIn, Facebook, Instagram, and Twitter.
About EnergyMark
EnergyMark, a leader in independent energy supply based in Williamsville, NY specializes in direct sourcing, storage, and distribution of natural gas, electricity, and renewable energy from NY and other regional supply sources. The company provides energy supply and management services to over 15,000 Northeast US clients, including The Buffalo Bills.
Media Inquiries:
For Nautilus Solar: Carlene Pruitt, Public Relations/Communications, Nautilus Solar Energy LLC, 908-795-3038, carlene@nautilussolar.com
For EnergyMark: Luke Marchiori, Executive Vice President, EnergyMark, LLC, 716-632-1800, lmarchiori@energymarkllc.com