PROJECT SUMMARY
Refractech is a refractory manufacturing company. They make heat-resistant materials for furnaces, kilns, boilers, incinerator, heaters, stacks, and flues. These are then supplied to other manufacturing companies. Part of the refractory process involves using an electric arc furnace to melt the refractory raw materials. Additionally, they have an overhead crane, weighing instruments, a forklift, a large capacity dryer, high shear mixers, and vibration equipment. This is all electricity intensive.
Solar was a way for Refractech to reduce their energy expenses without impact on their operations. No processes needed to be changed or machinery swapped out. Solar was just seamlessly installed over 4 days. The low cost of solar means increased cash flow for business. It’s a solid way to increase your bottom-line.
For Refractech, their system is set to save them $5,222 per year and be paid off in 3.9 years.
SPECIFICATIONS
SYSTEM SIZE – 14.88kW
PANEL BRAND – BYD
PANEL MODEL – 310W
PANEL QUANTITY – 42
INVERTER BRAND – APS
INVERTER MODEL – YC600
INVERTER QUANTITY – 24
KEY FEATURES
System size – 14.88kW
Annual solar production – 21.1MWh
Average daily solar production – 58kWh
Net-metered project exports excess generation to the grid
Return on Investment – 25.68%
Annual savings – $5,222
Projected payback period – 3.9 years
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