$81453
Annual Electric Savings
56%
Project Costs Offset Through Tax Credits
4 Week
Installation Timeline
THE STORY
Hi-Temp Insulation is a manufacturing company that provides the aircraft, missile, and space industries with metal foil, fire protection, and more. Like many energy-intensive manufacturers, they rely on significant electricity consumption to support daily operations and maintain production levels. Managing utility costs is critical to maintaining profitability and supporting continued growth.
THE GOAL
Hi-Temp Insulation was facing monthly electric bills averaging approximately $20,000 at its manufacturing facility. These rising energy costs directly affected the company’s operating expenses and overall bottom line.
The company sought a practical solution that would reduce long-term electricity expenses while providing a strong financial return. They partnered with Franklin Energy to identify and implement a renewable energy strategy capable of delivering immediate and ongoing savings.
THE SOLUTION AND RESULTS
Franklin Energy designed and installed a 310 kW rooftop solar system tailored to the facility’s energy needs. The project was completed in just four weeks, minimizing disruption to ongoing manufacturing operations while accelerating the delivery of energy savings.
In addition to reducing electricity purchased from the grid, the project leveraged available federal tax incentives that offset 56% of total project costs, significantly improving the project’s financial value.
As a result, Hi-Temp Insulation achieved $81,453 in electric cost savings during the first year alone. The solar installation provides a long-term energy management strategy that helps stabilize operating costs, improve financial performance, and support the company’s commitment to responsible energy use.
By combining renewable energy generation with available incentive opportunities, Franklin Energy helped Hi-Temp Insulation transform a major operating expense into a long-term business advantage.