Search
Close this search box.

A Steely Purpose:
Solar Reduces Energy Costs for Magnum Steel Works

Mt. Vernon, IL

June 2023

For Magnum Steel Works, a global fabrication and machining company based in Southern Illinois, an industrial solar installation for manufacturing in Illinois has offered a smart way to reduce rising energy costs while supporting efficient, modern operations. With energy-intensive equipment running daily, Magnum Steel saw solar as a long-term investment that aligned with their commitment to precision, performance, and cost control.

Ready to reduce your operating costs with solar?

System Details

Solar Array Design Icon
System Size
907 kW (DC)
Equipment
2,016 Boviet 450W Panels
7 SolarEdge Inverters
Energy Production
1,071,000 kWh Annually
75% Energy Offset
Dollar Sign Icon
Savings
First Year – $74.8K
Lifetime – $1.8+ Million

Solar Story

The Challenge: Managing Energy Costs in a High-Demand Manufacturing Operation

Magnum Steel Works, located in Mt. Vernon, Illinois, specializes in precision fabrication and machining for customers around the world. As an industrial manufacturer with energy-intensive operations, controlling electricity costs was an ongoing challenge. Leadership wanted a commercial solar solution that aligned with their efficient, high-tech processes while delivering long-term financial value.

The Solution: Industrial Solar Designed for Manufacturing

StraightUp Solar designed and installed a 907 kW rooftop solar system tailored to Magnum Steel’s operational needs. The system was engineered to support their manufacturing load while maximizing available rooftop space. Throughout their solar journey, Magnum Steel’s leadership emphasized the importance of working with an experienced, professional solar EPC company capable of executing large-scale industrial solar projects, a role StraightUp Solar was well-positioned to fulfill.

Beyond installation, Magnum Steel valued long-term system reliability. With a dedicated, full-time Operations & Maintenance (O&M) team, StraightUp Solar can provide care for the system over its lifetime, ensuring consistent performance and peace of mind long after installation is complete.

The Results: Significant Savings and Long-Term Energy Control

The system is projected to reduce Magnum Steel Works’ electricity costs by an estimated $55,400 in the first year and more than $1.8 million over 25 years. It generates enough energy annually to power the equivalent of 96 homes, helping stabilize operating expenses while reinforcing the company’s commitment to efficiency and innovation.

By investing in solar, Magnum Steel Works gained greater control over energy costs, improved long-term financial performance, and demonstrated leadership in adopting forward-thinking energy solutions within the manufacturing sector.

“Since installation, our power bill has dropped dramatically. The StraightUp Solar team was very professional. When they were done, there was nothing left behind to take care of.”

Jim Czerwinksi, President and CEO, Magnum Steel

Explore how solar can reduce energy costs for manufacturing facilities. Start your proposal. 

Incentives Overview

Magnum Steel Works leveraged multiple commercial solar incentives to strengthen the financial performance of their solar investment.

All scenarios are unique. Your financial breakdown may differ.

System Cost

Federal Investment Tax Credit

Solar Renewable Energy Credits

Federal MACRS & Bonus Depreciation

Smart Inverter Incentive

State MACRS Depreciation

Project Photos

Ready to strengthen your manufacturing operation with solar?

Reach out to connect with a Project Developer today to explore your facility’s energy-saving potential.

STRAIGHTUP SOLAR
Learning Center

LOCAL BUSINESSES
Trust StraightUp Solar

Start Your Free, Custom Solar Quote Today