Algonquin Solar Panel Installation
Starting life as an electrical contractor, Magitek Energy Solutions Inc. has over 25 years of experience powering homes and businesses. Today, Magitek is one of the most established companies in the renewable energy industry in northern Illinois. Magitek has completed numerous wind and solar energy installations since 2008.
Paul LaBarbera, Magitek’s founder of CEO, has undertaken a personal mission to usher in a new wave of electrical responsibility. It is our goal to show others it’s possible to have the best balance of quality and value from today’s available options. For Algonquin solar panel installations you can trust, call Magitek Energy Solutions Inc.
energy independence
cut your carbon footprint
cutting-edge technology
State & Federal Solar Energy Incentives
Solar powered energy is a great way to take control of your energy rather than continuing to depend on massive and impersonal utility companies. It’s such a good idea that it’s supported by State of Illinois and Federal incentives.
This includes:
Federal Renewable Energy Tax Credit: This is an incentive from the Federal Government for solar, geothermal, wind and other renewable energy installations. An owner of a newly purchased system can deduct a percentage of the cost of the system from their taxes. Percentage amounts and expiration dates vary between residential and commercial installations.
Renewable Energy Credit Program (REC): This incentive is available to commercial, industrial, local government, nonprofits, residential, state, federal and agricultural entities. Illinois Shines is the brand name of the Adjustable Block Program which provides incentive money based upon your system’s production of Renewable Energy Credits (RECs). Receive credits for every 1,000 watts your system produces, and receive money for these credits.
Important Links
Federal Renewable Energy Tax Credit
