McHenry County Solar Panel Installation
Since 2008, Magitek Energy Solutions Inc. has completed numerous small wind and solar energy installations in Northern Illinois. Magitek Energy Solutions Inc. started out doing business as an electrical contractor but now is one of the most established renewable energy companies in Northern Illinois, with over 25 years of experience powering homes and business.
Magitek’s founder and CEO, Paul LaBarbera has made it his mission to usher in a new wave of electrical responsibility and show the best balance of quality and value. As Green technologies continue to become mainstream, Magitek Energy Solutions Inc. has kept up-to-date with the latest technology. We have even worked with a number of local municipalities, consulting Government bodies as they draft considerate and responsible ordinances for wind and solar installations. For solar panel installation in McHenry County, get in touch with Magitek Energy Solutions Inc.
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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
