Spring Grove Solar Panel Installation
Magitek Energy Solutions Inc. is one of the leading companies in renewable energy in Northern Illinois. After starting out as an electrical contractor, Magitek’s founder and CEO, Paul LaBarbera deciding to shift his focus on renewable energy. Since 2008, Magitek Energy Solutions Inc. has completed numerous solar energy installations.
We are proud to have over 25 experience in powering homes and businesses. Green technologies continue to advance and become more common. As a trusted solar panel installation company, Magitek Energy Solutions Inc. has worked with local municipalities to act as a consultant when ordinances for wind and solar installations are being drafted. For the best combination of quality and value, call Magitek for your Spring Grove solar panel installation.
cut your carbon footprint
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.
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.
Federal Renewable Energy Tax Credit
Government, Not for Profit and School Incentive