Wonder Lake Solar Panel Installation
As one of the most established renewable energy companies in Northern Illinois, Magitek Energy Solutions Inc. is proud to have worked with a number of local municipalities in the Lake and McHenry County areas as a guide when drafting responsible ordinances for wind and solar installations. Magitek has completed numerous solar energy installations since 2008, though they have over 25 years of experience in powering homes and businesses in northern Illinois.
Founder and CEO, Paul LaBarbera has undertaken a personal mission to usher in a new wave of Green energy usage and has forged relations with some of the industry’s leaders. Magitek has kept up with the changes in Green technologies as they continue to make inroads into the mainstream. Get in touch with Magitek for solar panel installation in Wonder Lake.
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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
