Woodstock Solar Panel Installation
Magitek Energy Solutions Inc. is a renewable energy company with 25 years of experience powering homes and businesses in northern Illinois. Now focusing on solar panel installations, founder and CEO, Paul LaBarbera started his career as an electrical contractor. He has made it his mission to usher in a new wave of electrical responsibility.
As Green technologies become more mainstream, it is easier to get the best balance of quality and value for your needs. Magitek Energy Solutions Inc. has worked with a number of local municipalities in the Lake and McHenry county areas, consulting on best practices when drafting responsible ordinances for wind and solar installations. You can trust Magitek with your Woodstock solar panel installation, call today!
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