Blog

Utility-scale solar growth in Texas likely to force out remaining coal plants

Utility-scale solar growth in Texas likely to force out remaining coal plants

ERCOT’s 14,000 MW of remaining coal capacity could be forced into retirement, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). That is due in large part to large amount of new utility-scale solar capacity coming online, following years of new wind development. Solar capacity in ERCOT has increased […]
Dominion Energy completes Virginia offshore wind pilot project

Dominion Energy completes Virginia offshore wind pilot project

Dominion Energy has completed its 12 MW pilot offshore wind project off the coast of Virginia, consisting of two Siemens Gamesa 6 MW turbines. The project is expected to be connected to the grid later in summer, following testing. The permitting, design, installation, and operations experience from the pilot will allow Dominion to move forward […]
Wind capacity additions set a new record

Wind capacity additions set a new record

The United States set a new record with the addition of 2,617 MW of wind capacity during Q1 2020. According to S&P Global Market Intelligence, installed wind capacity in the United States now exceeds 107,000 MW. This represents a sizable increase compared to the 61,500 MW of installed wind capacity as of Q1 2014. New […]
Renewable energy consumption in US exceeds coal for the first time since 1880

Renewable energy consumption in US exceeds coal for the first time since 1880

2019 saw the United States consume more energy from renewable power sources than coal for the first time in over 130 years, according to the EIA. This is a result of continued growth of renewables like wind and solar and continued declines in the use of coal for electricity generation. Coal consumption fell 15% from […]
Renewable energy tax credit window extended

Renewable energy tax credit window extended

The U.S. Treasury Department and the Internal Revenue Service extended the renewable energy tax credit window on Wednesday May 27th. As a result, renewable energy facilities will have more time to qualify for production tax credits (PTCs) and investment tax credits (ITCs). The plan extends the Continuity Safe Harbor for projects that began construction in […]
US rig count lowest on record

US rig count lowest on record

The number of active oil and natural gas drilling rigs in the United States reached an all-time low on May 15th, when there were 258 oil rigs 79 gas rigs, according to Baker Hughes data.  Baker Hughes has been tracking rig counts since 1987. Oil rigs saw the steepest decline, due to a sharp decrease […]
No results found.

What Our Clients Say

We’ve worked with evcValuation for several years on property tax disputes that’s reached a state-level appeal board. The team is well qualified for dealing with power plants and power market specifics. They understand differences across technologies and markets and how to account for these in their work. The specific property they’ve advised us on has a host of complexities, and I’ve been impressed with evc’s thoughtful approach and ability to tackle these issues. They work efficiently and have always responded to any questions or concerns we’ve had promptly. Kevin and his team provide a solid product and they’re at the top of our list of people to call for property tax disputes.

Experienced business valuation professional providing accurate valuation services.
Jonathan Beach
Principal
Rockland Capital

We have used evcValuation on multiple power generation plants throughout the United States with respect to ad valorem property tax disputes. The dedicated professionals at evcValuation go to great lengths to ensure their reports are both thorough and accurate. To achieve this, they dig deeper and pull back layers that many would simply gloss over…

Professional business valuation services for optimal asset appraisals.
Dan Zazzali
Partner
McCarter & English LLP

I’ve partnered with Kevin Reilly and evcValuation on some of the most complex valuation assignments in the country, including nuclear power plants, cogeneration facilities, wind and solar farms, battery storage sites, and more. In every instance, evcValuation brings an unparallelled level of expertise and integrity to the table.

What makes Kevin such a powerful and credible witness isn’t just his knowledge or meticulous preparation—it’s that he is never an advocate for his client. He is an advocate for the right value. Commitment to objectivity is evcValuation’s “secret sauce” and why juries and judges find them so credible. Kevin’s objectivity allows him to maintain an even demeanor in deposition or on the witness stand under the most rigorous examination.

When it comes to valuation of complex properties, evcValuation is the best in the business. There are a number of appraisers who write excellent reports, and there are several who tell a good story. evcValuation is one of the very few who do both. Their work is consistently thorough, defensible, and rooted in a deep understanding of appraisal theory, the subject property, and the market. When the stakes are high, you need the best in your corner, which is why evcValuation is our first call.

Professional valuation expert smiling in a business suit.
Raymond Gray
Founding Partner of Gray Winston & Hart, PLLC

We have used evcValuation on several projects in Oklahoma, ranging from railroads to renewable energy properties. Kevin Reilly’s testimony was instrumental in achieving success in the landmark Oklahoma wind case, Kingfisher Wind, LLC v. Wehmuller, 2022 OK 83, 521 P.3d 786. Kevin’s team at evc is top-notch. They are thoughtful, thorough, and prompt with their work and communication with the attorneys and the client. We look forward to working with them in the future.

Expert vehicle valuation services for accurate business appraisals.
Jay Dobson
Partner
Elias, Books, Brown & Nelson