Power Generation & Utilities

The valuation of power plants and transmission and distribution facilities (electric, gas and water) requires both experience and knowledge about engineering and economic factors.

The valuation of power generation facilities and utility assets requires in-depth knowledge of a variety of relevant technologies, the markets in which they currently operate, and anticipated market changes related to underlying economic dynamics. evcValuation has been involved in power plant and utility valuation projects across the country, working in every segment of the Power Generation and Utility Industries.

Appraising tangible assets for power generation and utility assets includes the valuation of property, plant, and equipment (PP&E)—all requiring complex assessments and calculations. evcValuation has power plant valuation experience in nuclear, coal, natural gas, combined cycle gas turbines, gas-fired combustion turbines, gas-fired steam plants, geothermal, renewable energy, biomass, and cogeneration power plants. We also have experience in utility valuations including electric transmissions and distribution, natural gas and water systems.

evcValuation’s power plant valuation services include in-depth knowledge of these factors:

ISO/RTO Markets (Regional Markets)
Construction Capital Costs
Supply/Demand Market Conditions
Environmental/Regulatory Issues (past, present and future)
Expected levels of industry returns on investment
Age/Life Relationships of equipment
Operating Characteristics of new and old facilities
External Operating Characteristics effecting plant operations
Commodity price projections
Levels of operating expenses and required capital investments

At evcValuation, our ASA-accredited appraisers have extensive experience in power plant and utility valuations, making us well aware of the market dynamics shaping the Power Generation and Utility sectors. Our thorough knowledge of environmental and regulatory factors and their impacts on value ensures we deliver reliable valuations for power plant and utility assets.

We also excel in valuing sustainable technologies, offering professional appraisal services for renewable energy facilities, including wind, hydro, solar, biomass, geothermal, and waste-to-energy plants.

Learn more about our renewable energy valuation services.

What Our Clients Say

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…

Dan Zazzali
Partner
McCarter & English LLP

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.

Jonathan Beach
Jonathan Beach
Principal
Rockland Capital

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.

Jay Dobson
Jay Dobson
Partner
Elias, Books, Brown & Nelson

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.

Raymond Gray
Raymond Gray
Founding Partner of Gray Winston & Hart, PLLC