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Methods for Conceptual Capital Cost Estimation

Methods for Conceptual Capital Cost Estimation

Conceptual capital-cost estimates are important for assessing the economic viability of proposed projects, but their usefulness depends on understanding how to appropriately apply the estimates.
Wind Farm Valuation Update: A Deeper Dive into the Income Approach for Ad Valorem Taxation

Wind Farm Valuation Update: A Deeper Dive into the Income Approach for Ad Valorem Taxation

The development of wind farms in the U.S. has exploded over the past 20 years. Federal and state level incentives, state-mandated Renewable Portfolio Standards (RPS), and property tax abatements are some of the factors that have helped fuel this significant growth.
Property Insurance In Hard Markets: What Approach to Take

Property Insurance In Hard Markets: What Approach to Take

Mitigate a the magnitude of a potential insurance rate increase by preparing a thorough submission document early in the renewal process.
Insurance Appraisals and Property Insurance Limit Risk

Insurance Appraisals and Property Insurance Limit Risk

Insurance Appraisals: what are they, what purpose do they serve, and why are they important? Risk managers, insurance industry professionals, and property owners alike should be able to answer all three questions at length and understand the value of a current, accurate, and reliable insurance appraisal.
Valuation of Wind Farms: Just a Breeze?

Valuation of Wind Farms: Just a Breeze?

Wind farm development in the U.S. has grown significantly over the past two decades, fueled by federal and state incentives as well as mandated state Renewable Portfolio Standards (“RPS”).
Scaling Laws: Uses and Misuses in Industrial Plant and Equipment Replacement Cost Estimates

Scaling Laws: Uses and Misuses in Industrial Plant and Equipment Replacement Cost Estimates

Scaling laws are ubiquitous in the study of nature, biology, computer networks, economics and other social sciences,[1] and various engineering applications.
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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