Wind Farm Valuation Update: A Deeper Dive into the Income Approach for Ad Valorem Taxation
By Clayton T. Baumann, PE, CCP, ASA | evcValuation and Christopher T. Rigo | evcValuation Click HERE to download a PDF version of this article Abstract 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…