We have seen a steady rise in the US renewable energy industry and the adaptation of renewables as a primary energy source nationwide. Our team has specialized in the valuation of energy-related assets for over 40 years including some of the largest conventional power generation facilities in the United States. The valuation of these assets is not a compliance function, but rather requires complex analysis and negotiation. KE Andrews is the leader in handling incentives and abatements when it comes to renewables. Many states offer incentives as a means to attract future developments that will improve their economies and increase their tax base over time. The process of securing these incentives can be cumbersome. Our renewables group has handled over 20% of the total active 312 & 313 applications filed within the state of Texas. Put our experience in these negotiations to work for you.
Timeline Of Our Services for Renewables
In the pre-construction phase of a renewable project, our firm performs feasibility studies for developers in the area of abatements and incentives. We engage with developers to strategize on near-term, mid-term and long-term projects. We push for these assets to initially be assessed at fair market value which brings benefits in future years.
During the construction phase, our team will study the market to understand the cost and true market value of these types of assets. We have seen a rise in the technology that is being utilized in the industry, which has resulted in various market value reductions to the benefit of developers.
Our team handles not only the property tax process but also all of the annual compliance forms and reports associated with any incentive or abatement. Our team monitors the true cost to build these facilities new and takes an aggressive but fair approach to these valuations in subsequent years.
Renewable Energy Representation
We handle the property tax function every year for over 12,470 MW in renewable energy projects nationwide. In addition to this, we are engaged in abatements and incentives work for a large number of new construction projects ranging from medium sized, to large 500+ MW projects.
Conventional Power Generation
- Our team specializes in the valuation of conventional power generation assets and has worked to reduce our clients’ property tax liabilities over the last 40 years. Our breadth of work spans the entire country and our ASA appraisers are experts at valuing assets such as coal-fired and natural gas plants and other conventional power facilities. We represent a tremendous amount of transmission, gathering and electrical facilities.
Our System Gives You Access To Important Metrics
Our client dashboard is designed to put real-time insights and executive oversight tools into your hands. We put your data to good use, allowing for important KPI’s to be understood at your fingertips. See your property tax position and portfolio with transparency like never before.
The Benefits of Our Services
- We are not just a compliance firm. We go after every opportunity to return revenue to your bottom line. Our aggressive but fair approach has been a hallmark of our organization since inception.
- The customer is at the heart of our business, and your needs are our priority. You will see a marked increase in responsiveness and care to you as a KEA client.
- Customer satisfaction is the most important facet of our business, something measured by our responsiveness to clients. We pride ourselves on the structure and team that we’ve built to exceed your expectations on response times and data delivery.
- Accruals for some companies can be of equal or greater importance than securing the lowest valuations. The systems we’ve designed around accruals and complex multi-state portfolios are second to none.
- Our custom designed software allows for seamless integration with your accounting systems making us more than just a tax firm. We are your tax department down the hall.
- Our nationwide footprint of service currently operating in 76% of the counties in the US has allowed us to foster relationships with local assessors that span decades. This translates into better negotiations, and better results.
Our team at KE Andrews provides a centralized place for all relevant news and legislation. Our team also provides thought leadership and insights on topics that are in the news.