Generation Station Valuation, Overcoming the Cost Approach – It Remains the Issue
Cost approach is the main measure of value.
But why does the cost approach continue to be the dominating valuation approach, even as the deregulated marketplace steers clear of that? This white paper provides information on why this approach is deemed less difficult and volatile. Our author also covers why valuation of generation assets should be by the income approach.
Mark D. Lansing is an attorney with Dickinson Wright. Mr. Lansing focuses his practice on property tax & condemnation matters with respect to energy, industrial and commercial properties. He achieves significant property tax savings and assessment reductions for his clients through litigation, negotiations (settlements), due diligence reviews and alternative agreements (e.g., PILOTs). Mark assists clients with their valuation of complex property, and through real property tax management. Mr. Lansing also works with energy, industrial and commercial companies in buying, building and operating facilities to effectively manage their property taxes, including due diligence review in the purchase or development phase, and representation before administrative agencies. As an experienced trial lawyer, Mark has successfully represented clients in settlement negotiations, motions, trials and appeals at all levels of state and Federal Courts (including, Circuit Courts of Appeal). Mark is also well published in property tax and condemnation valuation matters.
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