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Mainstream Appraisals
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A P P R A I S I N G A C H A N G I N G I N D U S T R Y
Electric utility competition has required electric generating stations to replace the comfort of cost of service price regulation with unpredictable, often volatile, market driven pricing. Book value has been replaced by fair market indicators of powerplant value, and profit is driven by the discipline of the market, increasingly making cost cutting the major tool for increasing earnings. In short, electric industry restructuring has had profound implications for the valuation of all kinds of electric power assets.
One significant expense to focus upon as deregulation unfolds is property taxes. Old property tax assessments, agreed to in the old era of price regulation, may no longer be appropriate. Both taxpayers and taxing authorities alike need to examine taxable assessments to assure fair and adequate taxation. Let our team of licensed appraisers and affiliated engineers, scientists, and planners help you navigate these changing times.
Licensed Appraisers in New Hampshire, Maine, New York and Vermont with reciprocity in most states
Mainstream Associates staff has extensive academic training and technical education in the areas of machinery and equipment appraisal, public utility valuation, public utility regulation, and real estate appraisal. Our affiliates bring additional skills in engineering, finance, planning & environment.
With past experience in development,
ownership, and operation of power generating facilities, Mainstream Associates
is one of the very few appraisal firms familiar with the operating subtleties
and legal complexities of the electric power business. Since 1984 we have
prepared more than 150 asset appraisals for the electric power industry,
with an aggregate valuation in the billions of dollars..
We produce accurate and up to date valuations of electric power assets by using the most current and complete demographic statistics and industrial data bases. Our appraisals follow the Uniform Standards of Professional Appraisal Practice (USPAP) of the Appraisal Foundation and the Code of Ethics of the American Society of Appraisers
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Mainstream Associates 26 Maple Road -- P.O. Box 947 North Hampton, NH 03862 (603) 964-7113 -- Fax: (603) 964-4077 Email: glagassa@mainstreamappraisals.com
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