Energy & Utilities

Our tax advisory and technology teams develop and implement practical, best practice tax strategies tailored to the unique needs of energy and utilities companies. This allows your team to focus on critical, value-added projects while we handle the complexities of tax planning and compliance.

Tax Liability Forecasting

Our experts in property tax, transaction tax, state income and franchise tax, and incentives, collaborate to create interactive models that enable accurate expense simulations for potential tax liability and legislative scenarios. By leveraging these data-driven models and our accompanying narrative analysis, clients gain valuable insights to make informed financial decisions, whether planning future projects or budgeting for ongoing operations.

Site Selection

DMA’s site selection specialists partner with our state and local tax and legislation experts to assist energy developers in laying the foundation for tax optimization. A strategic analysis of potential sites viewed through the lenses of tax landscape, community economic development initiatives, legislation trends, and availability of required resources helps clients discover the ideal location for unique energy projects.

Credits & Incentives Procurement

DMA’s credits and incentives experts help clients maximize their investments through a strategic economic development approach to negotiate tax breaks, ease approval processes, and navigate community dynamics. We specialize in crafting a customized strategic roadmap for your project, diligently advocating on your behalf to optimize incentives while minimizing impact on routine operations.

TRANSACTION Tax

Equipped with jurisdiction-specific sales and use tax expertise, DMA’s transaction tax specialists analyze general expenditures, construction contracts, and the costs associated with developing and operating energy-producing assets. This analysis often uncovers opportunities for tax savings, overpayment recovery, and untapped industry-specific exemptions.

Property Tax Management

DMA’s property tax assessment review and appeal experts specialize in reviewing assessments and managing asset valuations for the most complex and challenging property types in the market. We perform reviews that require alternative approaches to value at the local and state-assessed levels or wherever various asset types are inherently intertwined. Our experts advocate on your behalf to establish equitable valuations and ensure assessments accurately reflect the current market value of each property.

Analysis of Spend

Our team of highly specialized jurisdictional tax experts efficiently analyzes your spending, whether it includes general expenditures, construction contracts, development of energy-producing assets, or the continued operation of energy-producing assets.

Compliance requirements for companies in the energy and utilities industry are intricate and time-consuming. DMA partners with your tax team to ensure compliance and increase efficiency.

Our tax technology professionals help you simplify and maximize the benefits of tax automation. They have extensive experience and knowledge using all major current and legacy tax engines as well as ERP, point-of-sale, and e-commerce platforms.