Fixing a Mineral Interest Mistake to Secure Big Savings

This large oil and gas operator has significant mineral interests in a Utah county.

Challenge:

  • The Utah State Tax Commission made a calculation error in assessing our client’s assets, resulting in an unfair valuation.
  • The county then initiated a long and costly litigation battle.

Merit Solution:

  • Merit Advisors identified the error through our standard tax preparation process and reported it to the Tax Commission, who we’ve built a strong relationship with.
  • Our property tax team worked in conjunction with Tax Commission personnel to reach a resolution with the county.

$19.9 Million

Assessed Value Reduction

$254,000

Annual Tax Savings

Rewards of Merit

Explore our case studies to see how Merit helps energy companies unlock trapped value.

Maximizing Energy Storage Tax Credits & Incentives

Power & Infrastructure
Case Study

This energy infrastructure provider switched to Merit after a prior advisor fell short in capturing available incentives.

Saving $100 Million for Utility-Scale Projects Across Texas

Power & Infrastructure
Case Study

Merit coordinated 12 abatements across six utility-scale power projects, securing critical tax savings while meeting tight deadlines.

Protecting At-Risk Property 
Tax Abatements

Power & Infrastructure
Case Study

Merit preserved critical abatements after our client’s prior advisor made an error that jeopardized significant savings.