As the ubiquitous use of cell phones has grown, the need for cell phone towers in residential and commercial spaces has increased. Cell phone towers can impact property values, but by how much and how significantly is debated in the real estate research community. Every municipality is responsible for adopting its own set of laws governing the placement, design standards, and safety features of wireless telecommunications equipment installed and/or operated by companies like Verizon, AT&T, T-Mobile, Dish, and Crown Castle. It can meet the company's application needs such as peak shaving, dynamic capacity expansion, demand-side response, and virtual power.