The energy services industry is changing, and we in turn must continue to set the bar higher so that we continue to deliver reliable energy services for our customers.
Strengthening the electric grid is important for developing renewable energy and maintaining the reliability of service.
Sustainability is inherent in our company’s vision and core principles.
Approximately a quarter of our generating capacity comes from renewable and noncarbon sources.
We are dedicated to preventing, recycling and managing wastes.
Our high-quality, diversified portfolio of assets is an essential component of keeping our business sustainable. The significant geographic, regulatory and resource diversity of our portfolio helps us create value and manage risk.
To be the best energy company in serving our customers, while delivering sustainable energy solutions.
Our core principles define our values and our vision – today and for the next 100 years.
This team consists of leaders at the Berkshire Hathaway Energy level as well as those who head up each of our businesses. While each business operates autonomously, our vision, culture and principles are shared.
We are excellent stewards of our substantial financial resources. Backed by Berkshire Hathaway, we invest in hard assets and focus on long-term opportunities that will contribute to the future strength of the company.
Find and download annual and quarterly financial reports for Berkshire Hathaway Energy as well as our family of businesses. Reports are available in PDF and XBRL formats.
Quarterly and annual regulatory reports for Berkshire Hathaway Energy and select businesses are available for download as PDFs. Reports are available from 2011 to present.
SALT LAKE CITY (Oct. 3, 2019) – PacifiCorp today released a draft of its long-term energy plan that continues investments in new wind generation and transmission, while adding significant new solar and storage resources. The plan, which is the result of a comprehensive data analysis and stakeholder input process, demonstrates the company’s adoption of additional lower-cost renewable resources to meet customer needs and support...
The Federal Energy Regulatory Commission last week voted to issue a notice of proposed rulemaking to revisit its rules and regulations implementing the Public Utility Regulatory Policies Act of 1978. Berkshire Hathaway Energy supports the proposed rulemaking to modernize PURPA, as policy revisions will allow the company to provide additional value to its customers.
“We appreciate Chairman Chatterjee’s leadership and the th...
PacifiCorp has acquired sole ownership of the Foote Creek I wind generation facility, a 41.4-megawatt renewable energy project in Carbon County, Wyoming, and is proceeding to repower the project with new turbine technology that will increase energy output of the entire facility by 60 percent. The repowered facility will produce enough energy to meet the needs of 19,500 typical homes in PacifiCorp’s service territory. It is an...
Nearly 90% of our operating income comes from rate-regulated businesses. Our portfolio is well-diversified. Our portfolio of energy
businesses provides significant geographic, regulatory and resource diversity with regulated utility operations in England, Canada, and 11 Western and Midwestern
states. Our 16,400 miles of gas pipelines reach from Texas to Michigan and from Wyoming to California. No single state provided more than 19% of energy
operating revenue in 2018. Our geographic scope limits exposure to the impacts of weather, local economies, regulation and natural disasters. Lenders and credit rating
agencies view this favorably, as it improves the predictability of financial results and reduces business risk.
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Our privately held ownership structure is a major source of financial strength and a competitive advantage. With no dividend requirement, we are able to reinvest
100% of net income back into our businesses to better serve customers and pursue growth opportunities. Berkshire Hathaway's long-term ownership perspective
promotes stability and helps make us the buyer of choice in the eyes of certain sellers and regulators.
All of our regulated businesses have credit ratings of A/A3 or better, as measured by Standard & Poor’s Investors Service and Moody’s, respectively.
When it's necessary to raise capital, our strong credit ratings help us do so on favorable terms.
Berkshire Hathaway Energy’s core principle of Environmental RESPECT recognizes the importance of minimizing the impacts of our operations on the environment,
including our greenhouse gas emissions. We are participating in a voluntary industry ESG/Sustainability initiative advanced through the Edison Electric Institute in
conjunction with members of the financial community, focused on providing emissions data in a consistent and transparent manner.