Berkshire Hathaway Energy

Berkshire Hathaway Energy, owned by Warren Buffet’s Berkshire Hathway, is the corporate parent of PacifiCorp (Pacific Power and Rocky Mountain Power), MidAmerican Energy, NV Energy, Altalink, Northern Power Grid, in addition to other transmission, pipeline, and renewable energy companies. BHE’s companies provide electric, methane gas, pipeline and transmission services across the United States, Great Britain, and Alberta. BHE estimates that it serves more than 13 million customers and end-users.

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As Customers Struggled, Utility CEOs’ Pay Spiked Last Year

While many Americans saw their energy bills go up substantially in the past year, investor-owned electric and gas utilities and the country’s largest publicly owned utility paid their CEOs over $647 million in 2023, an increase of 9 percent over 2022, an analysis by the Energy and Policy Institute has found. The CEOs for the...

Complaints to the PUCN highlight frustrations with NV Energy’s lack of consumer protections

Complaints to the PUCN highlight frustrations with NV Energy’s lack of consumer protections The Public Utilities Commission of Nevada (PUCN) has received over one hundred complaints during the first seven months of 2023 from NV Energy customers dissatisfied with high bills and threats of service disconnection, according to documents obtained by the Energy and Policy...

Utility CEOs received $3.2 billion in executive compensation from 2017 – 2022

Investor-owned electric and gas utilities paid their CEOs $3.2 billion between 2017 and 2022, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 57 companies reviewed for this analysis received more than $578 million in 2022. Total utility CEO compensation declined from last year, as it did for most other...

Utility CEOs received $2.7 billion in executive compensation from 2017 – 2021

Investor-owned electric and gas utilities paid their CEOs $2.7 billion between 2017 and 2021, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 58 companies reviewed for this analysis received more than $629 million in 2021, a nearly 40% increase from the $451 million paid in 2017. That is far...

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