Berkshire Hathaway Energy

Berkshire Hathaway Energy Company
Formerly
  • California Energy Company, Inc. (1971-1992)
  • CalEnergy Company, Inc. (1992-1999)
  • MidAmerican Energy Holdings Company (1999-2014)
Company typeSubsidiary
Industry
Founded1971 (1971)
Headquarters,
U.S.
Area served
Key people
Revenue US$25.92 billion (2024)
US$4.346 billion (2024)
US$4.437 billion (2024)
Total assets US$140.14 billion (2024)
Total equity US$51.289 billion (2024)
Number of employees
23,800 (2024)
ParentBerkshire Hathaway
Subsidiaries
Websitebrkenergy.com
Footnotes / references

Berkshire Hathaway Energy (BHE) is an American energy holding company and a wholly owned subsidiary of Berkshire Hathaway. The company is headquartered in Des Moines, Iowa. BHE owns and operates a diverse portfolio of utility and energy businesses, providing electricity and natural gas to more than 5 million customers across the United States, the United Kingdom, and Canada. Its subsidiaries include MidAmerican Energy Company, NV Energy, PacifiCorp, and Northern Powergrid, among others, serving regions ranging from the Western and Midwestern U.S. to parts of the U.K. through regulated utility operations and renewable energy initiatives.

BHE serves approximately 5.3 million retail customers and has a generating capacity of 29 gigawatts. The company transports 8.2 billion cubic feet of natural gas per day and owns five U.S. interstate natural gas pipeline companies, which operate 21,000 miles of pipeline with a combined design capacity of 21 billion cubic feet of natural gas per day. It is also exploring the production of lithium carbonate and other minerals from its 350-megawatt geothermal power plants located in Lithium Valley near the Salton Sea in California.