Financial Strength

Financial Strength

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.

High Quality, Diversified Portfolio

Nearly 90 percent of our operating income comes from investment-grade, 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 20 percent of energy operating revenue in 2016. 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.

View Financial Filings View Regulatory Filings

Revenue Diversification
Revenue Diversification

Strong Credit Ratings

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 Ownership

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 percent 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.

Our Core Principles

  • Customer Service
  • Employee Commitment
  • Environmental Respect
  • Regulatory Integrity
  • Operational Excellence
  • Financial Strength

Watch Video

Asset-Based Investment Profile

Berkshire Hathaway Energy is growing its renewable energy portfolio and is leading the way to a sustainable energy future for our customers. Only 10% of our overall net investment in property, plant and equipment is invested in coal generation assets, while 8% is invested in natural gas generation.

Of our eight business segments, only four have coal-related property, plant and equipment.

BHE Businesses Coal Investment
BHE Coal Investment