MWPSP MidAmerican Energy Dashboard

BHE is a holding company that owns a highly diversified portfolio of locally managed businesses principally engaged in the energy industry and is a consolidated subsidiary of Berkshire Hathaway. As of January 31, 2020, Berkshire Hathaway, Mr. Walter Scott, Jr., a member of BHE's Board of Directors (along with his family members and related or affiliated entities) and Mr. Gregory E. Abel, BHE's Chairman, beneficially owned 90.9%, 8.1% and 1.0%, respectively, of BHE's voting common stock.

Company profile

Ticker

MWPSP

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Alabama Power • NextEra Energy • Exelon Generation • SOUTHERN CALIFORNIA EDISON • Edison International • Tennessee Valley Authority • Dominion Energy • Entergy Texas • Pseg Power • Firstenergy ...

SEC CIK

0000928576

Corporate docs

Articles of Incorporation & Bylaws

Financial report summary

Management Discussion

•$249 million increase in retail revenue, including $234 million fully offset in depreciation expense and income tax expense due to accelerated depreciation of certain coal-fueled units in Utah and Oregon and recognition of certain Utah regulatory balances and higher average retail prices, partially offset by lower retail customer volumes. Retail customer volumes decreased 1.4% primarily due to impacts of COVID-19, which resulted in lower industrial and commercial customer usage and higher residential customer usage, partially offset by an increase in the average number of residential and commercial customers and the favorable impact of weather;
•$24 million of lower natural gas-fueled generation costs primarily due to lower average prices and lower volumes.
•$106 million primarily from lower deferrals and higher amortization of previous deferrals of incurred net power costs in accordance with established adjustment mechanisms.

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MWPSP MidAmerican Energy Dashboard

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