Author Topic: Berkshire Hathaway Energy  (Read 21549 times)

kab60

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Re: Berkshire Hathaway Energy
« Reply #60 on: May 17, 2020, 10:07:21 AM »
gfp, that was the way it used to work in Denmark as well. Fantastic deal (espescially since 80 pct of retail price here is taxes). So enjoy it while it lasts. :)


plato1976

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Re: Berkshire Hathaway Energy
« Reply #61 on: May 17, 2020, 11:07:35 AM »
I can see more and more residential and companies are shifting to install solar panels to supply electricity for themselves. Many of them gain "energy independence"
Won't this impact traditional utility business ?
Not sure if there is a quantification of this impact

longinvestor

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Re: Berkshire Hathaway Energy
« Reply #62 on: August 01, 2020, 07:19:13 AM »
https://www.ferc.gov/news-events/news/ferc-modernizes-purpa-rules-ensure-compliance-reflect-todays-markets

PURPA, the 1978 deregulation of Utilities is the reason Walter Scott invested In MidAmerican. And Buffett bought into it in 1999. PURPA’s intent was to bring in market forces in place of monopolies. But as with all regs, there’re loopholes and much gaming has gone on. https://www.jdsupra.com/legalnews/ferc-revisions-to-purpa-rules-create-35558/ describes the gaming.

BHE is playing nice in eyes of regulators, mainly by holding ratepayer rates in check relative to peers.

An interesting tidbit I picked up is that private power (approx 40 entities) accounts for 72% of energy. Much consolidation to come. The rest comes from the balkanized coops, state power etc. The lowest cost producer stands to win. It may take 100 years but BHE will be there.
« Last Edit: August 01, 2020, 07:48:05 AM by longinvestor »

alpha

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Re: Berkshire Hathaway Energy
« Reply #63 on: February 16, 2021, 10:33:02 PM »

Right now Texans are burning their furniture to keep warm and demanding heads roll at ERCOT and related Government positions.

I wonder if there will be opportunity for a utility company with a solid reputation operational track record when the dust settles from this  :D

RadMan24

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Re: Berkshire Hathaway Energy
« Reply #64 on: February 17, 2021, 07:43:38 PM »

Right now Texans are burning their furniture to keep warm and demanding heads roll at ERCOT and related Government positions.

I wonder if there will be opportunity for a utility company with a solid reputation operational track record when the dust settles from this  :D

Depends. What do you know about Texas infrastructure? Aren't Texan homes made to cool down at night to evade the high heat of the summer? Same with roads? Sure natural gas pipes and other critical parts can address potential freezing problems in the future, but the sparse landscape of Texas makes brining outside electricity an hassle. From the outside, this seems like a perfect storm. I'm sure lots will be learned for such extreme events in the future.

ValueMaven

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Re: Berkshire Hathaway Energy
« Reply #65 on: February 18, 2021, 03:46:18 PM »
I've always said BHE should have handled the ONCOR transaction better then it did.  Hopefully it was a learning lesson for Able and team.  Would have been awesome assets inside of BHE...huge, regulated assets in need of massive capital build-out w/very stable rate basis.