Berkshire Hathaway
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PacifiCorp asks California regulators for a 57% net rate increase affecting 46,000 customers
PacifiCorp, which operates as Pacific Power and is owned by Berkshire Hathaway through Berkshire Hathaway Energy, asked the California Public Utilities Commission on 6 November 2026 for a $103.4 million increase effective 1 January 2027. The request equals a net increase of 57% for about 46,000 electricity customers in far northern California, and is more than double the 25.7% the utility sought on 5 May 2022. The report, which carries a sponsor disclosure, also notes the utility's credit rating sits one notch above junk.
Why it matters
Electricity tariffs feed directly into the operating costs and business cases of charge points in the affected service area, so CPOs and site hosts there should watch how the case develops. A financially strained utility may also influence the pace of grid investment and connections, though the article does not address charging directly.