Berkshire-Owned Pacific Power Seeks California Rate Hike That Would Add $120 Monthly
Pacific Power, part of Berkshire Hathaway-owned PacifiCorp, is asking California regulators for a rate increase that would boost a typical residential bill by $120 a month.
By Jennifer HillerA California electric utility owned by Berkshire Hathaway is asking regulators for a rate increase that would boost the typical residential bill by $120 a month, a stunning request even in an era of rising electricity costs.Pacific Power, part of Berkshire-owned PacifiCorp, faces…