Main Office: 666 Grand Avenue, P.O. Box 657 | Des Moines | IA | 50306-0657
Phone: 515-242-3022 |
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Des Moines
Berkshire Hathaway Energy: Empowering Employees through Diversification and Stability When it comes to finding an exciting and fulfilling career, employees are often drawn to companies that offer stability, growth opportunities, and a diverse portfolio. Berkshire Hathaway Energy, a renowned energy company, ticks all these boxes and more. With a well-diversified portfolio of energy businesses, a strong geographic presence, and a focus on rate-regulated operations, Berkshire Hathaway Energy provides a solid foundation for employees to thrive and excel. Berkshire Hathaway Energy boasts an impressive portfolio of energy businesses, with nearly 90 percent of its operating income derived from investment-grade, rate-regulated operations. This means that the company's revenue is largely predictable and stable, providing employees with a sense of security and confidence in their roles. Unlike companies that rely heavily on market fluctuations, Berkshire Hathaway Energy's focus on rate-regulated businesses ensures that employees can focus on their work without the constant worry of unpredictable revenue streams. One of the key strengths of Berkshire Hathaway Energy lies in its geographic diversity. With regulated utility operations in England, Canada, and 11 Western and Midwestern states, the company has established a strong presence in multiple regions. This geographic diversity not only protects the company from the impacts of localized events such as weather and natural disasters but also provides employees with unique opportunities for growth and development. Working in different regions allows employees to gain exposure to diverse regulatory environments and learn from a wide range of experiences, ultimately enhancing their professional skill set. In addition to its geographic diversity, Berkshire Hathaway Energy's extensive gas pipeline network spanning 16,400 miles further contributes to the company's stability and success. Stretching from Texas to Michigan and from Wyoming to California, this vast network ensures a reliable supply of energy across multiple states. By avoiding dependence on any single state for more than 20 percent of its energy operating revenue, Berkshire Hathaway Energy mitigates the risks associated with localized economic downturns or regulatory changes. This approach not only benefits the company but also provides employees with a sense of security, knowing that their work is supported by a robust infrastructure that spans across various regions. The stability and diversification offered by Berkshire Hathaway Energy are highly regarded by lenders and credit rating agencies. The predictability of financial results and reduced business risk associated with the company's portfolio are viewed favorably, making it easier for the company to secure funding and maintain a strong credit rating. This financial strength translates into a positive working environment for employees, as they can be confident in the company's ability to invest in their growth and provide long-term career opportunities. In conclusion, Berkshire Hathaway Energy stands out as an exciting and rewarding place to work due to its commitment to stability, diversification, and employee empowerment. With a well-diversified portfolio of energy businesses, a strong geographic presence, and a focus on rate-regulated operations, the company offers employees a solid foundation for success. By providing a predictable and stable work environment, opportunities for growth in diverse regions, and the backing of a financially strong organization, Berkshire Hathaway Energy sets the stage for employees to thrive and make a meaningful impact in the energy industry.