Texas energy companies push back against Berkshire Hathaway’s $8 billion plan for backup power

Source: By Mitchell Ferman, Texas Tribune • Posted: Monday, April 19, 2021

Revenue for 10 emergency power plants would come from a monthly charge on Texans’ power bills. The proposal is just one of several bills lawmakers are considering after February’s massive power outages.

Under Berkshire Hathaway’s plan, the average residential customer in Texas would pay approximately $1.42 per month as part of their monthly electricity bill. The average commercial customer would pay approximately $21 per month and the average industrial customer would pay $128 per month. Jordan Vonderhaar for The Texas Tribune