Summary: PacifiCorp Apr 11
- ID: 1718348
- April 2011
- Standard & Poors
The 'A-' corporate credit ratings on PacifiCorp reflect what Standard & Poor's Ratings Services views as a "significant" financial profile and is supported by its modest use of leverage to finance a large capital program and adequate cash flow metrics. Its "excellent" business profile benefits from the geographical, market, and regulatory diversity provided by its six-state service territory. PacifiCorp is an electric utility that serves customers under the name Rocky Mountain Power in Utah, Wyoming, and Idaho, and as Pacific Power in Oregon, Washington, and California. Utah and Oregon are the most important regions for the company, providing around 42% and 24% of annual retail sales, respectively. PacifiCorp's financial performance has held steady throughout the recession. The utility's credit metrics...
Companies mentioned in this report are:
- Berkshire Hathaway Inc.
- Berkshire Hathaway Energy Company
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