“Buffett owns Berkshire Hathaway Energy, a subsidiary of Berkshire Hathaway, which is currently lobbying the Texas legislature to build 10 new peaker plants totaling 10 gigawatts of generation capacity by November 2023 — paid for by an additional charge on Texans’ power bills. Peaker plants are typically natural gas power plants that only run when there is a high demand for energy. New peaker plants would replace the need for demand-response customers.”