IDACORP, Inc.: Leading Electric Utility Provider in Idaho and Oregon

2023-09-14 21:27:11

IDACORP, Inc. is a holding company. The Company operates through its subsidiary, Idaho Power Company (Idaho Power). Idaho Power is an electric utility company engaged in the generation, transmission, distribution, sale and purchase of electric energy and capacity and is regulated by the state regulatory commissions of Idaho and of Oregon and by the Federal Energy Regulatory Commission (FERC). Idaho Power provides public electric service to more than 618,000 retail customers in southern Idaho and eastern Oregon. Its customers are in food processing, electronics and general manufacturing, agriculture and other industries. Idaho Power also provides irrigation customers with electric utility service to operate irrigation pumps during the agricultural growing season. Its other subsidiaries include IDACORP Financial Services, Inc. (IFS), an investor in affordable housing and other real estate tax credit investments, and Ida-West Energy Company (Ida-West), an operator of small energy projects. hydroelectric production.

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