IDACORP INC

IDACORP is an energy holding company whose primary business is conducted through its electric utility subsidiary, Idaho Power. The company generates, transmits, distributes, purchases, and sells electric energy. Its power supply relies on a mix of company-owned hydroelectric, natural gas, and coal-fired plants, alongside battery storage, wholesale market transactions, and power purchase agreements. The utility serves residential, commercial, industrial, and agricultural irrigation customers, as well as wholesale power purchasers and transmission service clients. IDACORP also maintains minor subsidiaries involved in affordable housing tax credit investments and small-scale hydroelectric project operations.

The utility delivers electric service across a 24,000-square-mile territory with an estimated population of 1.4 million across southern Idaho and eastern Oregon. As of late 2025, it served roughly 664,000 retail customers, including approximately 561,000 residential accounts. The company maintains municipal franchise agreements across 69 cities in Idaho and nine cities in Oregon, alongside regulatory operating authority spanning 25 Idaho counties and three Oregon counties. IDACORP and Idaho Power are headquartered in Boise, Idaho.

Summary of the business section of Idacorp's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, IDACORP had 2,174 full-time employee s, 2,166 of wh om were employed by Idaho Power and 8 of whom were employed by Ida-West.”