IDACORP, Inc. Overview
Pro stress-test →IDACORP is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary Idaho Power Company operates as a regulated electric utility providing generation, transmission and distribution services across southern Idaho and eastern Oregon to over 649,000 customers. Its generation portfolio is anchored by hydroelectric facilities along the Snake River system, complemented by natural-gas-fired plants and growing renewable resources.
Strategic Profile
Pro stress-test →IDACORP's regulated electric operations in Idaho are benefiting from rising demand and a customer base that increased 2.3% year over year. The company plans significant capital expenditure of $1.25-$1.35 billion in 2026 and $3.1-$3.6 billion during 2027-2029 for infrastructure development and operational expansion. Idaho Power plans to shift to 100% clean energy production by 2045 through conversion of coal facilities to natural gas starting in 2026.
Competitive Landscape
Pro stress-test →Other major utilities including NextEra Energy, Dominion Energy and The Southern Company are comparable competitors in the regulated utility sector. IDACORP differentiates through its strong hydroelectric portfolio along the Snake River system and growing renewable capacity. As a smaller regional utility with significant growth in its service territory, it operates in a lower-competition segment compared to national utilities.
Industry Context
IDACORP, Inc. operates in Electric Utilities / Regulated Energy.
Key facts
Founded: 1915 · Headquarters: Boise, Idaho · Revenue: $533.06M · Market cap: $7.80B