Idaho Power

About Idaho Power

Idaho Power is an investor owned organization providing electricity in 2 states throughout the country including Oregon and Idaho. This service area also comprises 88 cities within these states. Idaho Power's patrons pay an average residential electricity rate of 11.68 cents per kilowatt hour, which is 25.32% below the average US price of 15.64 cents. The supplier partook in end user sales and the wholesale electricity market in 2022, with sales to end users equaling 15,822,455 megawatt hours and wholesale sales to other electricity companies equaling 1,318,132 megawatt hours. The electricity sourced was made up of megawatt hours produced by the company in electricity plants they own and additional megawatt hours that they acquired by way of wholesale channels. They produced 11,325,243 megawatt hours and purchased 7,150,708 megawatt hours on the wholesale market. In 2022, the company earned 84.44% of their revenue from retail electricity sales and 8.88% wholesale customers. Their total revenue from electricity activities was $1,642,534,000.

The United States average monthly residential electric bill is $132.69, while the Idaho Power average is 18.67% lower at $107.92 per month. With 5,623,796.81 megawatt hours produced from non-renewable fuel types, Idaho Power is the 139th largest producer of megawatt hours from non-renewable fuels out of 3517 providers in the country. The supplier ranks as the 82nd highest producer of megawatt hours created from coal out of 3517 providers in the country. The company's electricity generating plants have output of 2,402,650 megawatt hours from the use of natural gas. This amount makes them 131st highest out of 3517 providers in the nation for total natural gas generation.