IDACORP

About IDACORP

IDACORP is an investor owned entity located in Boise, Idaho and serving customers in 2 states in the country including in major cities like Boise City, Meridian, Nampa, Caldwell, and Pocatello. The provider last disclosed a total of 544,964 residential customers, 79,410 commercial customers and 22,674 industrial customer accounts, which makes up the sum of their customers. On average, IDACORP bills their consumers a residential electricity price of 11.76 cents per kilowatt hour. This is 27.49% below the nationwide average rate of 16.22 cents. The provider had total sales and disposition of 18,835,165 megawatt hours in 2023, of which 82.37% were via retail sales and 11.12% were from wholesale sales to other electricity suppliers. The electricity sourced by the provider came from a mixture of electricity generation from electricity facilities owned by IDACORP and additional megawatt hours that they procured on the wholesale market. They produced 11,938,265 megawatt hours and purchased 7,020,964 on the wholesale market. In 2023 they had total electricity related revenue of $1,763,488,600, with 84.30% from retail sales and 9.52% from wholesale electricity sales.

Customers of the provider pay an average monthly residential electricity bill of $113.48. This is 20.85% less than the nationwide average bill of $143.38. The provider's consumers have an average of 1.16 power outages per customer each year. These outages are an average of 142.53 minutes, while the nationwide average is 1.44 outages per customer and 123.49 minutes an outage. The supplier is able to produce 6,695,830 megawatt hours from hydroelectric power facilities, which ranks them as the 9th largest producer of hydroelectric power in the country out of 3530 providers. Electricity generation from renewable fuel types by the company totals 6,695,830 megawatt hours. This ranks the company 40th out of the 3530 we track in the United States.