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 84 cities within these states. The supplier recently reported a total of 643,646 total customers. Exactly 22,652 of them are industrial accounts, 79,206 are commercial customers and 541,788 are residential properties. Idaho Power's patrons purchase electricity for, on average, 11.76 cents per kilowatt hour, which is 27.10% lower than the nationwide average rate of 16.13 cents. This makes the provider 577th out of 2885 suppliers in the US for lowest average electricity rate. In 2023 the company sold 82.37% of their total megawatt hours disposed via normal retail sales to end users. The electricity sourced by the company is made up of multiple sources including megawatt hours they produce in their electricity facilities and additional megawatt hours procured by way of wholesale channels. Of the electricity sourced by the company, these two categories comprise 63.38% and 37.28%, respectively. Their revenue for 2023 from electricity activities was $1,763,488,600, with 84.30% coming from retail sales to end users and 9.52% from wholesale electricity sales.

The United States average monthly residential electric bill is $141.25, while the Idaho Power average is 23.58% lower at $107.94 per month. The provider produces 6,320,270.21 megawatt hours from non-renewable fuel sources each year. Idaho Power ranks as the 98th highest electricity producer in the US out of 3530 providers. The company is the 112th highest provider out of 3530 companies in the nation for total megawatt hours generated from natural gas.