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. The supplier recently reported a total of 626,714 total customers. Exactly 22,399 of them are industrial accounts, 78,063 are commercial customers and 526,252 are residential properties. Idaho Power's patrons purchase electricity for, on average, 11.60 cents per kilowatt hour, which is 25.78% lower than the nationwide average rate of 15.64 cents. This makes the provider 840th out of 2893 suppliers in the US for lowest average electricity rate. In 2022 the company sold 86.09% 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 61.62% and 38.91%, respectively. Their revenue for 2022 from electricity activities was $1,642,534,000, with 84.44% coming from retail sales to end users and 8.88% from wholesale electricity sales.

The United States average monthly residential electric bill is $132.69, while the Idaho Power average is 18.20% lower at $108.54 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.