IdaCorp, Inc. IDA

IDA Company Overview

IdaCorp, Inc. is a publicly traded electric utility holding company operating primarily in the U.S. regulated electric power industry. Through its principal subsidiary, Idaho Power Company, the company generates, transmits, distributes, and sells electricity to residential, commercial, industrial, and agricultural customers. IdaCorp’s business model is predominantly regulated, with revenue and returns largely determined by state utility commissions, providing relatively stable and predictable cash flows.

The company’s core revenue driver is retail electric sales within its regulated service territory, supported by a diverse generation portfolio that includes hydroelectric, natural gas–fired, and renewable resources. IdaCorp is strategically positioned as a low-cost power provider in the Pacific Northwest and Intermountain West, benefiting from long-lived hydroelectric assets and a vertically integrated utility structure. The company traces its origins to the early 20th century, evolving from regional electric operations into a modern regulated utility holding company following the formation of IdaCorp, Inc. as the parent entity in 1998.