Boise, Idaho-based IDACORP is a holding company comprised of Idaho Power Company, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978.
IDACORP was formed Oct. 1, 1998, following approval by Idaho Power shareholders, the Federal Energy Regulatory Commission and the public utility commissions of Idaho, Oregon, Nevada and Wyoming (states where IDACORP has conducted business or has holdings).
Under the holding company structure, Idaho Power Company is the primary subsidiary. This regulated utility, headquartered in vibrant and fast-growing Boise,
Idaho, has been a locally operated energy company since 1916. Today, it serves
a 24,000-square-mile service area in Idaho and Oregon. Idaho Power’s goal to
provide 100% clean energy by 2045 builds on its long history as a clean-energy
leader that provides reliable service at affordable prices. With 17 low-cost
hydropower projects at the core of its diverse energy mix, Idaho Power’s
residential, business, and agricultural customers pay among the nation's lowest
prices for electricity. It’s 2,100 employees proudly serve more than 630,000
customers with a culture of safety first, integrity always, and respect for
all.
IDACORP's common stock is traded on the New York Stock Exchange under the trading symbol "IDA".