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Business Model & Strategy

IDACORP is committed to its focus on competitive total returns and generating long-term value for shareholders.

IDACORP’s business strategy emphasizes Idaho Power as its core business, as Idaho Power's regulated utility operations are the primary driver of IDACORP's operating results. IDACORP's board of directors regularly reviews IDACORP's long-term strategy, which as of February 16, 2023, the date of the most recently published Annual Report on Form 10-K is focused on the following areas and initiatives:

Cornerstones & Initiatives

Grow Financial Strength

 

Improve the Core Business

Enhance the Brand

Keep Employees Safe and Engaged

In executing these four strategic cornerstones above, IDACORP seeks to balance the interests of shareowners, Idaho Power customers, employees, and other stakeholders. Idaho Power is committed to working for strong, sustainable financial results by continuing to safely provide reliable, affordable, clean energy to its customers from diversified generation resources.