IDACORP, Inc. Announces Third Quarter 2012 Results, Increases 2012 Earnings Guidance

November 1, 2012

 BOISE, Idaho, November 1, 2012—IDACORP, Inc. (NYSE: IDA) reported third quarter 2012 net income attributable to IDACORP of $92.1 million, or $1.84 per diluted share, compared to $107.1 million, or $2.16 per diluted share, in the third quarter of 2011. IDACORP is increasing its 2012 full year earnings guidance from the range of $3.20 to $3.35 per diluted share to the range of $3.30 to $3.40 per diluted share.