IDACORP
- Company typePublic
- Founded1998
- HeadquartersBoise, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
IDACORP firmographics
Firmographics- Name
- IDACORP
- Legal name
- IDACORP, Inc.
- Website
- https://idacorpinc.com
- Company type
- Public
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Where IDACORP is headquartered
LocationHeadquarters
- HQ city
- Boise
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
IDACORP business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Electric Utility Operations: IDACORP's primary revenue driver is Idaho Power, a regulated electric utility that generates and distributes electricity to residential, commercial, industrial, and irrigation customers in southern Idaho and eastern Oregon. Revenue comes from retail electricity sales under rate structures approved by regulatory commissions. The company also earns revenue through IDACORP Financial (affordable housing investments) and Ida-West Energy (small hydroelectric projects under PURPA).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Idaho Power retail electricity rates - regulated tariff structure |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
IDACORP product offering
Product offeringCore offering
IDACORP is a holding company whose core business is the generation, transmission, and distribution of electricity through its wholly-owned subsidiary Idaho Power Company, a regulated electric utility serving more than 660,000 residential, commercial, agricultural, and industrial customers across a 24,000-square-mile service area in southern Idaho and eastern Oregon. The company operates a diversified generation portfolio anchored by 17 low-cost hydropower plants (approximately 52% of owned capacity) supplemented by natural gas, partial coal interests, battery storage, and solar resources.
Product overview
IDACORP is a holding company that operates through three primary subsidiaries: Idaho Power Company (its core regulated electric utility), IDACORP Financial (affordable housing and real estate tax credit investments), and Ida-West Energy (small hydroelectric power projects under PURPA). Idaho Power is the dominant business unit, providing generation, transmission, and distribution of electricity from diverse sources including hydropower (17 plants), natural gas, and partial coal interests, serving approximately 660,000 customers in Idaho and Oregon.
Differentiator
Problem solved
Functional benefit
Products and services
- Idaho Power Company Retail Electricity Service Regulated generation, transmission, and distribution of electricity to residential, commercial, agricultural, and industrial customers in southern Idaho and eastern Oregon under tariff rates approved by the Idaho Public Utilities Commission and Oregon Public Utility Commission. Customers pay among the nation's lowest prices for electricity under a monthly billing structure.
- IDACORP Financial Affordable Housing Investments A non-utility investment subsidiary that holds affordable housing projects and other real estate investments, generating tax credits and investment returns for the holding company.
- Ida-West Energy Small Hydroelectric Generation An independent power project development company with ownership in nine hydropower projects totaling 44.5 megawatts of generating nameplate capacity, qualifying under PURPA requirements.
Quantifiable outcome
- Customer growth of 2.3%, adding approximately 15,000 customers during twelve months ended March 31, 2026
- +3 more outcomes
Companies that use IDACORP
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
IDACORP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
IDACORP partnerships and signals
Strategic signalScale indicators14 records
Recent moves6 records
Expansion highlights5 records
IDACORP competitors and assessment
Company assessmentDirect peers
- Portland General Electric: Portland General Electric is a regulated investor-owned electric utility serving Oregon customers, making it a direct geographic and operational peer of IDACORP's Idaho Power. Both operate Pacific Northwest regulated utilities with similar generation mixes (significant hydro) and are exposed to the same regional load growth from data centers and electrification.
- Avista Corporation: Avista is a regulated electric and gas utility serving customers in eastern Washington, northern Idaho, and parts of Oregon - directly overlapping IDACORP's service territory in northern Idaho. The similar Pacific Northwest geography, hydroelectric exposure, and small-to-mid-cap regulated utility profile make it a highly comparable peer.
- NorthWestern Energy Group: NorthWestern Energy is a regulated electric and gas utility serving Montana, South Dakota, and Nebraska with similar mid-cap market profile to IDACORP. Comparable in scale, regulated rate-base growth model, and exposure to rural/small metropolitan service territories with significant transmission build-out.
- Pinnacle West Capital: Pinnacle West is the parent of Arizona Public Service, a regulated electric utility of similar size to Idaho Power with comparable rate base and ROE-driven earnings model. While Arizona is hotter and more summer-peaking, the regulatory framework and investor-owned utility structure are closely analogous.
- Black Hills Corporation: Black Hills is a mid-cap regulated electric and gas utility serving South Dakota, Montana, Wyoming, Colorado, Nebraska, Kansas, and Iowa. Similar in market cap, customer count, and rural/mixed service territory character; both have pursued capital-intensive transmission and generation infrastructure programs.
- MGE Energy: MGE Energy is a regulated electric and gas utility holding company serving Madison, Wisconsin. It has a comparable mid-cap market profile, significant renewable generation mix, and a long dividend track record similar to IDACORP's 56-year payment history.
- ALLETE: ALLETE is a regulated electric utility holding company with Minnesota Power as its core subsidiary, serving similar-sized customer counts with comparable rate base, hydroelectric generation exposure, and transmission expansion programs. Closely aligned business model to IDACORP.
- PNM Resources: PNM Resources is a regulated electric utility holding company serving New Mexico and Texas with similar size, customer count, and rate-base-driven earnings model. Comparable in capital expenditure profile and reliance on periodic rate cases for earnings growth.
- Hawaiian Electric Industries: Hawaiian Electric Industries is a regulated electric utility holding company of similar size to IDACORP with comparable service-territory monopoly structure. While not geographically similar, it shares the holding-company structure, island-like isolated grid characteristics, and high capital intensity of regulated electric utilities.
Broad incumbents
- Brookfield Renewable Partners: Brookfield Renewable is one of the largest publicly traded renewable power generators globally, with significant hydroelectric generation. While not a regulated utility in the same manner as IDACORP, it is a broad incumbent with comparable hydropower exposure and is a relevant comparison for valuation of hydro-dominant generation portfolios.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
IDACORP social profiles
Digital presenceIDACORP financial estimates
Financial estimateRevenue estimate
Valuation estimate
IDACORP leadership team
Management profileNumber of profiles
Profiles14 records
IDACORP subsidiaries and ownership
Company hierarchySubsidiaries3 records
IDACORP funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IDACORP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IDACORP
What does IDACORP do?
IDACORP is a holding company whose core business is the generation, transmission, and distribution of electricity through its wholly-owned subsidiary Idaho Power Company, a regulated electric utility serving more than 660,000 residential, commercial, agricultural, and industrial customers across a 24,000-square-mile service area in southern Idaho and eastern Oregon. The company operates a diversified generation portfolio anchored by 17 low-cost hydropower plants (approximately 52% of owned capacity) supplemented by natural gas, partial coal interests, battery storage, and solar resources.
Is IDACORP a public or private company?
IDACORP is a public company. It is classified as public and is currently operating.
When was IDACORP founded?
IDACORP was founded in 1998. It employs 1,001 to 5,000 people.
Where is IDACORP based?
IDACORP is headquartered in Boise, United States, in the North America region.
How does IDACORP make money?
One revenue line is on record: electric Utility Operations.
Who are IDACORP's main competitors?
Direct peers on record are Portland General Electric, Avista Corporation, NorthWestern Energy Group, Pinnacle West Capital, Black Hills Corporation, MGE Energy, ALLETE, PNM Resources and Hawaiian Electric Industries. Brookfield Renewable Partners is listed as a broad incumbent.
Does IDACORP have an API?
No public API is recorded for IDACORP.