IDACORP, Inc. operates as a U.S.-based enterprise deeply involved in the comprehensive electric power sector, handling everything from generation, transmission, and distribution ...
Through its principal subsidiary, Idaho Power Company, IDACORP provides comprehensive electric utility services. This includes the generation, delivery, and retail sale of electricity to over 600,000 customers across a 24,000-square-mile service area in southern Idaho and eastern Oregon, supported by a diverse generation portfolio including hydroelectric, natural gas, and coal-fired plants.
Price Range: Variable based on regulated utility rate structures and consumption.
Pain Points: Reliability and accessibility of electric power, grid stability, and energy demand management for regional economic development.
Solutions: Consistent and regulated electrical energy access, power-supply planning, and grid maintenance/support.
Target Users: Residential, commercial, industrial, agricultural, and governmental entities within the Idaho and Oregon service territories.
Supply Chain
Fuel suppliers (natural gas/coal)Equipment manufacturers (turbines, transformers, utility poles)Renewable energy developersRegional energy marketsUtility contractors and field technicians
The company maintains an extensive electrical grid consisting of thousands of pole-miles of high-voltage transmission lines and distribution lines, supported by numerous substations and switching stations to ensure efficient transport of energy from generation sites to end-users.
Price Range: Regulated rates approved by public utility commissions.
Pain Points: Geographical distance between power generation and energy consumption points.
Solutions: Safe, reliable, and consistent delivery of high-voltage electricity and local area energy distribution.
Target Users: Retail customers and wholesale energy market participants.
IDACORP participates in wholesale electricity markets to manage its generation portfolio, sell excess capacity generated from its assets, and purchase energy as needed to meet peak demand requirements for its retail customers.
Price Range: Market-based pricing dependent on regional energy supply and demand dynamics.
Pain Points: Supply-demand imbalances within the regional energy grid.
Solutions: Increased liquidity and stability for regional energy markets.
Target Users: Other utilities, energy marketers, and grid operators.
Supply Chain
Regional Independent System Operators (ISOs)Other electric utilitiesEnergy tradersIndependent power producers
Managed by IDACORP Financial, this segment invests in affordable housing and historical rehabilitation projects, primarily designed to earn tax credits that contribute to the company's financial results.
Price Range: N/A (Investment-based activity)
Pain Points: Corporate tax liability and need for alternative, non-utility income streams.
Solutions: Tax credit generation and portfolio diversification.
Target Users: Internal company assets and regulatory/tax authorities.
Supply Chain
Real estate developersHousing authoritiesFinancial institutionsGovernmental housing agencies
Through its Ida-West Energy subsidiary, the company develops and operates small hydropower projects that utilize renewable water resources to generate clean electricity consistent with the Public Utility Regulatory Policies Act.
Price Range: Market and contract-dependent pricing.
Pain Points: Dependency on fossil fuels and environmental regulatory compliance.
Solutions: Sustainable energy production and regulatory adherence for small hydro projects.
Target Users: Wholesale power purchasers and regional energy grid operators.
Supply Chain
Environmental consulting firmsHydroelectric equipment suppliersLocal water resource management agenciesPower purchasers
