Company type | Subsidiary |
---|---|
Industry | Electrical generation, transmission, distribution |
Founded | May 6, 1915 |
Headquarters | Boise, Idaho, United States |
Key people | Lisa Grow, President and Chief Executive Officer, IDACORP, Inc. and Idaho Power[1] |
Number of employees | 2050 full time employees (2021)[2] |
Parent | IDACORP, Inc |
Website | www.idahopower.com |
Idaho Power Company (IPC) is a regulated electrical power utility. Its business involves the purchase, sale, generation, transmission and distribution of electricity in eastern Oregon and southern Idaho. It is a subsidiary of IDACORP, Inc. The company's 24,000-square-mile (62,000 km2) service area generally follows the area around the Snake River and its tributaries.
Idaho Power owns and operates 17 hydroelectric dams[3] and three natural gas power plants. IPC also owns shares of one coal-fired power plants.[4]
In 2023, electricity sold by IPC was 36.8% hydroelectric, 15.4% natural gas, 13.0% coal, 9.8% wind, 5.4% solar, and, 2.3% geothermal, biomass & other, and 17.3% purchased from other generation companies.[5]