USX:IDA - Idacorp Inc IDACORP Inc
Sector: Utilities, Industry: Electric Utilities
Next Earnings: 2 May 2024
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USD 94.11    -0.23 (-0.24%)

23 Apr 2024


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General

CEO: Mr. Adam J. Richins

IPO: 1986-10-17

Headquarters: US

Employees: 2,100

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Description

Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.

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