v3.25.1
SEGMENT INFORMATION:
 3 Months Ended
Mar. 31, 2025
Segment Reporting, Measurement Disclosures [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
 
IDACORP’s only reportable segment is utility operations. The utility operations segment’s primary source of revenue is the regulated operations of Idaho Power. Idaho Power’s regulated operations include the power supply, transmission, distribution, purchase, and sale of electricity. This segment also includes income from IERCo, a wholly-owned subsidiary of Idaho Power that is also subject to regulation and is a one-third owner of BCC, an unconsolidated investment.
 
IDACORP’s other operating segments are below the quantitative and qualitative thresholds for reportable segments and are included in the "All Other" category in the table below. This category consists of IFS’s investments in affordable housing and other real estate tax credit projects, Ida-West’s joint venture investments in small hydropower generation projects, and IDACORP’s holding company expenses.

IDACORP’s and Idaho Power’s chief operating decision maker is regularly provided with significant segment expense information for utility operations at the same level of detail as presented in Idaho Power’s condensed consolidated statements of income.
The table below summarizes the segment information for IDACORP’s utility operations and the total of all other segments, and reconciles this information to total enterprise amounts (in thousands). 
Utility
Operations		All
Other		EliminationsConsolidated
Total
Three months ended March 31, 2025:    
Revenues$431,952 $505 $— $432,457 
Depreciation59,785 — — 59,785 
Other income (expense), net17,567 (351)— 17,216 
Interest income including carrying charges on regulatory assets9,040 3,053 (762)11,331 
Earnings of unconsolidated equity-method investments650 67 — 717 
Interest expense36,839 921 (762)36,998 
Income tax (benefit) expense(12,658)192 — (12,466)
Net income attributable to IDACORP, Inc.58,127 1,520 — 59,647 
Expenditures for long-lived assets201,239 85 — 201,324 
Total assets as of March 31, 2025
9,323,412 342,757 (74,143)9,592,026 
Three months ended March 31, 2024:
Revenues$448,299 $637 $— $448,936 
Depreciation54,013 — — 54,013 
Other income (expense), net14,013 (64)— 13,949 
Interest income including carrying charges on regulatory assets10,719 1,411 (762)11,368 
Earnings of unconsolidated equity-method investments617 8 — 625 
Interest expense32,733 845 (762)32,816 
Income tax benefit(5,031)(515)— (5,546)
Net income attributable to IDACORP, Inc.47,302 871 — 48,173