v3.25.1
Idaho Power Company Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Regulated Operating Revenue    
Electric utility revenues $ 431,952 $ 448,299
Operating Expenses [Abstract]    
Purchased power 74,109 111,899
Fuel expense 69,401 92,241
Power cost adjustment 47,685 22,363
Other operations and maintenance 113,007 105,829
Energy efficiency programs 5,232 4,291
Depreciation 59,785 54,013
Other electric utility operating expenses, net 7,682 8,008
Total electric utility operating expenses 376,901 398,644
Operating Income 54,929 49,596
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (14,441) (11,152)
Earnings of unconsolidated equity-method investments (717) (625)
Interest on long-term debt 38,168 33,308
Other interest 6,481 5,467
Allowance for borrowed funds used during construction (7,651) (5,959)
Other income, net (14,106) (14,165)
Total nonoperating expense, net 7,734 6,874
Income Before Income Taxes 47,195 42,722
Income Tax Benefit (12,466) (5,546)
Net Income Attributable to IDACORP, Inc. 59,647 48,173
Net income 59,661 48,268
Idaho Power Company    
Regulated Operating Revenue    
Electric utility revenues 431,952 448,299
Operating Expenses [Abstract]    
Purchased power 74,109 111,899
Fuel expense 69,401 92,241
Power cost adjustment 47,685 22,363
Other operations and maintenance 113,007 105,829
Energy efficiency programs 5,232 4,291
Depreciation 59,785 54,013
Other electric utility operating expenses, net 7,682 8,008
Total electric utility operating expenses 376,901 398,644
Operating Income 55,051 49,655
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (14,441) (11,152)
Earnings of unconsolidated equity-method investments (650) (617)
Interest on long-term debt 38,168 33,308
Other interest 6,322 5,384
Allowance for borrowed funds used during construction (7,651) (5,959)
Other income, net (12,166) (13,580)
Total nonoperating expense, net 9,582 7,384
Income Before Income Taxes 45,469 42,271
Income Tax Benefit (12,658) (5,031)
Net Income Attributable to IDACORP, Inc. 58,127 47,302
Net income $ 58,127 $ 47,302