v3.26.1
INCOME TAXES: Level 3 (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The following table provides a summary of income tax expense (benefit) (in thousands of dollars): 
 IDACORPIdaho Power
Six months ended
June 30,
Six months ended
June 30,
 2026202520262025
Income tax at statutory rates (federal and state)$46,426 $34,196 $45,978 $32,928 
Excess deferred income tax reversal(3,248)(4,862)(3,248)(4,862)
Other(1)
(22,288)(11,981)(20,716)(10,971)
Income tax expense before ADITC$20,890 $17,353 $22,014 $17,095 
Additional ADITC amortization(6,250)(36,500)(6,250)(36,500)
Income tax expense (benefit)$14,640 $(19,147)$15,764 $(19,405)
Effective tax rate7.9 %(14.0)%8.6 %(14.8)%
(1) "Other" primarily consists of the net tax effect of Idaho Power's regulatory flow-through tax adjustments.
Supplemental Disclosure of Cash Flow Information

Supplemental cash flow information related to income taxes, including cash (refunded) paid for income taxes and cash (received from) paid to IDACORP related to income taxes, is presented below (in thousands of dollars):
Six months ended
June 30,
 20262025
IDACORP
Total cash (refunded) paid for income taxes$(6,073)$480 
Idaho Power
Total cash (received from) paid to IDACORP related to income taxes$(2,442)$15,627