v3.26.1
Idaho Power Company Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Regulated Operating Revenue        
Electric utility revenues $ 468,673 $ 449,672 $ 871,435 $ 881,625
Operating Expenses [Abstract]        
Purchased power 90,455 88,777 155,536 162,887
Fuel expense 28,323 34,845 92,052 104,246
Power cost adjustment 8,892 28,577 (401) 76,262
Other operations and maintenance 133,668 121,966 259,794 234,973
Energy efficiency programs 6,111 6,115 12,282 11,348
Depreciation and amortization 66,344 61,128 131,863 120,913
Other operating expenses, net 4,334 8,263 8,464 15,943
Total electric utility operating expenses 338,127 349,671 659,590 726,572
Operating Income 130,504 100,573 211,713 155,502
Nonoperating (Income) Expense:        
Allowance for equity funds used during construction (18,456) (15,166) (38,060) (29,608)
Earnings of unconsolidated equity-method investments (1,244) (1,306) (1,990) (2,024)
Interest on long-term debt and finance leases 50,382 44,321 98,155 82,489
Other interest 7,809 7,368 15,161 13,849
Allowance for borrowed funds used during construction (10,779) (9,217) (21,751) (16,867)
Other income, net (14,306) (14,872) (25,369) (28,977)
Total nonoperating expense, net 13,406 11,128 26,146 18,862
Income Before Income Taxes 117,098 89,445 185,567 136,640
Income Tax Expense (Benefit) 14,229 (6,681) 14,640 (19,147)
Net income 102,869 96,126 170,927 155,787
Idaho Power Company        
Regulated Operating Revenue        
Electric utility revenues 468,673 449,672 871,435 881,625
Operating Expenses [Abstract]        
Purchased power 90,455 88,777 155,536 162,887
Fuel expense 28,323 34,845 92,052 104,246
Power cost adjustment 8,892 28,577 (401) 76,262
Other operations and maintenance 133,668 121,966 259,794 234,973
Energy efficiency programs 6,111 6,115 12,282 11,348
Depreciation and amortization 66,344 61,128 131,863 120,913
Other operating expenses, net 4,334 8,263 8,464 15,943
Total electric utility operating expenses 338,127 349,671 659,590 726,572
Operating Income 130,546 100,001 211,845 155,053
Nonoperating (Income) Expense:        
Allowance for equity funds used during construction (18,456) (15,166) (38,060) (29,608)
Earnings of unconsolidated equity-method investments (591) (504) (1,422) (1,154)
Interest on long-term debt and finance leases 50,382 44,321 98,155 82,489
Other interest 7,748 7,281 15,023 13,602
Allowance for borrowed funds used during construction (10,779) (9,217) (21,751) (16,867)
Other income, net (13,845) (12,805) (23,798) (24,970)
Total nonoperating expense, net 14,459 13,910 28,147 23,492
Income Before Income Taxes 116,087 86,091 183,698 131,561
Income Tax Expense (Benefit) 14,811 (6,747) 15,764 (19,405)
Net income $ 101,276 $ 92,838 $ 167,934 $ 150,966