v3.26.3
Idaho Power Company Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Regulated Operating Revenue        
Electric utility revenues $ 607,037 $ 523,549 $ 1,478,472 $ 1,405,173
Operating Expenses [Abstract]        
Purchased power 140,519 121,276 296,056 284,163
Fuel expense 74,190 74,992 166,242 179,238
Power cost adjustment (12,402) (18,295) (12,802) 57,967
Other operations and maintenance 142,941 120,398 402,735 355,371
Energy efficiency programs 8,011 7,460 20,293 18,808
Depreciation and amortization 71,928 64,493 203,790 185,407
Other operating expenses, net 3,871 8,112 12,333 24,053
Total electric utility operating expenses 429,058 378,436 1,088,647 1,105,007
Operating Income 178,728 144,821 390,442 300,323
Non-operating (Income) Expense:        
Allowance for equity funds used during construction (18,645) (15,569) (56,705) (45,177)
Earnings of unconsolidated equity-method investments (2,279) (2,185) (4,268) (4,208)
Interest on long-term debt and finance leases 51,681 46,244 149,836 128,733
Other interest 7,863 7,847 23,023 21,696
Allowance for borrowed funds used during construction (10,074) (9,207) (31,825) (26,075)
Other income, net (13,257) (14,604) (38,626) (43,582)
Total non-operating expense, net 15,289 12,526 41,435 31,387
Income Before Income Taxes 163,439 132,295 349,007 268,936
Income Tax Expense (Benefit) 3,007 7,686 17,648 (11,460)
Net income 160,432 124,609 331,359 280,396
Idaho Power Company        
Regulated Operating Revenue        
Electric utility revenues 607,037 523,549 1,478,472 1,405,173
Operating Expenses [Abstract]        
Purchased power 140,519 121,276 296,056 284,163
Fuel expense 74,190 74,992 166,242 179,238
Power cost adjustment (12,402) (18,295) (12,802) 57,967
Other operations and maintenance 142,941 120,398 402,735 355,371
Energy efficiency programs 8,011 7,460 20,293 18,808
Depreciation and amortization 71,928 64,493 203,790 185,407
Other operating expenses, net 3,871 8,112 12,333 24,053
Total electric utility operating expenses 429,058 378,436 1,088,647 1,105,007
Operating Income 177,979 145,113 389,825 300,166
Non-operating (Income) Expense:        
Allowance for equity funds used during construction (18,645) (15,569) (56,705) (45,177)
Earnings of unconsolidated equity-method investments (1,228) (996) (2,650) (2,150)
Interest on long-term debt and finance leases 51,681 46,244 149,836 128,733
Other interest 7,783 7,759 22,806 21,361
Allowance for borrowed funds used during construction (10,074) (9,207) (31,825) (26,075)
Other income, net (12,837) (12,595) (36,635) (37,563)
Total non-operating expense, net 16,680 15,636 44,827 39,129
Income Before Income Taxes 161,299 129,477 344,998 261,037
Income Tax Expense (Benefit) 3,163 7,321 18,927 (12,084)
Net income $ 158,136 $ 122,156 $ 326,071 $ 273,121