Idacorp

Idacorp is an energy holding company based in Boise, Idaho. It was founded in 1915 and is the parent company of Idaho Power Company, a regulated electric utility serving 560,000 customers in southern Idaho and eastern Oregon. Idacorp also owns and operates several hydroelectric power plants and natural gas-fired power plants.
The company's primary business is providing electricity to its customers, but it also has investments in other areas such as real estate and technology. Idacorp is a publicly traded company and is listed on the New York Stock Exchange under the symbol IDA.
In addition to providing electricity, Idacorp and its subsidiary Idaho Power have a strong commitment to environmental responsibility and have implemented renewable energy and energy efficiency programs to reduce their carbon footprint.
Idacorp is also committed to giving back to the communities it serves through various charitable and volunteer initiatives. The company has a strong track record of supporting local organizations and initiatives that focus on education, health and human services, arts and culture, and the environment.
Overall, Idacorp is dedicated to providing reliable, affordable, and sustainable energy to its customers while also being a responsible corporate citizen.

1. Long History:
Idacorp has a long and rich history, dating back to 1896 when it was founded as the Boise Water Light & Power Company. It has since expanded into other areas, including power generation, transmission, and distribution.
2. Customer Focus:
Idacorp prides itself on being customer-focused and meeting the changing needs of its customers. This has led to the company receiving multiple awards for customer satisfaction.
3. Renewable Energy:
The company is committed to providing sustainable energy solutions and has invested significantly in renewable energy sources such as hydro, wind, and solar. As of 2021, over 60% of the company's electricity generation comes from renewable sources.
4. Stable Financial Performance:
Idacorp has a strong financial track record, with consistent growth in earnings and dividends. This stability and financial strength have enabled the company to reinvest in its infrastructure and continue to provide reliable service to its customers.
5. Community Involvement:
The company takes an active role in supporting and giving back to the communities it serves. It has various community programs and initiatives focused on education, the environment, and social services.
6. Sustainability Commitment:
Idacorp is committed to operating in an environmentally responsible manner and has set targets to reduce its greenhouse gas emissions, increase energy efficiency, and minimize waste.
7. Industry Recognition:
Idacorp has been recognized by various industry groups and publications for its performance, sustainability efforts, and workplace culture. It has been named one of Fortune's "World's Most Admired Companies" for seven consecutive years.
8. Strong Employee Culture:
The company values its employees and has a strong company culture that promotes teamwork, innovation, and diversity. It has been recognized as one of the "Best Places to Work in Idaho" for several years in a row.
9. Diverse Business Segments:
Idacorp has diversified its business with various subsidiaries, including an energy company, a technology solutions company, and an energy trading and hedging company. This diversification helps mitigate risks and provides growth opportunities.
10. Forward-Looking Technology:
Idacorp is investing in new technologies and innovation to improve its operations and meet the evolving energy needs of its customers. This includes implementing smart grid technology and exploring new ways to integrate renewable energy into its grid.

Idacorp is an electricity and energy holding company based in Idaho, United States. The company's business model revolves around generating, transmitting, distributing, and selling electric energy to customers in its service territory.
The company's primary subsidiary is Idaho Power, which owns and operates power plants, transmission lines, and distribution systems to deliver electricity to more than 566,000 customers in southern Idaho and eastern Oregon. Idaho Power also provides energy-related products and services, such as energy conservation programs and renewable energy resources.
Idacorp's business model also includes investing in renewable energy projects and exploring new technologies to provide cleaner and more sustainable energy solutions. The company has a strong focus on environmental stewardship and actively works towards reducing its carbon footprint.
In addition to its electricity business, Idacorp also operates through its other subsidiaries, including Idaho Energy Resources Co., which engages in coal mining operations and Idacorp Financial Services Inc., which provides financing and leasing services for energy assets.
Overall, Idacorp's business model centers on providing reliable and affordable electricity to its customers while also promoting sustainability and responsible energy practices.

1. Idacorp is a publicly traded utility holding company, headquartered in Boise, Idaho. It was founded in 1915 and incorporated in 1998.
2. The company is the parent company of Idaho Power, a regulated electric utility that serves over 550,000 customers in southern Idaho and eastern Oregon.
3. Idaho Power was the first company in Idaho to generate and distribute electricity to customers. The company’s first power plant, located in Idaho Falls, began operation in 1900.
4. In 1949, Idaho Power studied the feasibility of using nuclear energy for electricity generation. However, the company ultimately decided against pursuing nuclear power due to concerns about cost and public acceptance.
5. In addition to its electric utility operations, Idacorp also owns and operates renewable energy projects, including hydroelectric, wind, and solar energy facilities.
6. Idacorp has a long history of corporate social responsibility and has been recognized for its sustainability efforts. In 2020, the company was named one of the World’s Most Ethical Companies by the Ethisphere Institute.
7. The company has a diverse workforce, with more than 43% of its employees being women and 15% being people of color.
8. Idacorp has been listed on the S&P 500 since 2002 and is one of the top performing utility stocks in the United States in terms of shareholder returns.
9. Idaho Power has a strong commitment to reducing its carbon footprint and has set a goal to provide 100% clean energy by 2045.
10. The company has been recognized by J.D. Power for outstanding customer satisfaction in its residential and business customer segments. In 2020, Idaho Power ranked first in the West Large Segment for residential customer satisfaction.
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