IDACORP (NYSE:IDA) (NYSE:IDA) is a diversified energy holding company headquartered in Boise, Idaho. Founded in 1915, the firm operates primarily through its principal subsidiary, Idaho Power Company, which provides regulated electric utility services. Idaho Power’s service territory encompasses southern Idaho and eastern Oregon, delivering reliable energy to urban and rural communities while maintaining extensive transmission and distribution infrastructure.
Under the Idaho Power banner, IDACORP generates and distributes electricity using a balanced mix of resources. The company’s generation portfolio includes hydroelectric facilities on the Snake and Columbia rivers, natural gas–fired plants, and growing investments in solar and wind power. In addition, Idaho Power administers energy efficiency programs and demand-response initiatives designed to support customer conservation goals and integrate distributed generation resources.
In addition to the utility business, IDACORP holds a controlling interest in IdaTech, a manufacturer of fuel cell products and power system solutions for distributed energy applications. This subsidiary develops portable and stationary fuel cell systems, enabling off-grid power generation, backup power for critical facilities, and emerging hydrogen economy opportunities. Through strategic investments in research and development, IDACORP seeks to expand its technological footprint beyond traditional utility operations.
Leadership at IDACORP is headed by President and Chief Executive Officer Lisa Grow, supported by a board of directors with deep experience in energy regulation, finance, and infrastructure management. The company emphasizes responsible stewardship of natural resources, community engagement, and long-term infrastructure planning. With over a century of operating history, IDACORP continues to evolve its portfolio to meet regional energy needs while navigating the transition to lower-carbon energy sources.
