Idacorp is an Undiscovered Utility Company With Substantial Growth Potential

R. Dietenberger
Reading Time: 1 minute

Idacorp offers the opportunity to invest in cost-effective power generation and AI. The main subsidiary is Idaho Power, a 109-year-old utility company that supplies around 650,000 residential customers in southern Idaho and eastern Oregon. The company generates about two-thirds of the electricity itself and purchases the rest. Approximately 20% of the generated electricity comes from coal, which the company plans to replace with gas by 2030. More than half comes from cost-effective hydropower, which helps keep costs low for Idaho residents. The...

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