Business

Idaho Power's 20-year Energy Plan Calls for Significant Investment in Energy Resources to Meet Projected Growth

BOISE, Idaho, July 01, 2025--Idaho Power Company (Idaho Power), a wholly owned subsidiary of IDACORP, Inc. (NYSE: IDA), has released its latest long-range energy plan, which forecasts unprecedented growth in energy demand and lays out the preferred options for serving customers.

articleIdacorp, Inc.July 1, 202511/company/idacorp-inc/news/idaho-powers-20-year-energy-plan-calls-for-significant-investment-in-energy-resources-to-meet-projected-growth
Idaho Power's 20-year Energy Plan Calls for Significant Investment in Energy Resources to Meet Projected Growth

About this update from Idacorp, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/7490dab79c472f8868d90f39551e9ce6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AsHlO.deq6EL0bB5Y0drGg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/7490dab79c472f8868d90f39551e9ce6","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/Hasl.ZxjMGT6MLiRa8ejfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/7490dab79c472f8868d90f39551e9ce6","width":1024,"height":512}},"lazy":false},{"type":"text","content":"BOISE, Idaho, July 01, 2025--(BUSINESS WIRE)--Idaho Power Company (Idaho Power), a wholly owned subsidiary of IDACORP, Inc. (NYSE: IDA), has released its latest long-range energy plan, which forecasts unprecedented growth in energy demand and lays out the preferred options for serving customers.","length":296,"tagName":"p"},{"type":"text","content":"The 2025 Integrated Resource Plan was filed with state regulators Friday. It shows that the company needs to add significant energy resources, transmission, battery storage, and energy efficiency. The public utility commissions in Idaho and Oregon will set a schedule for public review and comment before deciding to acknowledge the plan.","length":338,"tagName":"p"},{"type":"text","content":""The IRP is a really detailed analysis of how we are going to continue serving our customers with safe, reliable, affordable energy in a responsible way," said Idaho Power Resource Planning Leader Jared Hansen, who oversees the IRP process.","length":250,"tagName":"p"},{"type":"text","content":"The utility’s preferred portfolio of resources focuses on least-cost and reliability-enhancing generation and transmission projects with an eye toward further reducing wildfire risk.","length":182,"tagName":"p"},{"type":"text","content":"Growth continues to be driven by increases in population as well as a broad range of commercial and industrial expansion and development across the company’s service area. Although new large-demand customers are required to pay for their own costs of interconnecting to the company’s system to receive electric service, the company stil...

More updates from Idacorp, Inc.

Idaho PowerBOISE, IdahoIdahoIDACORP, Inc.