Idacorp, Inc. · NYSE:IDA
Idacorp — Corporate Update (July 2021)
9 slides from Idacorp's corporate update, Jul 2, 2021
Slide 1: Investor Updates Summer 2021
Investor Updates Summer 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements In addition to the historical information contained in this presentation, this presentation contains (and oral communications made by IDACORP, Inc. and Idaho Power Company may contain) statements, including, without limitation, earnings guidance and estimated key operating
Slide 3: Table of Contents
Table of Contents Wildfire Mitigation Plan Cost Deferral 1 Jim Bridger Coal Plant Early Exit Filing 2 All-Time High Summer Peak Demand 3 2021 Summer Peak Trend 4 Weather Outlook 5
Slide 4: Wildfire Mitigation Plan Cost Deferral
Wildfire Mitigation Plan Cost Deferral • On June 17, 2021, the Idaho Public Utilities Commission Approved: – Deferral of approximately $47 million of estimated incremental O&M expenses for wildfire mitigation efforts over the next five years – Deferral of depreciation expense associated with approxi
Slide 5: Jim Bridger Coal Plant Early Exit by 2030
Jim Bridger Coal Plant Early Exit by 2030 2 *Idaho Power does not own or operate the solar and wind facilities portrayed on this map. However, the Company buys generation from these facilities under long-term power purchase agreements. Valmy Unit 1 Ended 2019 Boardman Shut Down 2020 • On June 2, 202
Slide 6: All-Time High Summer System Peak Demand
All-Time High Summer System Peak Demand (Mega-watts (MWs)) 3 * 2021 peak MWs are estimates. Please refer to Idaho Power’s website for additional information and updates it may publish related to its estimated system load data. Note: Net effects of weather variations are offset by the fixed cost adju
Slide 7: Late June 2021 System Peak Day Trend
Late June 2021 System Peak Day Trend June 24-30 (MWs) 3,308 3,238 3,312 3,366 3,516 3,724 3,745 2,000 2,200 2,400 2,600 2,800 3,000 3,200 3,400 3,600 3,800 24-Jun 25-Jun 26-Jun 27-Jun 28-Jun 29-Jun 30-Jun 4 * 2021 peak MWs are estimates. Please refer to Idaho Power’s website for additional informati
Slide 8: Weather Outlook July Through September 2021
Weather Outlook July Through September 2021 Source: NOAA, National Oceanic Atmospheric Administration, U.S. Dept. of Commerce, June 17, 2021 5
Slide 9: Contact Information
Contact Information Justin S. Forsberg Director of Investor Relations & Treasury (208) 388-2728 JForsberg@idacorpinc.com WWW.IDACORPINC.COM WWW.IDAHOPOWER.COM