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IDACORP, Inc

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In a year’s time, shares of IDACORP have gained against the decline of its industry. IDACORP is gaining from strong customer growth combined with higher overall usage per customer. The company also benefited from constructive regulatory proceedings. IDACORP has plans to invest nearly $1.5 billion over the 2018-2022 time frame for improving Idaho Power's core business, along with transmission and plant-expansion projects, which will allow the company to provide efficient services as well as expand its customer base. However, IDACORP operates under stringent regulatory environment and operation of its hydro-electric power generation units require licenses and the permitting process could involve a number of stringent conditions which may lead to significant capital expenditures. The rising operating cost is a matter of concern for the company.


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