Idaho Power Company · Boise, ID United States
Company Description
Phone: 208-388-2200
Fax: 208-388-6955
Toll Free: 800-488-6151
View Idaho Power Company Locations On A US Map
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This link will open in a new window Idaho Power lights up spud farms and factories in southern Idaho and eastern Oregon. The utility provides electricity to 487,000 residential, commercial, and industrial customers over nearly 30,000 miles of transmission and distribution lines. Idaho Power holds franchises in 71 cities in Idaho and nine in Oregon. It also owns power plant interests that give it a generating capacity of more than 3,000 MW. In addition, the company, a subsidiary of IDACORP , has a 33% stake in the Bridger Coal Company, which supplies fuel to the Jim Bridger generating plant in Wyoming. To read the full description, subscribe now.
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Key Idaho Power Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $875.4 |
| 2008 Employees | 2,044 |
Idaho Power Company Executives
30 executives listed for Idaho Power Company's Boise, ID location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | J. LaMont Keen | Network |
| EVP Operations | Daniel Minor | Network |
| EVP Administrative Services and CFO | Darrel Anderson | Network |
Competition
Competitive Landscape for Idaho Power Company
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Idaho Power Company Competitors
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