Intermountain Power Agency · South Jordan, UT United States
Company Description
Phone: 801-938-1333
Fax: 801-938-1330
View Intermountain Power Agency Locations On A US Map
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This link will open in a new window If you're into mountains (and who isn't?) Intermountain Power Agency (IPA) may well be the key to your access to power. IPA was formed in 1977 by 23 Utah municipal electric utilities to develop and operate the Intermountain Power Project (IPP), a two-unit coal-fired generation facility with a capacity of 1,700 MW, and two high-voltage transmission systems. The company's facilities, which began operating in 1987, supply power to the 23 founding municipalities. IPA also sells power through contracts with 13 additional utilities in Utah and California. The IPA is operated by The Los Angeles Department of Water and Power . To read the full description, subscribe now.
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Key Intermountain Power Agency Financials
| Company Type | Government-owned Single Location |
| Fiscal Year-End | June |
| Annual Sales (mil.) | $1.2 |
| Employees | 12 |
Intermountain Power Agency Executives
12 executives listed for Intermountain Power Agency's South Jordan, UT location.
| Title | Name & Bio | Contact |
| Chairman | Ray Farrell | Network |
| Vice Chairman | R. Leon Bowler | Network |
| General Manager | James Hewlett | Network |
Competition
Competitive Landscape for Intermountain Power Agency
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 Intermountain Power Agency Competitors
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