IDACORP, Inc. Common Stock (IDA)
Frequently Asked Questions About IDACORP, Inc. Common Stock (IDA)
How can I invest in IDACORP, Inc.?
To invest in IDACORP, Inc., you can purchase shares through a stockbroker or an online trading platform. As IDACORP is publicly traded on the NYSE under the ticker 'IDA', shares can be bought or sold like other publicly listed companies. It’s advisable to consult financial advisors for investment strategies.
How does IDACORP address energy efficiency?
IDACORP addresses energy efficiency by offering programs and incentives that encourage customers to reduce their energy consumption. These initiatives include rebates for energy-efficient appliances, support for energy audits, and educational resources to help customers make informed decisions about their energy use.
How does IDACORP ensure grid reliability?
IDACORP ensures grid reliability through extensive infrastructure investment and maintenance, innovative technology deployment, and strategic energy procurement. The company employs advanced analytics to manage grid performance, allowing it to respond quickly to outages and maintain high service levels for its customers.
How does IDACORP promote sustainability?
IDACORP promotes sustainability through its commitment to renewable energy and energy efficiency programs. The company invests in renewable energy projects and offers customers programs that encourage energy conservation, aiming to reduce greenhouse gas emissions while meeting customer energy needs.
How often does IDACORP report its financial results?
IDACORP typically reports its financial results on a quarterly basis, providing updates on its performance through earnings calls and public filings. These reports include details on revenue, expenses, and other key financial metrics that reflect the company's operational health and business strategies.
What are IDACORP's main energy sources?
IDACORP generates electricity through a combination of hydroelectric, natural gas, and renewable energy sources. The company has invested heavily in renewable energy projects, including wind and solar facilities, to diversify its energy portfolio and reduce its carbon footprint.
What challenges does IDACORP face?
IDACORP faces several challenges, including regulatory changes, environmental concerns, and competition from alternative energy providers. Additionally, fluctuations in fuel prices and the need for substantial infrastructure investment present ongoing challenges that the company must navigate to maintain operational effectiveness.
What community involvement does IDACORP support?
IDACORP actively supports community involvement through various charitable initiatives and educational programs focused on energy literacy. The company participates in local events and organizations, emphasising its commitment to enhancing the quality of life in the regions it serves.
What does IDACORP, Inc. do?
IDACORP, Inc. is a holding company that primarily operates through its subsidiary, Idaho Power Company. It provides electricity to more than 500,000 customers in southern Idaho and eastern Oregon. The company is dedicated to sustainable energy practices and focuses on delivering reliable power through a mix of renewable and conventional energy sources.
What initiatives has IDACORP taken in renewable energy?
IDACORP has actively pursued initiatives in renewable energy by developing several wind and solar projects that contribute to the electric grid. The company has set ambitious goals to increase its renewable energy generation, aiming to meet state requirements and customer demands for green energy solutions.
What is IDACORP's approach to customer service?
IDACORP places a strong emphasis on customer service by providing a range of support options, such as online account management, customer service representatives, and educational resources about energy efficiency. The company strives to maintain a high level of customer satisfaction through responsive service and continuous improvement.
What is IDACORP's dividend policy?
IDACORP has a strong commitment to returning value to its shareholders through regular dividend payments. The company has a history of increasing its dividends annually, reflecting its solid financial performance and commitment to shareholders, with a focus on sustainable growth.
What is Idaho Power Company's service area?
Idaho Power Company serves a predominantly rural area that spans across southern Idaho and eastern Oregon. The company is responsible for providing electricity to various communities, including major cities like Boise, Pocatello, and Twin Falls, as well as many smaller towns and rural areas.
What is the outlook for IDACORP's future growth?
The outlook for IDACORP's future growth is positive, bolstered by anticipated population growth in its service area, a focus on renewable energy expansion, and ongoing investments in infrastructure. The company is well-positioned to adapt to changing energy trends and enhance shareholder value through these initiatives.
What role does technology play in IDACORP's operations?
Technology plays a vital role in IDACORP's operations, as the company integrates advanced systems for grid management, customer service, and renewable energy integration. This technological investment enhances operational efficiency, improves customer experiences, and supports the transition to a more sustainable energy future.
What stock exchange is IDACORP, Inc. listed on?
IDACORP, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol 'IDA'. This listing allows institutional and retail investors to buy and sell shares of the company, contributing to its overall market liquidity and visibility.
When was IDACORP, Inc. founded?
IDACORP, Inc. was founded in 1998 as part of a restructuring effort to separate its utility operations from its non-utility businesses. The decision to form IDACORP allowed the company to focus on its core utility business through Idaho Power while pursuing opportunities in other sectors.
Where is IDACORP, Inc. headquartered?
IDACORP, Inc. is headquartered in Boise, Idaho. The company's corporate office is situated in a strategic location that allows it to efficiently manage its operations and support its subsidiaries, particularly Idaho Power Company, which serves a diverse customer base.
Who are IDACORP's major competitors?
IDACORP's major competitors include other utility companies operating in the Pacific Northwest and across the United States. These include larger utility holdings such as Pacificorp and Puget Sound Energy, which compete for both residential and commercial electricity customers in overlapping service areas.
What is the current price of IDACORP, Inc. Common Stock?
The current price of IDACORP, Inc. Common Stock is 114.40
When was IDACORP, Inc. Common Stock last traded?
The last trade of IDACORP, Inc. Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of IDACORP, Inc. Common Stock?
The market capitalization of IDACORP, Inc. Common Stock is 5.78B
How many shares of IDACORP, Inc. Common Stock are outstanding?
IDACORP, Inc. Common Stock has 50.52M shares outstanding.