In Idaho, you will find power costs to be among the lowest in the country for businesses. Idaho Power provides energy that is reliable, renewable and at a reduced cost - over the last 7 years, industrial rates have been 30-40% less than the national average. Idaho's Commercial Rates are also among the lowest in the nation, click here to see how we compare to other metros.
Idaho Power offers cash incentives to business customers for energy efficient upgrades to their buildings. Learn how other businesses have reduced their electric bills by clicking here.
Idaho Power has also been in the news recently for their work with many companies in Idaho. Among these include:
- Idaho Power Featured in United Airlines Magazine The airline’s in-flight magazine, Hemispheres, includes a 25-page insert each month called Dossier that focuses on a particular state. The October issue is all about the Gem State and features Idaho Power. Idaho Power President and CEO Darrel Anderson was among six people featured as innovators, and he shared his thoughts about Idaho Power’s affordable rates, our uniquely “green” and hydro-heavy generation portfolio and our nearly 100-year-old history. The piece featuring Anderson can be found on page 8.
- Among the Nation's Top Utilities For the fourth year in a row, Idaho Power was ranked among the “Best Energy Companies” in the U.S. Idaho Power’s rank has improved in the Public Utilities Fortnightly “Fortnightly 40” with a #6 ranking for 2016, up 5 places from 2015. Idaho Power was ranked 39th in 2012, 29th in 2013, 17th in 2014, 11th in 2015.
- Read more here...
What would electrical costs be for my company?
Idaho Power offers a rate comparison tool, with data coming from the 2016 Edison Electric Institute Survey. See below for a sample comparison of how the Boise Valley compares with other metros, or click below to use Idaho Power's comparison tool.
Idaho Power Company:
Idaho Power was established in 1916 and is an electric utility engaged in the generation, transmission, distribution, sale and purchase of electric energy. It is a subsidiary of IDACORP, Inc. Idaho Power employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon. With 17 low-cost hydroelectric projects as the core of its generation portfolio, Idaho Power’s 492,000 residential, business and agricultural customers pay some of the nation’s lowest prices for electricity.
Idaho Power obtains energy from a diverse set of generation resources, long-term power purchase agreements, and short-term market purchases. The estimated fuel mix for Idaho Power's resource portfolio (2014) is: 43% hydropower, 8% Natural Gas, 11% Wind, 35% Coal, & 3% Geothermal & Other.
To learn more about Idaho Power visit www.idahopower.com/relocate.