IDACORP, Inc.: The Load Growth, Large Customer Projects & Other Major Drivers!

IDACORP, Inc., the parent company of Idaho Power, reported its financial performance for the year 2024, highlighting several growth indicators and strategic priorities. The company achieved a 17th consecutive year of earnings growth, with diluted earnings per share increasing to $5.50 from $5.14 in the previous year. A significant increase in customer growth, robust economic conditions, and favorable weather contributed to this positive trajectory. IDACORP experienced a 2.6% customer growth, bringing its total customer base to nearly 650,000.