IdaCorp Launches Mega Transmission Projects—Is This the Future of Western Energy? 

IDACORP, Inc.’s first-quarter 2025 earnings results reveal a mixed picture of operations reflecting both strengths and areas that require attention. The company reported an increase in diluted earnings per share, reaching $1.10 compared to $0.95 in the previous year’s first quarter. This increase was driven by higher retail revenues from Idaho Power’s rate base increase, customer growth, and the amortization of tax credits. However, these improvements were offset by rising depreciation and interest expenses linked to ongoing infrastructure projects.