IDACORP, Inc. reported net income attributable to IDACORP of $124.4 million, or $2.26 per diluted share, for the third quarter of 2025, compared to $113.6 million, or $2.12 per diluted share, for the same period in 2024. For the first nine months of 2025, Idaho Power recorded $39.0 million of additional ADITC amortization under its Idaho regulatory settlement stipulation, up from $22.5 million during the same period in 2024. The company increased its full-year 2025 earnings guidance to a range of $5.80 to $5.90 per diluted share, from the previous range of $5.70 to $5.85 per diluted share. The updated guidance reflects expectations that Idaho Power will utilize between $50 million and $60 million of additional tax credits in 2025, with assumptions of normal weather conditions and power supply expenses. IDACORP also reached a settlement in its Idaho general rate case, pending approval from the Idaho Public Utilities Commission. Continued customer growth and rate changes were cited as significant factors impacting the third quarter results, offset in part by higher financing and depreciation expenses related to infrastructure investments.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Idacorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251030011250) on October 30, 2025, and is solely responsible for the information contained therein.
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