Idacorp
Encyclopedia
IDACORP, Inc is an electricity
holding company
, incorporated in Idaho
with headquarters in Boise, Idaho
. It comprises Idaho Power Company
, IDACORP Financial and Ida-West Energy. It was formed October 1, 1998.
Electricity
Electricity is a general term encompassing a variety of phenomena resulting from the presence and flow of electric charge. These include many easily recognizable phenomena, such as lightning, static electricity, and the flow of electrical current in an electrical wire...
holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
, incorporated in Idaho
Idaho
Idaho is a state in the Rocky Mountain area of the United States. The state's largest city and capital is Boise. Residents are called "Idahoans". Idaho was admitted to the Union on July 3, 1890, as the 43rd state....
with headquarters in Boise, Idaho
Boise, Idaho
Boise is the capital and most populous city of the U.S. state of Idaho, as well as the county seat of Ada County. Located on the Boise River, it anchors the Boise City-Nampa metropolitan area and is the largest city between Salt Lake City, Utah and Portland, Oregon.As of the 2010 Census Bureau,...
. It comprises Idaho Power Company
Idaho Power Company
Idaho Power Company is a regulated electrical power utility. Its business involves the purchase, sale, generation, transmission and distribution of electricity in eastern Oregon and southern Idaho. It is a subsidiary of IDACORP, Inc...
, IDACORP Financial and Ida-West Energy. It was formed October 1, 1998.