REVENUES: Electric utility operating revenues (Tables)

6 Months Ended

Jun. 30, 2021

Electric utility operating revenues [Line Items]

Electric utility operating revenues [Table Text Block]

The following table provides a summary of electric utility operating revenues for IDACORP and Idaho Power for the three and six months ended June 30, 2021 and 2020 (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Electric utility operating revenues:
Revenue from contracts with customers	$	357,461	$	310,971	$	648,787	$	581,155
Alternative revenue programs and other revenues	1,597		6,695		25,838		26,999
Total electric utility operating revenues	$	359,058	$	317,666	$	674,625	$	608,154

Disaggregation of Revenue [Table Text Block]

The following table presents revenues from contracts with customers disaggregated by revenue source for the three and six months ended June 30, 2021 and 2020 (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Revenues from contracts with customers:
Retail revenues:
Residential (includes ($715), $4,135, $15,107, and $19,844, respectively, related to the FCA)(1)	$	122,633	$	109,471	$	277,418	$	254,357
Commercial (includes $165, $397, $647 and $881, respectively, related to the FCA)(1)	77,609		67,214		149,878		136,728
Industrial	48,047		43,087		93,477		85,847
Irrigation	76,799		60,149		77,885		61,523
Deferred revenue related to HCC relicensing AFUDC(2)	(1,927)		(1,927)		(4,046)		(4,046)
Total retail revenues	323,161		277,994		594,612		534,409
Less: FCA mechanism revenues(1)	550		(4,532)		(15,754)		(20,725)
Wholesale energy sales	4,308		6,866		10,567		10,775
Transmission wheeling-related revenues	15,420		11,491		29,887		21,854
Energy efficiency program revenues	6,658		11,953		15,685		21,428
Other revenues from contracts with customers	7,364		7,199		13,790		13,414
Total revenues from contracts with customers	$	357,461	$	310,971	$	648,787	$	581,155

(1) The FCA mechanism is an alternative revenue program in the Idaho jurisdiction and does not represent revenue from contracts with customers.

(2) The IPUC allows Idaho Power to recover a portion of the allowance for funds used during construction (AFUDC) on construction work in progress related to the Hells Canyon Complex (HCC) relicensing process, even though the relicensing process is not yet complete and the costs have not been moved to electric plant in service. Idaho Power is collecting $8.8 million annually in the Idaho jurisdiction but is deferring revenue recognition of the amounts collected until the license is issued and the accumulated license costs approved for recovery are placed in service.

Alternative revenue programs and other revenues [Table Text Block]

The table below presents the FCA mechanism revenues and other revenues for the three and six months ended June 30, 2021 and 2020 (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Alternative revenue programs and other revenues:
FCA mechanism revenues	$	(550)	4,532		$	15,754	$	20,725
Derivative revenues	2,147		2,163		10,084		6,274
Total alternative revenue programs and other revenues	$	1,597	$	6,695	$	25,838	$	26,999