SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

IDACORP’s only reportable segment is utility operations. The utility operations segment’s primary source of revenue is the regulated operations of Idaho Power. Idaho Power’s regulated operations include the generation, transmission, distribution, purchase, and sale of electricity. This segment also includes income from IERCo, a wholly-owned subsidiary of Idaho Power that is also subject to regulation and is a one-third owner of BCC, an unconsolidated joint venture.

IDACORP’s other operating segments are below the quantitative and qualitative thresholds for reportable segments and are included in the “All Other” category in the table below. This category is comprised of IFS’s investments in affordable housing and other real estate tax credits, Ida-West’s joint venture investments in small hydropower generation projects, and IDACORP’s holding company expenses.

The table below summarizes the segment information for IDACORP’s utility operations and the total of all other segments, and reconciles this information to total enterprise amounts (in thousands):

	Utility Operations		All Other		Eliminations		Consolidated Total
2022
Revenues	$	1,641,040	$	2,941	$	—	$	1,643,981
Operating income	327,170		8		—		327,178
Other income, net	33,876		(187)		—		33,689
Interest income	12,556		2,776		(931)		14,401
Equity-method income	10,211		1,300		—		11,511
Interest expense	89,038		1,268		(931)		89,375
Income before income taxes	294,775		2,629		—		297,404
Income tax expense (benefit)	39,908		(2,064)		—		37,844
Income attributable to IDACORP, Inc.	254,867		4,115		—		258,982
Total assets	7,411,104		245,762		(113,608)		7,543,258
Expenditures for long-lived assets	432,430		159		—		432,589

2021
Revenues	$	1,455,410	$	2,674	$	—	$	1,458,084
Operating income	329,568		83		—		329,651
Other income, net	21,243		(138)		—		21,105
Interest income	7,123		216		(47)		7,292
Equity-method income	10,211		1,224		—		11,435
Interest expense	86,663		82		(47)		86,698
Income before income taxes	281,482		1,302		—		282,784
Income tax expense (benefit)	38,257		(1,345)		—		36,912
Income attributable to IDACORP, Inc.	243,225		2,325		—		245,550
Total assets	6,990,839		281,999		(62,323)		7,210,515
Expenditures for long-lived assets	299,972		27		—		299,999
2020
Revenues	$	1,347,340	$	3,389	$	—	$	1,350,729
Operating income	308,780		741		—		309,521
Other income, net	22,555		(8)		—		22,547
Interest income	9,733		1,275		(496)		10,512
Equity-method income	10,102		1,411		—		11,513
Interest expense	87,389		533		(496)		87,426
Income before income taxes	263,783		2,885		—		266,668
Income tax expense (benefit)	30,548		(1,848)		—		28,700
Income attributable to IDACORP, Inc.	233,235		4,182		—		237,417
Total assets	6,906,110		253,060		(63,926)		7,095,244
Expenditures for long-lived assets	310,937		1		—		310,938