XML 24 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Idaho Power Company Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Regulated Operating Revenue    
Electric utility revenues $ 429,338 $ 343,921
Operating Expenses [Abstract]    
Purchased power 171,093 85,424
Fuel expense 89,080 45,702
Power cost adjustment (51,337) (400)
Other operations and maintenance 92,041 92,086
Energy efficiency programs 5,215 6,589
Depreciation 45,391 44,457
Other electric utility operating expenses 9,028 8,901
Total electric utility operating expenses 360,511 282,759
Operating Income 68,103 60,668
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (9,908) (9,123)
Earnings of unconsolidated equity-method investments (2,454) (2,308)
Interest on long-term debt 24,968 21,069
Other interest 4,755 3,815
Allowance for borrowed funds used during construction (4,228) (3,385)
Other income, net (8,149) (1,610)
Total nonoperating expense, net 4,984 8,458
Income Before Income Taxes 63,119 52,210
Income Tax Expense 7,095 6,026
Net Income 56,024 46,184
Idaho Power Company [Member]    
Regulated Operating Revenue    
Electric utility revenues 429,338 343,921
Operating Expenses [Abstract]    
Purchased power 171,093 85,424
Fuel expense 89,080 45,702
Power cost adjustment (51,337) (400)
Other operations and maintenance 92,041 92,086
Energy efficiency programs 5,215 6,589
Depreciation 45,391 44,457
Other electric utility operating expenses 9,028 8,901
Total electric utility operating expenses 360,511 282,759
Operating Income 68,827 61,162
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (9,908) (9,123)
Earnings of unconsolidated equity-method investments (2,472) (2,480)
Interest on long-term debt 24,968 21,069
Other interest 4,674 3,811
Allowance for borrowed funds used during construction (4,228) (3,385)
Other income, net (7,527) (1,641)
Total nonoperating expense, net 5,507 8,251
Income Before Income Taxes 63,320 52,911
Income Tax Expense 7,610 6,697
Net Income $ 55,710 $ 46,214