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REVENUES:
 3 Months Ended
Sep. 30, 2024
Revenues [Abstract]  
REVENUES: REVENUES
 
The following table provides a summary of electric utility operating revenues for IDACORP and Idaho Power for the three months and nine months ended September 30, 2024 and 2023 (in thousands):
Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
Revenue from contracts with customers$532,477 $496,632 $1,393,006 $1,267,527 
Alternative revenue programs and other revenues(4,990)13,003 32,600 84,173 
Total electric utility operating revenues$527,487 $509,635 $1,425,606 $1,351,700 
Revenues from Contracts with Customers

The following table presents revenues from contracts with customers disaggregated by revenue source for the three months and nine months ended September 30, 2024 and 2023 (in thousands):
Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
Retail revenues:
Residential (includes $(6,193), $5,583, $(8,982), and $20,170, respectively, related to the FCA)(1)
$195,291 $181,736 $525,353 $505,158 
Commercial (includes $(66), $328, $(158), and $900, respectively, related to the FCA)(1)
112,323 107,971 303,031 283,478 
Industrial71,908 67,522 203,990 181,312 
Irrigation109,861 104,645 191,671 168,358 
Deferred revenue related to HCC relicensing AFUDC(2)
(2,881)(2,815)(6,913)(6,861)
Total retail revenues486,502 459,059 1,217,132 1,131,445 
Less: FCA mechanism revenues(1)
6,259 (5,911)9,140 (21,070)
Wholesale energy sales6,946 5,065 65,759 50,461 
Transmission wheeling-related revenues19,419 20,090 60,142 61,701 
Energy efficiency program revenues5,283 10,498 16,699 22,265 
Other revenues from contracts with customers8,068 7,831 24,134 22,725 
Total revenues from contracts with customers$532,477 $496,632 $1,393,006 $1,267,527 
(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 AFUDC on construction work in progress related to the HCC relicensing process, even though the relicensing process is not yet complete and the costs have not been moved to utility 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

While revenues from contracts with customers make up most of Idaho Power’s revenues, the IPUC has authorized the use of an additional regulatory mechanism, the FCA mechanism, which may increase or decrease tariff-based customer rates. The FCA mechanism is described in Note 3 - "Regulatory Matters." The FCA mechanism revenues include only the initial recognition of FCA revenues when they meet the regulator-specified conditions for recognition. Revenue from contracts with customers excludes the portion of the tariff price representing FCA revenues that Idaho Power initially recorded in prior periods when revenues met regulator-specified conditions. When Idaho Power includes those amounts in the price of utility service and billed to customers, Idaho Power records such amounts as recovery of the associated regulatory asset or liability and not as revenues.

Derivative revenues include gains from settled electricity swaps and sales of electricity under forward sales contracts that are bundled with renewable energy credits. Related to these forward sales, Idaho Power simultaneously enters into forward purchases of electricity for the same quantity at the same location, which are recorded in purchased power on the condensed consolidated statements of income. For more information on settled electricity swaps, see Note 11 - "Derivative Financial Instruments."

The table below presents the FCA mechanism revenues and other revenues for the three months and nine months ended September 30, 2024 and 2023 (in thousands):
Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
FCA mechanism revenues$(6,259)$5,911 $(9,140)$21,070 
Derivative revenues1,269 7,092 41,740 63,103 
Total alternative revenue programs and other revenues$(4,990)$13,003 $32,600 $84,173 
Receivables and Allowance for Uncollectible Accounts

The following table provides a rollforward of the allowance for uncollectible accounts related to customer receivables for the nine months ended September 30, 2024 and 2023 (in thousands):
Nine months ended
September 30,
 20242023
Balance at beginning of period$4,869 $5,034 
Additions to the allowance1,744 2,040 
Write-offs, net of recoveries(3,317)(2,939)
Balance at end of period$3,296 $4,135 
Allowance for uncollectible accounts as a percentage of customer receivables2.2 %3.0 %