Idaho Power Company Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Regulated Operating Revenue
Electric utility revenues	$ 523,549	$ 527,487	$ 1,405,173	$ 1,425,606
Operating Expenses [Abstract]
Purchased power	121,276	114,578	284,163	321,860
Fuel expense	74,992	73,471	179,238	188,411
Power cost adjustment	(18,295)	20,779	57,967	102,297
Other operations and maintenance	120,398	116,168	355,371	332,900
Energy efficiency programs	7,460	5,283	18,808	16,699
Depreciation and amortization	64,493	56,388	185,407	165,133
Other electric utility operating expenses, net	8,112	7,453	24,053	12,482
Total electric utility operating expenses	378,436	394,120	1,105,007	1,139,782
Operating Income	144,821	133,709	300,323	286,575
Nonoperating (Income) Expense:
Allowance for equity funds used during construction	(15,569)	(15,179)	(45,177)	(39,610)
Earnings of unconsolidated equity-method investments	(2,185)	(1,978)	(4,208)	(3,880)
Interest on long-term debt and finance leases	46,244	35,432	128,733	102,048
Other interest	7,847	6,353	21,696	17,895
Allowance for borrowed funds used during construction	(9,207)	(7,639)	(26,075)	(20,518)
Other income, net	(14,604)	(13,478)	(43,582)	(40,188)
Total nonoperating expense, net	12,526	3,511	31,387	15,747
Income Before Income Taxes	132,295	130,198	268,936	270,828
Income Tax Expense (Benefit)	7,686	16,358	(11,460)	18,876
Net income	124,609	113,840	280,396	251,952
Idaho Power Company
Regulated Operating Revenue
Electric utility revenues	523,549	527,487	1,405,173	1,425,606
Operating Expenses [Abstract]
Purchased power	121,276	114,578	284,163	321,860
Fuel expense	74,992	73,471	179,238	188,411
Power cost adjustment	(18,295)	20,779	57,967	102,297
Other operations and maintenance	120,398	116,168	355,371	332,900
Energy efficiency programs	7,460	5,283	18,808	16,699
Depreciation and amortization	64,493	56,388	185,407	165,133
Other electric utility operating expenses, net	8,112	7,453	24,053	12,482
Total electric utility operating expenses	378,436	394,120	1,105,007	1,139,782
Operating Income	145,113	133,367	300,166	285,824
Nonoperating (Income) Expense:
Allowance for equity funds used during construction	(15,569)	(15,179)	(45,177)	(39,610)
Earnings of unconsolidated equity-method investments	(996)	(841)	(2,150)	(1,936)
Interest on long-term debt and finance leases	46,244	35,432	128,733	102,048
Other interest	7,759	6,268	21,361	17,645
Allowance for borrowed funds used during construction	(9,207)	(7,639)	(26,075)	(20,518)
Other income, net	(12,595)	(12,207)	(37,563)	(37,469)
Total nonoperating expense, net	15,636	5,834	39,129	20,160
Income Before Income Taxes	129,477	127,533	261,037	265,664
Income Tax Expense (Benefit)	7,321	16,444	(12,084)	19,885
Net income	$ 122,156	$ 111,089	$ 273,121	$ 245,779

IDACORP INC 10-Q