Economic Development
Powering Idaho’s Economy
Since 1916, Idaho Power has been a trusted ally to business and residential customers. If you are looking to relocate or expand your business in Idaho or eastern Oregon, our team is ready to help. We offer affordable prices, clean energy, energy efficiency incentives and personal service. We can also help facilitate connections throughout the region to make you feel right at home.
Clean Today. Cleaner Tomorrow.™
Idaho Power recently launched a goal to provide 100 percent clean energy by 2045. In addition to its hydropower facilities, which typically meet almost half its customers’ energy demands, Idaho Power plans additional investments in wind, solar and other clean sources.
Price Comparison
Small Industrial Billings for Selected American Cities
Monthly Cost for 1,000 kW and 400,000 kWh
| City | Cost per kWH | Average Monthly Bill |
|---|---|---|
| Boise | $0.071 | $28,418 |
| Reno | $0.119 | $47,531 |
| Salt Lake City | $0.089 | $35,624 |
| Portland | $0.079 | $31,610 |
| Spokane | $0.089 | $35,545 |
| San Francisco | $0.210 | $84,066 |
Idaho Business Prices
Find details about the prices you pay for electricity for your Idaho business.
Oregon Business Prices
Find details about the prices you pay for electricity for your Oregon business.
National Price Rankings
Compare the monthly cost for electricity from more than 150 investor-owned utilities.
Low Cost
We power businesses for nearly 30 percent less than the national average.
Clean
About half of our energy portfolio comes from clean, reliable hydropower.
Reliable
We maintain high system reliability and a steady focus on system performance.
Idaho Power’s 2018 Energy Mix
Did you know nearly 50 percent of Idaho Power’s energy came from clean hydroelectricity? The national average is just 7 percent, making it easy to see why Idaho Power is proud of its portfolio.
Customer Satisfaction
Our customers matter to us. No matter what your energy needs are, Idaho Power strives to create a positive customer experience — and our efforts have been recognized with some of the highest customer satisfaction scores in our industry.
Incentives for Your Business
New Construction
Incentives designed to help cover a portion of the costs of designing and building energy efficient features into a commercial or industrial construction project. New construction, major renovations, additions or expansions and change-of-space type are all eligible.
Retrofits
Incentives for customers upgrading equipment in existing facilities. Examples include lighting, HVAC/controls, food service equipment and building shell. If your business is looking to upgrade to more energy-efficient equipment, contact us to see which options are right for you.
Substation Allowance
Substation allowances are available for large commercial and industrial customers who install new or upgraded transformer capacity in our substation facilities. The allowance is determined by multiplying the customer’s actual increase in load by $69,397 per MW in Idaho or $72,559 per MW in Oregon (not to exceed the actual cost of the Substation Facilities).
Why Choose Idaho Power
Low Prices
Year after year, Idaho Power prices consistently rank among the lowest in the country for commercial and industrial customers.
A Diverse and Clean Portfolio
We are a proud steward of the environment and committed to low-carbon energy. Clean hydroelectricity accounts for nearly 50 percent of the energy we provide. We also offer additional green-energy solutions for more renewable, carbon-free electricity.
Saving You Money
We’re here to help by serving as your trusted energy advisor. We provide options so you control how much energy you use, and we offer cash incentives for energy-efficient technologies on new construction, major renovations, additions and expansions.
Reliable and Personal Service
We work to modernize and strengthen the grid every day to ensure your operations run smoothly. We’re large enough to power over a half-million customers, but we still offer personalized services for prompt and reliable service. As your trusted energy advisor, Idaho Power will partner with you to meet your long-term energy needs.
Contact Us
Interested in learning more about how Idaho Power can serve your energy needs? We have a dedicated team of experts that can advise you on the specifics of your project. Call us at 208-388-2606, or complete the form below.