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 reduced costs, renewable energy, energy efficiency incentives and personal service. We can also help facilitate connections throughout the region to make you feel right at home.
Price Comparison
Small Industrial Billings for Selected American Cities
Monthly Cost for 1,000 kW and 400,000 kWhz
| City | Cost Per 1,000 kWh | Average Monthly Bill |
|---|---|---|
| Boise | $62.20 | $24,879 |
| Reno | $73.42 | $29,369 |
| Salt Lake City | $76.62 | $30,649 |
| Portland | $78.80 | $31,519 |
| Spokane | $85.31 | $34,125 |
| San Francisco | $139.84 | $55,935 |
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
For the past seven years, we’ve powered businesses for 40 percent less than the national average.
Renewable
About half of our energy portfolio comes from clean, reliable hydropower.
Reliable
We consistently score high in system reliability and maintain a steady focus on system performance.
Idaho Power’s 2017 Energy Portfolio
Did you know nearly 50 percent of Idaho Power’s energy came from clean, renewable hydroelectricity? The national average is just 7.5 percent, making it easy to see why Idaho Power is proud of its portfolio.
About our Long-term Purchases (LTP)
Idaho Power is committed to supporting renewable energy sources such as wind and solar, and we buy them as part of our portfolio mix. In turn, we sell the Renewable Energy Credits (RECs) we get from those purchases to offset power supply costs and keep customer prices as low as possible.
The buyer of the REC gets to claim that power as part of its energy. Therefore, we do not represent that electricity produced by this resource mix is being delivered to our retail customers. We do support these alternate energy sources, and we pass along that credit to the organizations that buy the RECs from us.
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
The New Construction program offers cash 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.
Retrofit
This program offers 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
Idaho Power offers a substation allowance 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 $64,386 per MW (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 Green Portfolio
We are a proud steward of the environment and committed to low-carbon energy. Clean hydroelectricity accounts for 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 like a dedicated customer representative team for prompt and effective 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.