Our Economic Development Team

Idaho Power has been a trusted advisor to business customers since 1916. If you are looking to relocate or expand your business in Idaho or eastern Oregon, our team is ready to help. We offer safe, reliable, affordable energy and cash incentives to help you manage your energy use. We can help facilitate connections throughout the region to make you feel right at home. We also work closely with community leaders and organizations to build and maintain lasting, strategic relationships in our communities.

Economic Development Team

Contact our team at 208-388-2606 or econdev@idahopower.com.

Additional Business Resources

We power businesses for nearly 30% below than the national average.

We have options to develop a custom renewable energy supply portfolio to meet your business needs.

We offer incentives to help pay for energy efficient features of commercial or industrial construction projects.

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. This allowance is available to Schedule 19 Large Power Service using 1 to 20 megawatts (MW) in both our Idaho and Oregon service area.

How does it work?

The maximum possible allowance is determined by multiplying the customer’s actual increase in load by $99,826 per MW (not to exceed the actual cost of the substation facilities). For example, a 10 MW project in Idaho or Oregon would result in a substation allowance customer benefit of $998,260.

The substation allowance will be refunded to the customer over a five-year period.