Idaho Power Co, established in 1916 and headquartered in Boise, Idaho, is a regulated electric utility dedicated to providing reliable and affordable energy to customers in the state. The company primarily generates, transmits, and distributes electricity, serving approximately 600,000 customers across southern Idaho and eastern Oregon. Key services include residential, commercial, and industrial energy solutions, along with renewable energy options aimed at promoting sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| IDA 4.00% 2043-04-01 USDIdaho Power Co | United States | 2043-04-01 | 4.000 | 6.10 |
| IDA 4.05% 2046-03-01 USDIdaho Power Co | United States | 2046-03-01 | 4.050 | 6.14 |
| IDA 4.20% 2048-03-01 USDIdaho Power Co | United States | 2048-03-01 | 4.200 | 5.77 |
| IDA 4.85% 2040-08-15 USDIdaho Power Co | United States | 2040-08-15 | 4.850 | 5.77 |
| IDA 5.20% 2034-08-15 USDIdaho Power Co | United States | 2034-08-15 | 5.200 | 4.90 |
| IDA 5.30% 2035-08-15 USDIdaho Power Co | United States | 2035-08-15 | 5.300 | 5.38 |
| IDA 5.50% 2034-03-15 USDIdaho Power Co | United States | 2034-03-15 | 5.500 | 5.71 |
| IDA 5.50% 2053-03-15 USDIdaho Power Co | United States | 2053-03-15 | 5.500 | 5.84 |
| IDA 5.70% 2055-03-15 USDIdaho Power Co | United States | 2055-03-15 | 5.700 | 5.91 |
| IDA 5.80% 2054-04-01 USDIdaho Power Co | United States | 2054-04-01 | 5.800 | 5.84 |
| IDA 5.88% 2034-08-15 USDIdaho Power Co | United States | 2034-08-15 | 5.875 | 5.56 |
| IDA 6.00% 2032-11-15 USDIdaho Power Co | United States | 2032-11-15 | 6.000 | 5.33 |
| IDA 6.30% 2037-06-15 USDIdaho Power Co | United States | 2037-06-15 | 6.300 | 5.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Idaho Power has a history of strategic bond issuances, with its first bonds dating back to the 1920s to finance infrastructure improvements. Notable recent issuances include a $300 million bond in 2022 to fund grid enhancements and expansion efforts, reflecting the company's commitment to modernizing its electrical system. Current yields on Idaho Power's bonds are competitive within the utility sector, offering investors stability and potential income. The company also features hybrid bonds, appealing to a broader range of fixed-income investors. Recent credit ratings have maintained stability due to strong operational performance and prudent financial management, making its bond offerings an attractive option in the market.