IDACORP(US:IDA)2024-05-04 15:16Financial Performance - IDACORP's net income for the three months ended March 31, 2024, was $48173 thousand, compared to $56098 thousand for the same period in 2023[6] - Diluted earnings per share were $095 for the three months ended March 31, 2024, compared to $111 for the same period in 2023[6] - Net cash provided by operating activities was $1097 million, compared to $(904) million in the previous year[28] Growth and Customer Base - Idaho Power's customer growth is projected at 46% for 2024 and 36% for 2025[10] - Since the last Oregon general rate case filed in 2011, there has been an approximately 8% increase in customers[12] Regulatory and Rate Cases - Filed with the OPUC on December 15, 2023, targeting a 1928% overall average customer rate increase ($107 million in Oregon-Jurisdiction revenues)[9] - Oregon retail rate base of approximately $1889 million with a 7807% rate of return[9] Capital Expenditures and Investments - Idaho Power's capital expenditures, excluding Allowance for Funds Used During Construction, are projected to be between $925 million and $975 million[40] - Approximately $69 million of net additional infrastructure investments since the last Oregon general rate case filed in 2011[12] Wildfire Risk Mitigation - Only 11% of transmission lines and 8% of distribution lines are in wildfire risk zones within the 24000 square mile service area[24]