Risk Factors Update Summary
- Idaho Power filed a general rate case in Oregon and intends to file in Idaho, potentially impacting rates.
- Power cost adjustment mechanisms may not fully recover costs, affecting operating cash flow and liquidity.
- Idaho Power's usage per customer declined from 929 kWh in 2022 to 922 kWh in 2023.
- Idaho Power plans to convert coal-fired units at the Jim Bridger plant by 2030.
- Idaho Power recorded losses on economic hedges of $16 million in 2023, compared to gains in 2022.
- Idaho Power's market price volatility may be influenced by various factors, including operating results.
- Idaho Power's charter and bylaws, along with Idaho law, could delay or prevent a change in control.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1057877&owner=exclude
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