Idaho · Investor Owned
Idaho Power Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 11.76¢
- Avg residential price / kWh
- 525.8K
- Residential customers
- +1.1%
- vs Idaho average
- $1,292
- Implied avg annual bill
Idaho Power Co charged an average of 11.76¢ per kWh to residential customers in 2024 - close to the Idaho average and far below the US average.
Idaho Power Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Idaho customer-weighted average (+1.1%). Its customers used near the national residential norm at about 10,988 kWh a year each.
How this price compares
Ranked by price against the 14 utilities reporting residential rates in Idaho, Idaho Power Co comes 11th of 14. The state's range runs from Lower Valley Energy Inc at 7.23¢ to Sunnova at 24.58¢, so where a household sits inside Idaho depends far more on which utility serves it than on the statewide average alone.
Against the 2 other investor owned utilities reporting in Idaho, which averaged 11.86¢, Idaho Power Co is close to its own ownership class within the state (-0.9%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 14 reporting utilities.
Where Idaho Power Co sits among Idaho utilities
2024 average residential price across the 14 utilities reporting a rate in Idaho
11.76¢/kWh 23rd affordability percentile More affordable than 23% of 13 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Idaho Power Co | 11.76¢ | - |
| Idaho (customer-weighted, 14 utilities) | 11.63¢ | +1.1% |
| United States average | 16.48¢ | -28.6% |
| Investor Owned utilities nationally (183) | 17.36¢ | -32.3% |
Rate against consumption: Idaho utilities
Scale and consumption
Idaho Power Co reported 525.8K residential customers, ranking 1st of 14 utilities in Idaho by customers served and covering 63.1% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 10,988 kWh per customer per year - near the national residential norm, implying a typical annual bill near $1,292.
Within Idaho the median reporting utility sells about 13,569 kWh per customer, so Idaho Power Co customers use -19.0% against their own state's middle. Consumption this light usually tracks denser housing, gas heating or a milder service territory, which softens the bill impact of a high per-kWh price.
Every utility reporting in Idaho
All 14 utilities reporting bundled residential service in Idaho, largest first, with Idaho Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Idaho Power Co (this page) | Investor Owned | 525.8K | 11.76¢ |
| Avista Corp | Investor Owned | 128.2K | 11.62¢ |
| PacifiCorp | Investor Owned | 74.2K | 12.11¢ |
| Kootenai Electric Cooperative | Cooperative | 30.4K | 12.21¢ |
| City of Idaho Falls - (ID) | Municipal | 28.1K | 9.25¢ |
| Northern Lights, Inc | Cooperative | 18.5K | 11.49¢ |
| Fall River Rural Elec Coop Inc | Cooperative | 15.4K | 11.11¢ |
| United Electric Co-op, Inc - (ID) | Cooperative | 5.1K | 7.89¢ |
| Salmon River Electric Coop Inc | Cooperative | 2.4K | 9.00¢ |
| Inland Power & Light Company | Cooperative | 2.1K | 8.92¢ |
| Lower Valley Energy Inc | Cooperative | 1.6K | 7.23¢ |
| Raft Rural Elec Coop Inc | Cooperative | 1.4K | 9.18¢ |
| Missoula Electric Coop, Inc | Cooperative | 46 | 10.00¢ |
| Sunnova | Behind the Meter | 5 | 24.58¢ |
For generation mix and price history statewide, see electricity rates in Idaho.
Common questions about Idaho Power Co rates
- How much does Idaho Power Co charge per kWh?
- Idaho Power Co reported an average residential price of 11.76¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Idaho Power Co expensive compared with the rest of Idaho?
- Its average residential price is close to the Idaho customer-weighted average of 11.63¢ per kWh, a difference of +1.1%. The state figure is weighted by customers across the 14 utilities reporting residential service in Idaho.
- What is the average electricity bill for Idaho Power Co customers?
- Dividing reported residential sales by residential customers gives about 10,988 kWh per customer per year. At the reported average price that implies roughly $1,292 a year, or about $108 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Idaho Power Co?
- EIA classifies Idaho Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.