UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM U-3A-2
STATEMENT BY HOLDING COMPANY CLAIMING EXEMPTION UNDER RULE U-3A-2
FROM THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
To Be Filed Annually Prior to March 1
IDACORP, Inc.
(Name of Company)
HEREBY FILES WITH THE SECURITIES AND EXCHANGE COMMISSION, PURSUANT TO
RULE 2, ITS STATEMENT CLAIMING EXEMPTION AS A HOLDING COMPANY FROM
THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935, AND
SUBMITS THE FOLLOWING INFORMATION:
1. NAME, STATE OF ORGANIZATION, LOCATION AND NATURE OF BUSINESS OF
CLAIMANT AND EVERY SUBSIDIARY THEREOF, OTHER THAN ANY EXEMPT
WHOLESALE GENERATOR (EWG) OR FOREIGN UTILITY COMPANY IN WHICH
CLAIMANT DIRECTLY OR INDIRECTLY HOLDS AN INTEREST, AS OF DECEMBER
31, 1999.
Name/ Location and
(State of Organization) Nature of Business
Claimant
IDACORP, Inc. Principal Executive
Office
(Idaho) located at 1221 W Idaho Street
Boise, Idaho 83702-5627
Holding Company
Subsidiaries of IDACORP, Inc.
Idaho Power Company Boise, Idaho
(Idaho) Electric Utility
Ida-West Energy Company Boise, Idaho
(Idaho) Electrical Generation
IDACORP Energy Solutions Co. Boise, Idaho
(Nevada) Marketing Company
IDACORP Energy Services Co. Boise, Idaho
(Nevada) Marketing Company
IDACORP Technologies Inc. Boise, Idaho
(Idaho) Research and Development
Subsidiaries of Idaho Power Company
Idaho Energy Resources Co. Boise, Idaho
(Wyoming) Coal Mining
Pathnet/Idaho Power Equipment,
LLC Boise, Idaho
(Idaho) Microwave Communications
Stellar Dynamics, Inc. Boise, Idaho
(Idaho) Control and Monitoring
Technologies
Applied Power Corporation Lacey, Washington
(Washington) Solar Energy Business
IDACORP Financial Services, Inc. Boise, Idaho
(Idaho) Non Utility Investments
Idaho Power Diversified
Enterprises Co. Boise, Idaho
(Idaho) Marketing Company
Idaho Power Resources
Corporation Boise, Idaho
(Idaho) Renewable Energy Resources
Subsidiaries of Ida-West Energy Company
Y-8 Power Company Boise, Idaho
(Idaho) Electrical Generation
Falls River Hydro Company Boise, Idaho
(Idaho) Electrical Generation
Hazelton Power Company Boise, Idaho
(Idaho) Electrical Generation
Wilson Power Company Boise, Idaho
(Idaho) Electrical Generation
I-W Land Company Boise, Idaho
(Idaho) Land Development for
Electrical Generation
Ida-West Operating Services, Inc. Boise, Idaho
(Idaho) Electrical Generation
South Forks Hydro Company Boise, Idaho
(Idaho) Electrical Generation
Ida-West Acquisition Company Boise, Idaho
(Idaho) Electrical Generation
Hermiston Power Company Boise, Idaho
(Oregon) Electrical Generation
Subsidiaries of IDACORP Energy Solutions Co.
IDACORP Retail Enterprises Co. Boise Idaho
(Idaho) Retail Marketing
2.A BRIEF DESCRIPTION OF THE PROPERTIES OF CLAIMANT AND EACH OF ITS
SUBSIDIARY PUBLIC UTILITY COMPANIES USED FOR THE GENERATION,
TRANSMISSION, AND DISTRIBUTION OF ELECTRIC ENERGY FOR SALE, OR FOR
THE PRODUCTION, TRANSMISSION, AND DISTRIBUTION OF NATURAL OR
MANUFACTURED GAS, INDICATING THE LOCATION OF PRINCIPAL GENERATING
PLANTS, TRANSMISSION LINES, PRODUCING FIELDS, GAS MANUFACTURING
PLANTS, AND ELECTRIC AND GAS DISTRIBUTION FACILITIES, INCLUDING
ALL SUCH PROPERTIES WHICH ARE OUTSIDE THE STATE IN WHICH CLAIMANT
AND ITS SUBSIDIARIES ARE ORGANIZED AND ALL TRANSMISSION OR
PIPELINES WHICH DELIVER OR RECEIVE ELECTRIC ENERGY OR GAS AT THE
BORDERS OF SUCH STATE.
IDACORP, Inc. (Company) owns no property used in the
generation, transmission, or distribution of electricity or for
the production, transmission and distribution of natural or
manufactured gas.
Idaho Power Company ("IPC") is an electric public utility
engaged in the generation, purchase, transmission, distribution
and sale of electric energy in an approximately 20,000-square-
mile area in southern Idaho, eastern Oregon and northern
Nevada, with an estimated population of 794,000. IDACORP, INc.
has no public utility subsidiaries that own properties used in the
production, transmission an distribution of natural or manufactured
gas. IPC is the only public utility subsidiary of IDACORP,
Inc. that owns properties used in the generation, transmission or
distribution of electric energy. IPC holds franchises in
approximately 72 cities in Idaho and ten cities in Oregon, and holds
certificates from the respective public utility regulatory
authorities to serve all or a portion of 28 counties in Idaho,
three counties in Oregon and one county in Nevada. As of
December 31, 1999, IPC supplied electric energy to over 384,000
retail customers and employed 1,720 people.
IPC's system includes 15 hydroelectric generating plants
located in southern Idaho and two located in eastern Oregon
(see Company's annual form 10-K file number 1-3198 for more
information). IPC also owns interest in three thermal
generating plants located in Wyoming, Oregon and Nevada respectively.
IPC owns approximately 4,656 miles of high voltage transmission
lines; 21 step-up transmission substations located at power
plants; 17 transmission substations; 7 transmission switching
stations; and 205 energized distribution substations. These
facilities are located in Idaho, Oregon, Wyoming, Nevada and
Montana.
IPC's generating facilities are interconnected through its
integrated transmission system and are operated on a
coordinated basis to achieve maximum load-carrying capability
and reliability. Through its connections with Bonneville
Power Administration (BPA), and other utilities, IPC has access
to all the major electric systems in the West.
3.THE FOLLOWING INFORMATION FOR THE LATEST CALENDAR YEAR (1999) WITH
RESPECT TO CLAIMANT AND EACH OF ITS SUBSIDIARY PUBLIC UTILITY
COMPANIES:
(A) NUMBER OF KWH OF ELECTRIC ENERGY SOLD (AT RETAIL
OR WHOLESALE), AND MCF. OF NATURAL OR
MANUFACTURED GAS DISTRIBUTED AT RETAIL.
(B) NUMBER OF KWH OF ELECTRIC ENERGY AND MCF. OF
NATURAL OR MANUFACTURED GAS DISTRIBUTED AT RETAIL
OUTSIDE THE STATE IN WHICH EACH SUCH COMPANY IS ORGANIZED.
(C) NUMBER OF KWH OF ELECTRIC ENERGY AND MCF. OF
NATURAL OR MANUFACTURED GAS SOLD AT WHOLESALE OUTSIDE
THE STATE IN WHICH EACH SUCH COMPANY IS ORGANIZED, OR AT THE
STATE LINE.
(D) NUMBER OF KWH OF ELECTRIC ENERGY AND MCF. OF
NATURAL OR MANUFACTURED GAS PURCHASED
OUTSIDE THE STATE IN WHICH EACH SUCH COMPANY IS ORGANIZED OR
AT THE STATE LINE.
Claimant: None
Idaho Power Company:
MWH DOLLARS
Retail Wholesale Retail Wholesale
(thousands of MWH) (thousands of Dollars)
(a) Number of MWH of
electricity
energy sold:
Idaho 13,078 4,506 $480,291 $113,246
Oregon 638 4,976 24,834 139,682
Nevada 50 1,325 1,749 37,726
Arizona 2,542 95,604
California 284 9,608
Colorado 79 2,563
Montana 80 1,960
New Mexico 535 14,452
Utah 285 7,553
Washington 5,635 121,498
Wyoming 110 2,980
(b) Number of MWH of electric
energy distributed at retail
outside the state 688 (see (a) above)
(c) Number of MWH of electric
energy sold at wholesale
outside the state or at
the state line 15,851 (see (a) above)
(d) Number of MWH of
electric energy MWH Purchases Dollars Purchased
purchased outside (thousands of MWH) (thousands of Dollars)
the state or at
the state line:
Idaho 2,615 $ 84,569
Oregon 4,264 129,786
Nevada 848 23,739
Arizona 2,595 98,080
California 151 5,704
Colorado 56 890
Montana 336 7,283
New Mexico 497 13,432
Utah 443 9,498
Washington 5,673 122,912
Wyoming 118 2,387
Other 1 370
4. THE FOLLOWING INFORMATION FOR THE REPORTING PERIOD WITH
RESPECT TO CLAIMANT AND EACH INTEREST IT HOLDS DIRECTLY OR
INDIRECTLY IN AN EWG OR A FOREIGN UTILITY COMPANY, STATING
MONETARY AMOUNTS IN UNITED STATES DOLLARS:
(A) NAME, LOCATION, BUSINESS ADDRESS AND DESCRIPTION
OF THE FACILITIES USED BY THE EWG OR FOREIGN UTILITY
COMPANY FOR THE GENERATION, TRANSMISSION AND
DISTRICUTION OF ELECTRIC ENERGY FOR SALE OR FOR THE
DISTRIBUTION AT RETAIL OF NATURAL OR MANUFACTURED
GAS.
(B) NAME OF EACH SYSTEM COMPANY THAT HOLDS AN INTEREST
IN SUCH EWG OR FOREIGN UTILITY COMPANY, AND DESCRIPTION
OF THE INTEREST HELD.
(C) TYPE AND AMOUNT OF CAPITAL INVESTED, DIRECTLY OR
INDIRECTLY, BY THE HOLDING COMPANY CLAIMING EXEMPTION;
ANY DIRECT OR INDIRECT GUARANTEE OF THE SECURITY OF THE
EWG OR FOREIGN UTILITY COMPANY BY THE HOLDING COMPANY
CLAIMING EXEMPTION; AND ANY DEBT OR OTHER FINANCIAL
OBLIGATION FOR WHICH THERE IS RECOURSE, DIRECTLY OR
INDIRECTLY, TO THE HOLDING COMPANY CLAIMING EXEMPTION
OR ANOTHER SYSTEM COMPANY, OTHER THAN THE EWG OR
FOREIGN UTILITY COMPANY.
(D) CAPITALIZATION AND EARNINGS OF THE EWG OR FOREIGN
UTILITY COMPANY DURING THE REPORTING PERIOD.
(E) IDENTIFY ANY SERVICE, SALES OR CONSTRUCTION
CONTRACT(S) BETWEEN THE EWG OR FOREIGN UTILITY COMPANY
AND A SYSTEM COMPANY, AND DESCRIBE THE SERVICES TO BE
RENDERED OR GOODS SOLD AND FEES OR REVENUES UNDER SUCH
AGREEMENT(S).
None
EXHIBIT A
FINANCIAL STATEMENTS
Exhibit
Number Description of Exhibit
99.(A) Consolidating statements of income and retained
earnings for the calendar year 1999 together with the
consolidating balance sheets as of December 31, 1999
for IDACORP, Inc., Idaho Power Company, Ida-West
Energy Company, IDACORP Energy Solutions Co. and their
respective subsidiaries.
Pre-tax non-utility income of Idaho Power Company
subsidiaries is included in Other Income on the Income
Statement.
EXHIBIT B
FINANCIAL DATA SCHEDULE
Exhibit No.
27 Financial Data Schedule for IDACORP, Inc.
EXHIBIT C
ORGANIZATIONAL CHART SHOWING RELATIONSHIP OF EACH EWG OR
FOREIGN UTILITY
None.
SIGNATURES
The above-named claimant has caused this statement to be
duly executed on its behalf by its authorized officer on the
31st day of March, 2000.
IDACORP, Inc.
By: /s/ J. LaMont Keen
J. LaMont Keen
Senior Vice President
Administration and
Chief Financial Officer
(Corporate Seal)
By: /s/ Darrel T. Anderson
Darrel T. Anderson
Vice President Finance
and Treasurer
Attest:
By /s/ Robert W. Stahman
Robert W. Stahman
Vice President, General
Counsel and Secretary
Name, title and address of officer to whom notices and
correspondence concerning this statement should be
addressed:
Darrel T. Anderson
Vice President Finance
and Treasurer
P.O. Box 70
Boise, Idaho 83707
(208) 388-2650
EXHIBIT INDEX
Description of Exhibits
Exhibit
Number
27 Financial Data Schedule for IDACORP, INC.
99.(A) Consolidating statements of income and retained
earnings for the calendar year 1999 together with the
consolidating balance sheets as of December 31, 1999
for IDACORP, Inc., Idaho Power Company, Ida-West
Energy Company, IDACORP Energy Solutions Co. and their
respective subsidiaries.
Pre-tax non-utility income of Idaho Power Company
subsidiaries is included in Other Income on the Income
Statement.
The Company is requesting confidentiality for the financial
statements ended December 31, 1999 of this U-3A-2 filing.
This request is being made pursuant to Section 22B of the
Public Utility Holding Company Act of 1935 and Rule 104
thereunder.
<TABLE> <S> <C>
<ARTICLE> OPUR3
<CIK> 0001057877
<NAME> IDACORP, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-ASSETS> 2,636,993
<TOTAL-OPERATING-REVENUES> 658,336
<NET-INCOME> 91,349
</TABLE>
