IDACORP, Inc. Announces First Quarter 2024 Results, Reaffirms 2024 Earnings Guidance
Transmission wheeling-related revenues, net of PCA impacts, decreased $2.8 million during the first quarter of 2024 compared with the first quarter of 2023.
- Transmission wheeling-related revenues, net of PCA impacts, decreased $2.8 million during the first quarter of 2024 compared with the first quarter of 2023.
- Depreciation expense increased $8.6 million during the first quarter of 2024 compared to the first quarter of 2023, due primarily to an increase in plant-in-service.
- Non-operating expense, net, increased $1.8 million in the first quarter of 2024 compared with the first quarter of 2023.
- IDACORP is reaffirming its earnings guidance estimate for 2024.