File No.
__________
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, 2003.
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Name/ |
Location and |
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(State of Organization) |
Nature of Business |
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IDACORP, Inc. |
Principal Executive Office |
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(Idaho) |
located at 1221 W Idaho Street |
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Boise, Idaho 83702-5627 |
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|
Holding Company |
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Subsidiaries of IDACORP, Inc. |
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Idaho Power Company |
Boise, Idaho |
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(Idaho) |
Electric Utility |
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Ida-West Energy Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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IDACORP Services Co. |
Boise, Idaho |
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(Nevada) |
Marketing Company |
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IDACORP Energy Services Co. |
Boise, Idaho |
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(Nevada) |
Marketing Company |
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IDACORP Technologies Inc. |
Boise, Idaho |
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(Idaho) |
Research and Development |
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Idaho Solar Power, LLC |
Boise, Idaho |
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(Washington) |
Solar Energy |
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IDACORP Financial Services, Inc. |
Boise, Idaho |
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(Idaho) |
Non-Utility Investments |
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IDACOMM, Inc. |
Boise, Idaho |
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(Idaho) |
Broadband Service Provider |
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RMC Holdings, Inc. |
Boise, Idaho |
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(Idaho) |
Internet Service Provider |
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Subsidiaries of Idaho Power Company |
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Idaho Energy Resources Co. |
Boise, Idaho |
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(Wyoming) |
Coal Mining |
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Pathnet/Idaho Power Equipment, LLC |
Boise, Idaho |
|
(Delaware) |
Microwave Communications |
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Subsidiaries of Ida-West Energy Company |
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Y-8 Power Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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Falls River Hydro Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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Hazelton Power Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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Wilson Power Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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I-W Land Company |
Boise, Idaho |
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(Idaho) |
Land Development for Electrical Generation |
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Ida-West Operating Services, Inc. |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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South Forks Hydro Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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Ida-West Acquisition Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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Hermiston Power Company |
Boise, Idaho |
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(Oregon) |
Electrical Generation |
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Garnet Power Company |
Boise, Idaho |
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(Idaho) |
Electrical Generation |
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Subsidiaries of IDACORP Energy Services, Co. |
|
|
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IDACORP Energy LP |
Boise Idaho |
|
(Delaware) |
Energy Marketing |
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|
|
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Equigy Development, LP |
Denver, Colorado |
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(Delaware) |
Natural Gas Marketing |
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|
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Subsidiaries of IDACORP Technologies, Inc. |
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|
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IdaTech, LLC |
Bend, Oregon |
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(Oregon) |
Fuel Cell Research and Development |
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Subsidiaries of RMC Holdings, Inc. |
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Velocitus, Inc. |
Boise, Idaho |
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(Idaho) |
Internet Service Provider |
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Subsidiaries of IDACOMM, Inc. |
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|
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IDACOMM Services |
Boise, Idaho |
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(Idaho) |
Broadband Services |
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|
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. IDACORP, Inc. has no
public utility subsidiaries that own properties used in 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 and eastern Oregon,
with an estimated population of 883,000.
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 71 cities in Idaho and nine cities in Oregon, and holds
certificates from the respective public utility regulatory authorities to serve
all or a portion of 25 counties in Idaho and three counties in Oregon. As of December 31, 2003, IPC supplied
electric energy to approximately 427,000 general business customers and had
1,713 full-time employees.
IPC's system includes 15
hydroelectric generating plants located in southern Idaho and two located in
eastern Oregon (see Company's Annual Report on Form 10-K file number 1-3198 for
more information). IPC also owns one
gas-fired plant located in Idaho and shares ownership in three coal-fired
generating plants located in Wyoming, Oregon and Nevada.
IPC owns approximately 4,655
miles of high voltage transmission lines; 22 step-up transmission substations
located at power plants; 18 transmission substations; 7 transmission switching
stations; and 208 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 the Bonneville Power Administration, and other utilities, IPC
has access to all the major electric systems in the West.
3. THE FOLLOWING INFORMATION FOR THE LAST
CALENDAR YEAR (2003) 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:
|
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MWh |
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Retail |
|
Wholesale |
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(thousands of MWh) |
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(a) |
Number of MWH of electricity energy sold: |
||||||
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|
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Idaho |
12,351 |
555 |
|||
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Oregon |
629 |
322 |
|||
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Nevada |
|
136 |
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Wyoming |
|
18 |
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Montana |
|
72 |
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New Mexico |
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2 |
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Utah |
|
30 |
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Washington |
|
693 |
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Arizona |
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1 |
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(b) |
Number of MWH of electric energy distributed |
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|
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at retail outside the state |
629 (see (a) above) |
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(c) |
Number of MWH of electric energy sold at |
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||||
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wholesale outside the state or at the state line |
1,274 (see (a) above) |
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(d) |
Number of MWH of electric energy purchased |
MWh Purchases |
|||||
|
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outside the state or at the state line: |
(thousands of MWh) |
|||||
|
|
|
Idaho |
|
535 |
|||
|
|
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Oregon |
|
1,003 |
|||
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Montana |
|
169 |
|||
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Nevada |
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(60) |
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New Mexico |
|
23 |
|||
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Washington |
|
1,487 |
|||
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Wyoming |
|
(9) |
|||
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Arizona |
|
8 |
|||
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Utah |
|
33 |
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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 DISTRIBUTION 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
Description of Exhibit
Consolidating
statements of income and retained earnings for the calendar year 2003 together
with the consolidating balance sheets as of December 31, 2003 for IDACORP,
Inc., Idaho Power Company, Ida-West Energy Company, IDACORP Energy Services
Co., IDACORP Technologies, Inc., IDACOMM, Inc., RMC Holdings, Inc. and their
respective subsidiaries.
EXHIBIT B
ORGANIZATIONAL
CHART SHOWING RELATIONSHIP OF EACH EWG OR FOREIGN UTILITY COMPANY TO ASSOCIATE
COMPANIES IN THE HOLDING COMPANY SYSTEM.
None.
SIGNATURES
The above-named claimant has
caused this statement to be duly executed on its behalf by its authorized
officers on the 22nd day of March 2004.
IDACORP, Inc.
By: /s/ Jan B. Packwood
Jan B. Packwood
President and Chief
Executive Officer and Director
(Corporate Seal)
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, Chief Financial
Officer and Treasurer
P.O. Box 70
Boise, Idaho 83707
(208) 388-2650
EXHIBIT INDEX
Description of Exhibits
Consolidating statements of income and retained earnings for
the calendar year 2003 together with the consolidating balance sheets as of
December 31, 2003 for IDACORP, Inc., Idaho Power Company, Ida-West Energy
Company, IDACORP Energy Services Co., IDACORP Technologies, Inc., RMC Holding,
Inc. IDACOMM, Inc., and their respective subsidiaries.
THE COMPANY IS
REQUESTING CONFIDENTIALITY FOR THE FINANCIAL STATEMENTS ENDED DECEMBER 31, 2003
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.