Tag Archives: IDA

US Geothermal (HTM) Gets 25MW Geothermal PPA With Idacorp (IDA)

U.S. Geothermal (HTM) announced this morning that its subsidiary USG Oregon LLC has signed a 25 year power purchase agreement (“PPA”) with Idaho Power, a subsidiary of Idacorp (IDA) for the sale of up to 25MW from their Neal Hot Springs project in Oregon.   Surprisingly, the stock didn’t move at all on the news, but it could very well move once the PPA is approved by the Idaho Public Utilities Commission in the … Read the rest

Idaho Power (IDA) Signs Deal To Buy Smart Meters For Residential Customers

IDACORP’s public utility Idaho Power just announced that is has signed a $10 million deal with Landis+Gyer to purchase 450,000 of their residential smart meters. The meters have several advantages over traditional meters: they can track usage and help utilities plan ahead, they allow utilities to charge more during peak hours of use and less during off-peak hours, they allow customers to sell power they generate back to the utilities, and they don’t require a … Read the rest