SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) November
13, 2003
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Exact name of registrants as specified in |
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Commission |
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their charters, address of principal executive |
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IRS Employer |
File Number |
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offices and registrants' telephone number |
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Identification Number |
1-14465 |
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IDACORP, Inc. |
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82-0505802 |
1-3198 |
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Idaho Power Company |
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82-0130980 |
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1221 W. Idaho Street |
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Boise, ID 83702-5627 |
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(208) 388-2200 |
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State or Other Jurisdiction of Incorporation: Idaho |
None |
Former name or former address, if changed since last report. |
IDACORP, Inc.
IDAHO POWER COMPANY
Form 8-K
Item 5. Other Events And Regulation FD Disclosure
On November 13, 2003, Idaho Power Company (IPC) received
notice from the Idaho Public Utilities Commission that they denied IPC 's
request for Interim Rate Relief. A copy
of the press release is filed as Exhibit 99.
Certain statements contained in this current report on Form
8-K, including statements with respect to future earnings, ongoing operations,
and financial conditions, are "forward-looking statements" within the
meaning of federal securities laws.
Although the companies believe that the expectations and assumptions
reflected in these forward-looking statements are reasonable, these statements
involve a number of risks and uncertainties, and actual results may differ
materially from the results discussed in the statements. Important factors that could cause actual
results to differ materially from the forward-looking statements include:
changes in governmental policies and regulatory actions, including those of the
FERC, the Idaho Public Utilities Commission and the Oregon Public Utility
Commission, with respect to allowed rates of return, industry and rate
structure, acquisition and disposal of assets and facilities, operation and
construction of plant facilities, recovery of purchased power and other capital
investments, and present or prospective wholesale and retail competition
(including but not limited to retail wheeling and transmission costs) and other
refund proceedings; litigation resulting from the energy situation in the
western United States; economic, geographic and political factors and risks;
changes in and compliance with environmental and safety laws and policies;
weather variations affecting customer energy usage; operating performance of
plants and other facilities; system conditions and operating costs; population
growth rates and demographic patterns; pricing and transportation of
commodities; market demand and prices for energy, including structural market
changes; changes in capacity and fuel availability and prices; changes in tax
rates or policies, interest rates or rates of inflation; changes in actuarial
assumptions; adoption of or changes in critical accounting policies or
estimates; exposure to operational, market and credit risk in energy trading
and marketing operations; changes in operating expenses and capital
expenditures; capital market conditions; rating actions by Moody's, Standard
& Poor's and Fitch; competition for new energy development opportunities;
results of financing efforts, including the ability to obtain financing on
favorable terms, which can be affected by various factors, including credit
ratings and general economic conditions; natural disasters, acts of war or
terrorism; increasing health care costs and the resulting effect on health
insurance premiums paid for employees and on the obligation to provide post
retirement health care benefits; increasing costs of insurance, changes in
coverage terms and the ability to obtain insurance; legal and administrative
proceedings (whether civil or criminal) and settlements that influence business
and profitability; and new accounting or Securities and Exchange Commission
requirements, or new interpretation or application of existing
requirements. Any such forward-looking
statements should be considered in light of such factors and others noted in
the companies' Form 10-K for the year 2002, the Quarterly Reports on Form 10-Q
for the quarters ended March 31, June 30, and September 30, 2003 and other
reports on file with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrants have duly caused this report to be signed on their
behalf by the undersigned hereunto duly authorized.
Dated: November 14, 2003
IDACORP, Inc.
By:/s/Darrel
T. Anderson
Darrel T. Anderson
Vice President, Chief Financial
Officer and Treasurer
IDAHO POWER COMPANY
By:/s/Darrel
T. Anderson
Darrel T. Anderson
Vice President, Chief Financial
Officer and Treasurer
Exhibit Index
Exhibit Number Exhibit
99 Press Release by IDACORP dated
November 13, 2003.