$IDA vs $LNT: Weighing Growth Paths and Risks in Two Regulated Utilities Both IDA and LNT are regulated utilities, but IDA focuses on hydro-heavy electric service in Idaho and Oregon, while LNT runs a diversified electric and natural gas operation across Iowa and Wisconsin. LNT has a more prominent growth driver in contracted data-center load of about 3.4 gigawatts, whereas IDA draws strength from steady customer expansion and significant industrial demand in its territory. IDA shows a stronger absolute earnings profile and recently lifted its 2026 earnings guidance, while LNT reaffirmed its outlook and aims for 5–7% long-term earnings growth. On dividends, LNT currently provides a modestly higher yield due to its lower share price, while IDA maintains a longer track record of consistent payout increases. Risk profiles vary: IDA faces exposure to regional hydro conditions and wildfire mitigation expenses, while LNT contends with elevated leverage and notable equity issuance requirements ahead.