U S Geothermal Inc was incorporated on March 10, 2000 in the State of Delaware. Through its subsidiary, the Company is engaged in the acquisition, development and utilization of geothermal resources in the Western Region of the United States of America. The Company currently constructs, manages and operates power plants that include, Raft River Unit I in Idaho and a plant located in the San Emidio Desert in Nevada. It also has several other properties under development or exploration. The actual output of the Raft River Unit I plant currently is approximately 10.0 megawatts. The electrical power generation industry, of which geothermal power is a sub-component, is competitive. It is subject to federal and state regulation in respect of the production, sale and distribution of electricity.