Exhibit 15.1



May 18, 2001

IDACORP, Inc.
Boise, Idaho

We have made a review, in accordance with standards established by the American
Institute of Certified Public Accountants, of the unaudited interim financial
information of IDACORP, Inc. and subsidiaries and Idaho Power Company and
subsidiaries for the periods ended March 31, 2001 and 2000, as indicated in our
reports dated May 3, 2001; because we did not perform audits, we expressed no
opinion on that information.

We are aware that our reports referred to above, which are included in your
Quarterly Report on Form 10- Q for the quarter ended March 31, 2001, are
incorporated by reference in IDACORP, Inc.'s Amendment No. 1 to Registration
Statement No. 333-57422 on Form S-4.

We also are aware that the aforementioned reports, pursuant to Rule 436(c) under
the Securities Act of 1933, are not considered a part of the Registration
Statement prepared or certified by an accountant or a report prepared or
certified by an accountant within the meaning of Section 7 and 11 of that Act.

/s/ Deloitte & Touche, LLP

DELOITTE & TOUCHE, LLP
Boise, Idaho