Ex12g
                               Idaho Power Company
                       Consolidated Financial Information
Supplemental Ratio of Earnings to Combined Fixed Charges and Preferred Dividends Requirements


                                                                                                    Twelve Months
                                            Twelve Months Ended December 31,                            Ended
                                                 (Thousands of Dollars)                               June 30,
                                          1996         1997         1998       1999        2000          2001
                                                                                 
Earnings, as defined:
  Income from continuing operations
  before  income taxes               $ 142,710   $  135,908    $ 133,021   $ 119,872   $ 128,139   $    93,529
  Adjust for distributed income of
  equity investees                      (1,413)      (3,943)      (4,697)       (837)     (3,116)        3,930
  Equity in loss of equity method
  investments                                0            0          476           0           0             0
  Minority interest in losses of
  majority owned subsidiaries                0            0         (125)          0           0             0
  Supplemental fixed charges and
  preferred dividends, as below         60,939       64,317       63,967      65,526      61,372        65,031

     Total earnings, as defined      $ 202,236   $  196,282    $ 192,642   $ 184,561   $ 186,395   $   162,490

Fixed charges, as defined:
  Interest charges                   $  57,348   $   60,761    $  60,593   $  62,014   $  57,797   $    62,041
  Rental interest factor                   991          982          801         955       1,036         1,070
     Total fixed charges                58,339       61,743       61,394      62,969      58,833        63,111
  Supplemental increment to fixed
  charges*                               2,600        2,574        2,573       2,557       2,539         1,920


  Supplemental fixed charges            60,939       64,317       63,967      65,526      61,372        65,031
  Preferred stock dividends-gross
  up Idaho Power rate                   12,146        7,803        8,275       8,133       9,564         9,323

     Total combined supplemental
     fixed charges and preferred
     dividends                       $  73,085   $   72,120    $  72,242   $  73,659   $  70,936   $    74,354

Supplemental ratio of earnings to
combined fixed charges and
preferred dividends                      2.77x        2.72x        2.67x       2.51x       2.63x         2.19x

*Explanation of increment - Interest on the guaranty of American Falls
      Reservoir District bonds and Milner Dam, Inc. notes which are
      already included in operation expenses.