Exhibit 12(a)

IDACORP, Inc.
Consolidated Financial Information
Supplemental Ratio of Earnings to Fixed Charges

						Twelve Months Ended
				Three		December 31,
				Months Ended		(Thousands of Dollars)
				March 31,
				2007		2006	2005		2004		2003		2002
Earnings, as defined:
	Income from continuing operations
		before income taxes	$	29,478	$	115.452	$	103,327	$	60,830	$	31,063	$	22,036
	Adjust for distributed income of equity			1,326		(9,347)
		investees						(10,370)		1,990		(2,136)		(2,544)
	Equity in loss of equity method
		investments		-		-		-		-		-		-
	Minority interest in losses of majority
		owned subsidiaries		-		-		-		(48)		(435)		(211)
	Supplemental fixed charges, as below			17,327		67,521		65,991		67,654		69,679		64,257
		Total earnings, as defined	$	48,131	$	173,626	$	158,948	$	130,426	$	98,171	$	83,538
Fixed charges, as defined:
	Interest charges		$	16,691	$	64,720	$	62,962	$	61,269	$	64,813	$	60,031
	Preferred stock dividends of
		subsidiaries - gross up -
		IDACORP rate		-		-		-		3,216		1,915		857
	Rental interest factor			202		1,025		1,417		1,652		1,406		1,770
		Total fixed charges	$	16,893	$	65,745	$	64,379	$	66,137	$	68,134	$	62,658
	Supplemental increment to fixed
		charges *		434		1,776		1,612		1,517		1,545		1,599
		Total supplemental fixed charges	$	17,327	$	67,521	$	65,991	$	67,654	$	69,679	$	64,257
Supplemental ratio of earnings to fixed
	Charges			2.78x		2.57x		2.41x		1.93x		1.41x		1.30x

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