Exhibit 12.6
Idaho Power Company
Consolidated Financial Information
Supplemental Ratio of Earnings to Fixed Charges
	Six Months		Twelve Months Ended
	Ended		December 31,
	June 30,		(Thousands of Dollars)
	2008		2007		2006		2005		2004		2003
Earnings, as defined:
Income before income taxes	$	58,729	$	111,965	$	137,890	$	115,764	$	76,936	$	80,319
Adjust for distributed income of equity investees	1,866		(5,553)		(9,347)		(10,370)		1,990		(2,136)
Equity in loss of equity method investments	-		-		-		-		-		-
Minority interest in losses of majority owned
subsidiaries	-		-		-		-		-		-
Supplemental fixed charges, as below	37,970		70,024		62,463		59,351		57,047		61,849
Total earnings, as defined	$	98,565	$	176,436	$	191,006	$	164,745	$	135,973	$	140,032
Fixed charges, as defined:
Interest charges1	$	36,659	$	67,386	$	59,955	$	56,866	$	54,297	$	59,363
Rental interest factor	408		886		732		873		1,233		941
Total fixed charges	$	37,067	$	68,272	$	60,687	$	57,739	$	55,530	$	60,304
Supplemental increment to fixed charges2	903		1,752		1,776		1,612		1,517		1,545
Total supplemental fixed charges	$	37,970	$	70,024	$	62,463	$	59,351	$	57,047	$	61,849
Supplemental ratio of earnings to fixed charges	2.60 x		2.52 x		3.06 x		2.78 x		2.38 x		2.26 x
1 FIN 48 interest is not included in interest charges.
2 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.