WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information
extracted from IDACORP,
Inc. and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               MAR-31-1999
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,714,771
<OTHER-PROPERTY-AND-INVEST>                    129,467
<TOTAL-CURRENT-ASSETS>                         245,220
<TOTAL-DEFERRED-CHARGES>                       376,340
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               2,465,798
<COMMON>                                       451,185
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            290,867
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 742,052
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    105,955
<LONG-TERM-DEBT-NET>                           721,030
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                       13,727
<COMMERCIAL-PAPER-OBLIGATIONS>                  26,712
<LONG-TERM-DEBT-CURRENT-PORT>                   86,346
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 769,976
<TOT-CAPITALIZATION-AND-LIAB>                2,465,798
<GROSS-OPERATING-REVENUE>                      174,149
<INCOME-TAX-EXPENSE>                            16,700
<OTHER-OPERATING-EXPENSES>                     114,320
<TOTAL-OPERATING-EXPENSES>                     131,020
<OPERATING-INCOME-LOSS>                         43,129
<OTHER-INCOME-NET>                               3,140
<INCOME-BEFORE-INTEREST-EXPEN>                  46,269
<TOTAL-INTEREST-EXPENSE>                        16,768
<NET-INCOME>                                    29,501
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   29,501
<COMMON-STOCK-DIVIDENDS>                        17,468
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          47,120
<EPS-BASIC>                                     0.78
<EPS-DILUTED>                                     0.78