Exhibit 12g 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 (Thousand of Dollars) June 30, 1994 1995 1996 1997 1998 1999 Earnings, as defined: Income before income taxes $109,173 $135,333 $142,710 $138,746 $140,984 $148,063 Adjust for distributed income of equity investees 326 (2,058) (1,413) (3,943) (4,697) (7,074) Equity in loss of equity method investments 0 0 0 0 476 476 Minority interest in losses of majority owned subsidiaries 0 0 0 0 (125) (115) Supplemental fixed charges and preferred dividends, as below 57,849 59,992 60,939 64,317 63,967 64,840 Total earnings, as defined $167,348 $193,267 $202,236 $199,120 $200,605 $206,190 Fixed charges, as defined: Interest charges $ 54,433 $ 56,456 $ 57,348 $ 60,761 $ 60,593 $ 61,333 Rental interest factor 794 925 991 982 801 942 Total fixed charges 55,227 57,381 58,339 61,743 61,394 62,275 Supplemental increment to fixed charges* 2,622 2,611 2,600 2,574 2,573 2,565 Supplemental fixed charges 57,849 59,992 60,939 64,317 63,967 64,840 Preferred stock dividends-gross up-Idaho Power rate 10,682 12,392 12,146 7,803 8,275 8,857 Total combined supplemental fixed charges and preferred dividends $ 68,531 $ 72,384 $ 73,085 $ 72,120 $ 72,242 $ 73,697 Supplemental ratio of earnings to combined fixed charges and preferred dividends 2.44x 2.67x 2.77x 2.76x 2.78x 2.80x *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