IDAHO POWER COMPANY
                       CONSOLIDATED FINANCIAL INFORMATION
                                        
          SUPPLEMENTAL RATIO OF EARNINGS TO FIXED CHARGES

                                                                                       Twelve Months Ended
                                               Twelve Months Ended December 31,           March 31,
                                                    (Thousands of Dollars)               (Unaudited)
                                        1989      1990      1991      1992      1993        1994
                                                                       
Computation of Ratio of Earnings to
 Fixed Charges:
  Consolidated net income             $ 84,737  $ 69,241  $ 57,872 $ 59,990  $ 84,464    $ 81,377

Income taxes:
  Income taxes (includes amounts 
    charged to other income and 
    deductions)                         45,336    26,418    24,321   24,601    38,057      36,905
  Investment tax credit adjustment      (3,295)   (3,184)   (3,177)  (1,439)   (1,583)     (1,635)

     Total income taxes                 42,041    23,234    21,144   23,162    36,474      35,270

Income before income taxes             126,778    92,475    79,016   83,152   120,938     116,647

Fixed Charges:
  Interest on long-term debt            49,629    50,119    54,370   53,408    53,706      52,889
  Amortization of debt discount,
   expense and premium - net               238       309       374      392       507         547
  Interest on short-term bank loans      2,200     1,027       935      647       220         227
  Other interest                         3,164     2,259     3,297    1,011     2,023       2,387
  Interest portion of rentals              757       902       884      683     1,077         829

     Total fixed charges                55,988    54,616    59,860   56,141    57,533      56,879

  Suppl increment to fixed charges*      2,321     1,969     1,599    2,487     2,631       2,629

     Total supplemental fixed charges   58,309    56,585    61,459   58,628    60,164      59,508

Supplemental earnings - as defined    $185,087  $149,060  $140,475 $141,780  $181,102    $176,155

Supplemental ratio of earnings to 
 fixed charges                           3.17X     2.63X     2.29X    2.42X     3.01X       2.96X
<FN>
* Explanation of increment:
  Interest on the quaranty of American Falls Reservoir District Bonds and Milner
Dam Inc.
  Notes which are already included in operating expense.