Idaho Power Company
                       Consolidated Financial Information
                                        
 Supplemental Ratio of Earnings to Combined Fixed Charges and Preferred Dividend
                                  Requirements

                                                                                        Twelve Months
                                               Twelve Months Ended December 31,             Ended
                                                    (Thousands of Dollars)                 June 30,
                                         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    $ 79,883
Income taxes:
  Income taxes (includes amounts 
   charged to other income and 
   deductions)                          45,336    26,418    24,321   24,601    38,057      34,881
  Investment tax credit adjustment      (3,295)   (3,184)   (3,177)  (1,439)   (1,583)     (2,328)

     Total income taxes                 42,041    23,234    21,144   23,162    36,474      32,553

Income before income taxes             126,778    92,475    79,016   82,152   120,938     112,436

Fixed Charges:
  Interest on long-term debt            49,629    50,119    54,370   53,408    53,706      51,378
  Amortization of debt discount,
   expense and premium - net               238       309       374      392       507         560
  Interest on short-term bank loans      2,200     1,027       935      647       220         323
  Other interest                         3,164     2,259     3,297    1,011     2,023       2,434
  Interest portion of rentals              757       902       884      683     1,077         856

     Total fixed charges                55,988    54,616    59,860   56,141    57,533      55,551
  Suppl increment to fixed charges*      2,321     1,969     1,599    2,487     2,631       2,635

     Supplemental fixed charges         58,309    56,585    61,459   58,628    60,164      58,186
   Preferred dividend requirements       6,374     5,685     6,663    7,611     8,547       9,752
     Total supplemental fixed charges
      and preferred dividends           64,683    62,270    68,122   66,239    68,711      67,938

Supplemental earnings - as defined    $185,087  $149,060  $140,475 $141,780  $181,102    $170,622

Supplemental ratio of earnings to 
 fixed charges and preferred 
 dividends                               2.86X     2.39X     2.06X    2.14X     2.64X       2.51X
<FN>
* Explanation of increment:
  Interest on the guaranty of American Falls Reservoir District Bonds
  and Milner Dam Inc. Notes which are already included in operating expense.