Exhibit 12(b)
                               Idaho Power Company
                       Consolidated Financial Information
                                        
 Ratio of Earnings to Combined Fixed Charges and Preferred Dividend Requirement
                                                                                              
                                                      Twelve Months Ended December 31,       Twelve Months
                                                           (Thousands of Dollars)                Ended
                                                                                                March 31,

                                                1992      1993      1994      1995      1996      1997
                                                                                     
Computation of Ratio of Earnings to
 Fixed Charges:
   Consolidated net income                   $ 59,990  $ 84,464  $ 74,930  $ 86,921  $ 90,618  $ 90,787

Income taxes:
  Income taxes (includes amounts charged                           
    to  other  income  and deductions)         24,601    38,057    35,307    49,498    51,316    50,254
   Investment  tax  credit adjustment          (1,439)   (1,583)   (1,064)   (1,086)      776       733

      Total  income  taxes                     23,162    36,474    34,243    48,412    52,092    50,987

Income  before  income  taxes                  83,152   120,938   109,173   135,333   142,710   141,774

Fixed Charges:
   Interest  on  long-term debt                53,408    53,706    51,172    51,147    52,165    53,008
  Amortization of debt discount,
     expense  and  premium  -  net                392       507       567       567       594       610
    Interest  on  short-term  bank  loans         647       220     1,157     3,144     2,269     2,369
    Other  interest                             1,011     2,023     1,538     1,598     2,319     3,010
   Interest  portion  of  rentals                 683     1,077       794       925       991       858

      Total  fixed  charges                    56,141    57,533    55,228    57,381    58,338    59,855

    Preferred  dividends  requirements          7,611     8,547    10,682    12,392    12,146    10,735
                                                                         
Total fixed charges and
        preferred  dividends                   63,752    66,080    65,910    69,773    70,484    70,590

Earnings  -  as  defined                     $139,293  $178,471  $164,401  $192,714  $201,048  $201,629

Ratio of earnings to fixed charges and
   preferred  dividends                         2.18X     2.70X     2.49X     2.76X     2.85X     2.86X