Ex12g
                               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
                                                 (Thousands of Dollars)                               March 31,
                                          1996         1997         1998       1999        2000          2001
                                                                                 
Earnings, as defined:
  Income before  income taxes        $ 142,710   $  138,746    $ 140,984   $ 143,078   $ 223,056   $   229,664
  Adjust for distributed income of
  equity investees                      (1,413)      (3,943)      (4,697)       (837)     (3,116)        2,574
  Equity in loss of equity method
  investments                                0            0          476           0           0             0
  Minority interest in losses of
  majority owned subsidiaries                0            0         (125)          0           0             0
  Supplemental fixed charges and
  preferred dividends, as below         60,939       64,317       63,967      65,526      61,372        62,433

     Total earnings, as defined      $ 202,236   $  199,120    $ 200,605   $ 207,767   $ 281,312   $   294,671

Fixed charges, as defined:
  Interest charges                   $  57,348   $   60,761    $  60,593   $  62,014   $  57,797   $    58,826
  Rental interest factor                   991          982          801         955       1,036         1,073
     Total fixed charges                58,339       61,743       61,394      62,969      58,833        59,899
  Supplemental increment to fixed
  charges*                               2,600        2,574        2,573       2,557       2,539         2,534


  Supplemental fixed charges            60,939       64,317       63,967      65,526      61,372        62,433
  Preferred stock dividends-gross
  up Idaho Power rate                   12,146        7,803        8,275       8,133       9,564         9,589

     Total combined supplemental
     fixed charges and preferred
     dividends                       $  73,085   $   72,120    $  72,242   $  73,659   $  70,936   $    72,022

Supplemental ratio of earnings to
combined fixed charges and
preferred dividends                      2.77x        2.76x        2.78x       2.82x       3.97x         4.09x

*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.