Exhibit 12(e)

Idaho Power CompanyConsolidated Financial InformationSupplemental Ratio of Earnings to Fixed Charges
|                                      |                                     | ** **                  | ** **  |
|-------------------------------------------|------------------------------------------|-----------------------------|-------------|
|                                      |                                     | **Twelve Months Ended**     | ** **  |
|                                      |                                     | **December 31,**            | ** **  |
|                                      |                                     | **(Thousands of Dollars)**  | ** **  |
|                                      |                                     |                        | ** **  |
|                                      |                                     | **2001**                    | ** **  | **2002** | ** ** | **2003** | ** ** | **2004** |   | **2005** |
|                                      |                                     |                        |        |   |   |   |   |   |   |   |   |
| Earnings,  as defined:                    |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      | Income  from continuing operations       |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      |                                     | before  income taxes        |        | $ | 48,250  |   | $ | 86,326  |   | $ | 80,319  |   | $ | 76,936 |   | $ | 115,764 |
|                                      | Adjust  for distributed income of equity |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      |                                     | investees                   |        |   | (1,620) |   |   | (2,544) |   |   | (20,536) |   |   | 26,616 |   |   | 4,069 |
|                                      | Equity  in loss of equity method         |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      |                                     | investments                 |        |   | -  |   |   | -  |   |   | -  |   |   | - |   |   | - |
|                                      | Minority  interest in losses of majority |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      |                                     | owned  subsidiaries         |        |   | -  |   |   | -  |   |   | -  |   |   | - |   |   | - |
|                                      | Supplemental  fixed charges, as below    |                        |        | 66,748  |   |   | 63,002  |   |   | 61,849  |   |   | 57,047 |   |   | 59,351 |
|                                      |                                     | Total  earnings, as defined |        | $ | 113,378  |   | $ | 146,784  |   | $ | 121,632  |   | $ | 160,599 |   | $ | 179,184 |
|                                      |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed  charges, as defined:               |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      | Interest  charges                        |                        | $           | 64,002  |   | $ | 60,317  |   | $ | 59,363  |   | $ | 54,297 |   | $ | 56,866 |
|                                      | Rental  interest factor                  |                        |        | 962  |   |   | 1,086  |   |   | 941  |   |   | 1,233 |   |   | 873 |
|                                      |                                     | Total  fixed charges        |        | $ | 64,964  |   | $ | 61,403  |   | $ | 60,304  |   | $ | 55,530 |   | $ | 57,739 |
|                                      |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental  increment to fixed charges* |                                     |                        | 1,784  |   |   | 1,599  |   |   | 1,545  |   |   | 1,517 |   |   | 1,612 |
|                                      |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      | Total  supplemental fixed charges        |                        | $           | 66,748  |   | $ | 63,002  |   | $ | 61,849  |   | $ | 57,047 |   | $ | 59,351 |
|                                      |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental  ratio of earnings to fixed  |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                      | charges                                  |                        |        | 1.70x |   |   | 2.33x |   |   | 1.97x |   |   | 2.82x |   |   | 3.02x |
|                                      |                                     |                        |        |   |   |   |   |   |   |   |   |   |   |   |   |
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*Explanation ofincrement - Interest on the guaranty of American Falls Reservoir District bondsand Milner Dam, Inc. notes which are already included in operation expenses.