| ** **

** **

**Exhibit 12.6**                                                                               |
|------------------------------------------------------------------------------------------------------------------------|
| **Idaho Power Company**                                                                                                |
| **Consolidated Financial Information**                                                                                 |
| **Supplemental Ratio of Earnings to Fixed Charges**                                                                    |
| ** **                                                                                                             |
| ** **                                                                                                             | **Twelve Months Ended** |
| ** **                                                                                                             | **December 31,** |
| ** **                                                                                                             | **(Thousands of Dollars)** |
| ** **                                                                                                             |
| ** **                                                                                                             | **2007** | **2006** | **2005** | **2004** | **2003** |
|                                                                                                                        |  |  |  |  |  |
| Earnings, as defined:                                                                                                  |  |  |  |  |  |
|                                                                                                                        |  |  |  |  |  |
| Income  before income taxes                                                                                            |  $ | 111,965  |  $ | 137,890  |  $ | 115,764  |  $ | 76,936  |  $ | 80,319  |
| Adjust  for distributed income of equity investees                                                                     | (5,553) | (9,347) | (10,370) | 1,990  | (2,136) |
| Equity  in loss of equity method investments                                                                           | -  | -  | -  | -  | -  |
| Minority  interest in losses of majority owned                                                                         |  |  |  |  |  |
| subsidiaries                                                                                                           | -  | -  | -  | -  | -  |
| Supplemental  fixed charges, as below                                                                                  | 70,024  | 62,463  | 59,351  | 57,047  | 61,849  |
| Total  earnings, as defined                                                                                            |  $ | 176,436  |  $ | 191,006  |  $ | 164,745  |  $ | 135,973  |  $ | 140,032  |
|                                                                                                                        |  |  |  |  |  |
| Fixed charges, as defined:                                                                                             |  |  |  |  |  |
|                                                                                                                        |  |  |  |  |  |
| Interest  charges1                                                                                                     |  $ | 67,386  |  $ | 59,955  |  $ | 56,866  |  $ | 54,297  |  $ | 59,363  |
| Rental  interest factor                                                                                                | 886  | 732  | 873  | 1,233  | 941  |
| Total  fixed charges                                                                                                   |  $ | 68,272  |  $ | 60,687  |  $ | 57,739  |  $ | 55,530  |  $ | 60,304  |
|                                                                                                                        |  |  |  |  |  |
| Supplemental increment to  fixed charges2                                                                              | 1,752  | 1,776  | 1,612  | 1,517  | 1,545  |
|                                                                                                                        |  |  |  |  |  |
| Total  supplemental fixed charges                                                                                      |  $ | 70,024  |  $ | 62,463  |  $ | 59,351  |  $ | 57,047  |  $ | 61,849  |
|                                                                                                                        |  |  |  |  |  |
| Supplemental ratio of  earnings to fixed charges                                                                       | 2.52 x | 3.06 x | 2.78 x | 2.38 x | 2.26 x |
|                                                                                                                        |  |  |  |  |    |
| 1 FIN 48 interest is not included in interest charges.                                                                 |  |  |  |  |  |
|                                                                                                                        |  |  |  |  |  |
| 2 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.                                                  |  |  |  |  |  |

----