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**Exhibit 12.4**                                                                                |
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| **Idaho Power Company**                                                                                                 |
| **Consolidated Financial  Information**                                                                                 |
| **Supplemental Ratio of  Earnings to Fixed Charges**                                                                    |
|                                                                                                                         |
|                                                                                                                         | **Twelve Months Ended** |
|                                                                                                                         | **December 31,** |
|                                                                                                                         | **(Thousands of Dollars)** |
|                                                                                                                         |
| ** **                                                                                                              | **2009** | **2008** | **2007** | **2006** | **2005** |
|                                                                                                                         |  |  |  |  |  |
| Earnings, as defined:                                                                                                   |  |  |  |  |  |
|                                                                                                                         |  |  |  |  |  |
| Income before income taxes                                                                                              |  $ | 158,080  |  $ | 131,715  |  $ | 111,965  |  $ | 137,890  |  $ | 115,764  |
| Adjust for distributed income of  equity investees                                                                      | 2,464  | (6,772) | (5,553) | (9,347) | (10,370) |
| Equity in loss of equity method  investments                                                                            | -  | -  | -  | -  | -  |
| Minority interest in losses of  majority owned                                                                          |  |  |  |  |  |
| subsidiaries                                                                                                            | -  | -  | -  | -  | -  |
| Supplemental fixed charges, as below                                                                                    | 80,028  | 79,358  | 70,024  | 62,463  | 59,351  |
| Total earnings, as defined                                                                                              |  $ | 240,572  |  $ | 204,301  |  $ | 176,436  |  $ | 191,006  |  $ | 164,745  |
|                                                                                                                         |  |  |  |  |  |
| Fixed charges, as defined:                                                                                              |  |  |  |  |  |
|                                                                                                                         |  |  |  |  |  |
| Interest charges1                                                                                                       |  $ | 77,580  |  $ | 76,711  |  $ | 67,386  |  $ | 59,955  |  $ | 56,866  |
| Rental interest factor                                                                                                  | 963  | 857  | 886  | 732  | 873  |
| Total fixed charges                                                                                                     |  $ | 78,543  |  $ | 77,568  |  $ | 68,272  |  $ | 60,687  |  $ | 57,739  |
|                                                                                                                         |  |  |  |  |  |
| Supplemental increment to fixed charges2                                                                                | 1,485  | 1,790  | 1,752  | 1,776  | 1,612  |
|                                                                                                                         |  |  |  |  |  |
| Total supplemental fixed charges                                                                                        |  $ | 80,028  |  $ | 79,358  |  $ | 70,024  |  $ | 62,463  |  $ | 59,351  |
|                                                                                                                         |  |  |  |  |  |
| Supplemental ratio of earnings to fixed charges                                                                         | 3.01 x | 2.57 x | 2.52 x | 3.06 x | 2.78 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.                                                   |  |  |  |  |  |

 

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