Exhibit 12g

Idaho Power CompanyConsolidated Financial InformationSupplemental Ratio of Earnings to Combined Fixed Charges and PreferredDividends Requirements
|                                        |                                     | **Twelve Months Ended**        |
|---------------------------------------------|------------------------------------------|--------------------------------|
|                                        |                                     | **December 31,**               |
|                                        |                                     | **(Thousands of Dollars)**     |
|                                        |                                     |                           |
|                                        |                                     | **1998**                       |   | **1999** |   | **2000** |   | **2001** |   | **2002** |
|                                        |                                     |                           |
| Earnings,  as defined:                      |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        | Income  from continuing operations       |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     | before  income taxes           |   | $ | 133,021  |   | $ | 119,872  |   | $ | 128,139  |   | $ | 48,250  |   | $ | 86,326  |
|                                        | Adjust  for distributed income of equity |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     | investees                      |   |   | (4,697) |   |   | (837) |   |   | (3,116) |   |   | (1,620) |   |   | (2,544) |
|                                        | Equity  in loss of equity method         |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     | investments                    |   |   | 476  |   |   | -  |   |   | -  |   |   | -  |   |   | -  |
|                                        | Minority  interest in losses of majority |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     | owned  subsidiaries            |   |   | (125) |   |   | -  |   |   | -  |   |   | -  |   |   | -  |
|                                        | Supplemental  fixed charges, and         |                           |   | 63,967  |   |   | 65,526  |   |   | 61,372  |   |   | 66,748  |   |   | 63,002  |
|                                        |                                     | Preferred  dividends, as below |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     | Total  earnings, as defined    |   | $ | 192,642  |   | $ | 184,561  |   | $ | 186,395  |   | $ | 113,378  |   | $ | 146,784  |
|                                        |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed  charges, as defined:                 |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        | Interest  charges                        |                           | $ | 60,593  |   | $ | 62,014  |   | $ | 57,797  |   | $ | 64,002  |   | $ | 60,317  |
|                                        | Rental  interest factor                  |                           |   | 801  |   |   | 955  |   |   | 1,036  |   |   | 962  |   |   | 1,086  |
|                                        |                                     | Total  fixed charges           |   | $ | 61,394  |   | $ | 62,969  |   | $ | 58,833  |   | $ | 64,964  |   | $ | 61,403  |
|                                        |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental  increment to fixed charges*   |                                     |                           | 2,573  |   |   | 2,557  |   |   | 2,539  |   |   | 1,784  |   |   | 1,599  |
|                                        |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental  fixed charges                 |                                     |                           | 63,967  |   |   | 65,526  |   |   | 61,372  |   |   | 66,748  |   |   | 63,002  |
| Preferred  stock dividends - gross up Idaho |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        | Power  rate                              |                           |   | 8,275  |   |   | 8,133  |   |   | 9,564  |   |   | 9,033  |   |   | 4,456  |
|                                        |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     | Total  combined supplemental   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     |                           | fixed  charges and preferred |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |                                     |                           | dividends |   | $ | 72,242  |   | $ | 73,659  |   | $ | 70,936  |   | $ | 75,781  |   | $ | 67,458  |
|                                        |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental  ratio of earnings to          |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        | combined  fixed charges and preferred    |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        | dividends                                |                           |   | 2.67x |   |   | 2.51x |   |   | 2.63x |   |   | 1.50x |   |   | 2.18x |
|                                        |                                     |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |

*Explanation of increment - Interest on the guaranty of American FallsReservoir District bonds and Milner Dam, Inc. notes which are already includedin operation expenses.