IDAHO POWER CO
10-Q/A, 1994-08-24
ELECTRIC SERVICES
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              UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                          Washington, D. C.  20549
                                      
                                 FORM 10-Q/A
                               Amendment No. 1
  
    X   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
        EXCHANGE ACT OF 1934
  
  For the quarterly period ended  June 30, 1994
  
                                     OR
  
        TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934
  
  For the transition period from                   to
  
  Commission file number    1-3198
  
  
                                      IDAHO POWER COMPANY
           (Exact name of registrant as specified in its charter)
  
  
                    Idaho                                 82-0130980
        (State or other jurisdiction                   (I.R.S. Employer
      of incorporation or organization)              Identification No.)
                                                               
                                                               
     1221 W. Idaho Street, Boise, Idaho                   83702-5627
  (Address of principal executive offices)                (Zip Code)
  
  
  
  Registrant's telephone number, including area code      (208) 383-2200
  
  
                                    None
  Former name, former address and former fiscal year, if changed since last
                                   report.
  
  
       Indicate  by  check mark whether the registrant  (1)  has  filed  all
  reports  required  to be filed by Section 13 or 15(d)  of  the  Securities
  Exchange  Act of 1934 during the preceding 12 months (or for such  shorter
  period that the registrant was required to file such reports), and (2) has
  been subject to such filing requirements for the past 90 days.
  Yes   X    No
  
  
      Indicate the number of shares outstanding of each of the issuer's
  classes of common stock, as of the latest practicable date.
  
      Number of shares of Common Stock, $2.50 par value, outstanding as of
  July 31, 1994 is 37,612,351.
     
                         Part II - Other Information

Item 4.   Submission of Matters to a Vote of Security Holders

          (a)  Regular annual meeting of the Company's stockholders, held
               May 4, 1994 in Boise, Idaho.

          (b)  Directors elected at the meeting for a three-year term:
                    George L Coiner
                    Larry R Gunnoe
                    Peter T Johnson
                    James A McClure

               Continuing Directors:
                    Roger L Breezley         Jon H Miller
                    John B Carley            Richard T Norman
                    Evelyn Loveless          Gene C Rose
                    Robert D Bolinder        Phil Soulen
                    Joseph W Marshall

          (c)(1)a)  To elect four Director Nominees; and
                b)  To ratify the selection of Deloitte & Touche (D&T) as
                    independent auditors for the fiscal year ending December
                    31, 1994.
                c)  To authorize the 1994 Restricted Stock Plan for officers
                    and executives.

             (2)    Director Nominees

                    Class         George L    Larry R     Peter T     James A
                  of Stock         Coiner      Gunnoe     Johnson     McClure
                                                                       
              Common:                                                  
                For             33,286,753  33,216,627  33,318,669  32,890,038
                Withheld           203,412     273,538     171,496     600,127
              4% Preferred:                                            
                For              2,812,520   2,809,900   2,842,080   2,762,620
                Withheld            41,020      43,640      11,460      90,920
              7.68% Preferred:                                         
                For                 96,460     126,460     126,460     126,330
                Withheld            30,235         235         235         365

               Proposal to Ratify Selection of D&T as Independent Auditors

               Class of Stock       For      Against   Abstain         
                                                                       
               Common            32,561,907  343,941   584,317    
               4% Preferred       2,736,860   80,440    36,240     
               7.68% Preferred       94,700    1,400    30,595    
                    Total        35,393,467  425,781   651,152    

               Proposal to authorize the 1994 Restricted Stock Plan

                Class of Stock      For       Against    Abstain        
                                                                  
               Common           28,059,162   3,936,914  1,494,089  
               4% Preferred      2,193,300     375,220    285,020    
               7.68% Preferred      91,406       3,792     31,497  
                    Total       30,343,868   4,315,926  1,810,606  
                                      
                                      
                                      
                                 SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this amendment to be signed on its behalf by
the undersigned thereunto duly authorized.


                                             IDAHO POWER COMPANY
                                                (Registrant)
                                                      
                                                      
                                                      
Date    August 24, 1994    By:  /s/             J LaMont Keen
                                                J LaMont Keen
                                             Vice President and
                                           Chief Financial Officer
                                        (Principal Financial Officer)
                                                      
                                                      
                                                      
Date    August 24, 1994    By:  /s/          Harold J Hochhalter
                                             Harold J Hochhalter
                                                 Controller
                                       (Principal Accounting Officer)
                                                      


    


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