Pricing Supplement No. 5 Dated September 3, 1998 Rule 424 (b)(5)
File No. 33-51215
(To Prospectus dated December 8, 1993 and
Prospectus Supplement dated December 17, 1993)
$200,000,000
IDAHO POWER COMPANY
First Mortgage Bonds, Secured Medium-Term Notes, Series B
Due From Nine Months to Forty Years From Date of Issue
________________________________________________________________________________
Principal Amount: $50,000,000 Original Issue Date: September 9, 1998
Interest rate: 5.83% Maturity Date: September 9, 2005
Issue Price: 100% payable in Proceeds to Issuer After
immediately Commission: 99.40%
available funds
Agent's Commission: .60% Original Interest
Accrual Date: September 9, 1998
Form: Book-Entry
________________________________________________________________________________
Redemption: The Offered Notes cannot be redeemed prior to maturity.
Capacity: Agent
Use of Proceeds: The net proceeds from this sale and the other sale of
Offered Notes of even date herewith will be used by the
Company to pay at maturity the Company's $30,000,000 5.33%
1998 Series A Medium-Term Notes and a portion of the
Company's outstanding short-term debt.
Agent:
GOLDMAN, SACHS & CO.
<PAGE>
Pricing Supplement No. 6 Dated September 3, 1998 Rule 424 (b)(5)
File No. 33-51215
(To Prospectus dated December 8, 1993 and
Prospectus Supplement dated December 17, 1993)
$200,000,000
IDAHO POWER COMPANY
First Mortgage Bonds, Secured Medium-Term Notes, Series B
Due From Nine Months to Forty Years From Date of Issue
________________________________________________________________________________
Principal Amount: $10,000,000 Original Issue Date: September 9, 1998
Interest rate: 5.83% Maturity Date: September 9, 2005
Issue Price: 100% payable in Proceeds to Issuer After
immediately Commission: 99.40%
available funds
Agent's Commission: .60% Original Interest
Accrual Date: September 9, 1998
Form: Book-Entry
________________________________________________________________________________
Redemption: The Offered Notes cannot be redeemed prior to maturity.
Capacity: Agent
Use of Proceeds: The net proceeds from this sale and the other sale of
Offered Notes of even date herewith will be used by the
Company to pay at maturity the Company's $30,000,000
5.33% 1998 Series A Medium-Term Notes and a portion of the
Company's outstanding short-term debt.
Agent:
SALOMON SMITH BARNEY
