UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 5 17, 2020

CommissionFile Number		Exact name of ~~registrants~~registrant as specified ~~intheir~~inits ~~charters~~charter, address of principal executiveoffices and ~~registrants~~registrant’s telephone number		IRS EmployerIdentification Number
1-3198		Idaho Power Company		82-0130980

1221 W. Idaho Street

Boise, ID 83702-5627

(208) 388-2200

State or Other Jurisdiction of Incorporation: Idaho

Former name, ~~former~~or ~~address and~~ former ~~fiscal year~~address, if changed since last report: None.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock

IDA

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On June 17, 2020, Idaho Power Company (“Idaho Power”) entered into a Terms Agreement (the “Terms Agreement”) with J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and BofA Securities, Inc., as purchasers, whereby Idaho Power agreed to sell and the purchasers agreed to purchase, subject to the terms and conditions expressed therein, $80,000,000 aggregate principal amount of Idaho Power’s 1.900% First Mortgage Bonds due 2030, Secured Medium-Term Notes, Series L (the “Bonds”). The Bonds are expected to be issued on June 22, 2020, subject to the terms and conditions expressed in the Terms Agreement and in the Selling Agency Agreement (the “Selling Agency Agreement”), dated June 5, 2020, between Idaho Power and ~~Supplemental~~each ~~Indenture~~of J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and BofA Securities, Inc.

OnThe ~~June 5,~~Terms ~~2020, Idaho Power Company (“IPC”) entered into a Selling Agency~~ Agreement ~~(the “Selling Agency Agreement”) with each of J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc.~~ and ~~BofA Securities, Inc. in connection with~~ the issuance and sale by IPC from time to time of First Mortgage Bonds, Secured Medium-Term Notes, Series L (the “Series L Notes”), to be issued under the Indenture of Mortgage and Deed of Trust, dated as of October 1, 1937, between IPC and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), as supplemented by all indentures supplemental thereto (the “Indenture”). The Selling Agency Agreement ~~contains~~contain representations, warranties and ~~covenants~~agreements of ~~IPC~~Idaho Power, customary conditions to closing, indemnification rights and obligations of the parties and termination provisions. ~~IPC~~The ~~has~~Terms ~~no obligation to sell any minimum principal amount of Series L Notes under the Selling Agency~~ Agreement, ~~and~~is ~~may~~filed ~~issue~~as upExhibit to1.1 ~~a maximum aggregate principal amount of $500,000,000 of Series L Notes under the Selling Agency Agreement~~hereto. The Selling Agency Agreement iswas previously filed as Exhibit 1.1 to ~~this~~Idaho ~~report.~~Power’s ~~The~~Current ~~foregoing~~Report ~~description~~on ofForm ~~the~~8-K ~~Selling~~filed ~~Agency~~with ~~Agreement~~the isSecurities ~~not complete~~ and isExchange ~~qualified~~Commission inon ~~its~~June 8, ~~entirety by reference to such exhibit~~2020.

On June 5, 2020, in connection with the offer and sale of the Series L Notes from time to time pursuant to a registration statement on Form S-3 filed by IPC with the U.S. Securities and Exchange Commission (File No. 333-231555-01), which became effective on May 17, 2019, IPC filed a prospectus supplement with the U.S. Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Exchange Act of 1933.

Effective as of June 5, 2020, IPC entered into the Forty-ninth Supplemental Indenture, to the Indenture. The Forty-ninth Supplemental Indenture provides for, among other items, the issuance of Series L Notes pursuant to the Indenture.

A copy of the Forty-ninth Supplemental Indenture is filed as Exhibit 4.1 to this report.

This Current Report on Form 8-K does not constitute an offer to sell or a solicitation of an offer to buy the securities described in this report, and there shall not be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The sale of securities is being made only by means of a prospectus and related prospectus supplement.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits. ~~The following exhibits are being furnished as part of this report.~~

Exhibit Number		Description
ExhibitNo.		Description
	1.1	~~Selling~~Terms ~~Agency~~ Agreement, dated June 517, 2020, between Idaho Power Company and each of J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, ~~KeyBanc Capital Markets Inc.,~~ MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and BofA Securities, Inc., as purchasers
	4.1	Idaho Power Company Forty-ninth Supplemental Indenture, dated effective as of June 5, 2020, to Mortgage and Deed of Trust, dated as of October 1, 1937
	1.2	Selling Agency Agreement, dated June 5, 2020, between Idaho Power and each of J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and BofA Securities, Inc. (incorporated by reference to Exhibit 1.1 to Idaho Power’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 8, 2020)
	5.1	Opinion of Perkins Coie LLP, dated June 18, 2020, filed in connection with Registration Statement on Form S-3 (File No. 333-231555-01)
	23.1	Consent of Perkins Coie LLP (included in Exhibit 5.1)
	104	Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101.)

SIGNATURES

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

Dated: June 818, 2020

IDAHO POWER COMPANY By: /s/ ~~Lisa~~Brian AR. ~~Grow~~Buckham ~~Lisa~~Brian AR. ~~Grow~~Buckham Senior Vice President and ~~Chief~~General ~~Executive Officer~~Counsel

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