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): ~~September~~August 67, ~~2023~~2024

Commission File Number	Exact name of registrant as specified in its charter, address of principal executive offices and registrant’s telephone number	IRS Employer Identification Number
CommissionFile Number	Exact name of registrant as specified inits charter, address of principal executiveoffices and 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 or former 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 Securities Exchange Act of 1934:

Title of each class ~~Trading Symbol~~TradingSymbol(s) Name of each ~~exchange~~exchangeon on which registered N/A N/A N/A

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 ~~September 6~~August 7, ~~2023~~2024, Idaho Power Company (“Idaho Power”) entered into a Terms Agreement (the “Terms Agreement”) with ~~MUFG~~J.P. Morgan Securities ~~Americas~~LLC, BofA Securities, Inc., JU.PS. ~~Morgan~~Bancorp ~~Securities~~Investments, ~~LLC~~Inc., Wells Fargo Securities, LLC, ~~BofA~~Mizuho Securities USA LLC, ~~Inc~~Morgan Stanley & Co. LLC and ~~U.S.~~MUFG ~~Bancorp~~Securities ~~Investments,~~Americas Inc., as purchasers, whereby Idaho Power agreed to sell and the purchasers agreed to purchase, subject to the terms and conditions expressed therein, $~~350~~300,000,000 aggregate principal amount of Idaho Power’s 5.8020% First Mortgage Bonds due ~~2054~~2034, Secured Medium-Term Notes, Series M (the “Bonds”). The Bonds are expected to be issued on ~~September 11~~August 12, ~~2023~~2024, subject to the terms and conditions expressed in the Terms Agreement and in the Selling Agency Agreement ~~(the “Selling Agency Agreement”)~~, dated June 30, 2022, between Idaho Power and each of ~~BofA~~agents ~~Securities,~~named ~~Inc.~~therein, ~~J.P.~~as ~~Morgan~~amended ~~Securities~~by ~~LLC,~~that ~~KeyBanc~~certain ~~Capital~~Amendment ~~Markets Inc~~No. 1, ~~MUFG~~dated ~~Securities Americas Inc.~~August 7, ~~U.S.~~2024 ~~Bancorp~~(the ~~Investments,~~“Selling ~~Inc.~~Agency ~~and Wells Fargo Securities, LLC~~Agreement”).

The Terms Agreement and the Selling Agency Agreement contain representations, warranties and agreements of Idaho Power, customary conditions to closing, indemnification rights and obligations of the parties and termination provisions. The Terms Agreement is filed as Exhibit 1.1 hereto. The Selling Agency Agreement was previously filed (without Amendment No. 1) as Exhibit 1.1 to Idaho Power’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 30, 2022. Amendment No. 1 is filed as Exhibit 1.3 hereto.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
ExhibitNo.		Description
1.1		Terms Agreement, dated ~~September~~August 67, ~~2023~~2024, between Idaho Power Company and each of ~~MUFG~~J.P. Morgan Securities ~~Americas~~LLC, BofA Securities, Inc., JU.PS. ~~Morgan~~Bancorp ~~Securities~~Investments, ~~LLC~~Inc., Wells Fargo Securities, LLC, ~~BofA~~Mizuho Securities USA LLC, ~~Inc~~Morgan Stanley & Co. LLC and ~~U.S.~~MUFG ~~Bancorp~~Securities ~~Investments,~~Americas Inc., as purchasers
1.2		Selling Agency Agreement, dated June 30, 2022, between Idaho Power Company and each of BofA Securities, Inc., J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC (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 30, 2022)
5.1		Opinion of Perkins Coie LLP, dated September 7, 2023, filed in connection with Registration Statement on Form S-3 (File No. 333-264984)
1.3		Amendment No. 1 to Selling Agency Agreement, dated August 7, 2024, between Idaho Power Company and each of BofA Securities, Inc., MUFG Securities Americas Inc., J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc., KeyBanc Capital Markets Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC
5.1		Opinion of Perkins Coie LLP, dated August 8, 2024, filed in connection with Registration Statement on Form S-3 (File No. 333-264984)
23.1		Consent of Perkins Coie LLP (included in Exhibit 5.1)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: ~~September~~August 78, ~~2023~~2024

IDAHO POWER COMPANY By: /s/ Brian R. Buckham Brian R. Buckham Senior Vice President, ~~and~~ Chief Financial Officer, and Treasurer

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