Chugach Electric Association, Inc.

The 2024 Annual Membership Meeting commenced with the presentation of colors by the Alaska Military Youth Academy Color Guard and the singing of the National Anthem. The meeting included an acknowledgment of gathering on the traditional land of the Dena'ina people. Key topics summarized for the members included addressing important issues such as gas supply, the rate case, and major projects. The board highlighted its focus on increasing renewable energy penetration and achieving operational excellence and financial stability, particularly in light of the critical natural gas shortage in Cook Inlet. The proceedings also involved reports from the Nominating Committee regarding board director candidates and the Bylaws Committee concerning proposed amendments, such as reducing the number of board meetings and updating director compensation. Information regarding voting procedures, door prizes, and a vehicle drawing was also provided to the membership.

The multi-day board meeting addressed several critical agenda items across public and executive sessions. Key discussions included an overview and update on the Strategic Plan, updates on Gas Supply and Renewable Generation, and a review of Risk Management Strategies. The meeting also covered operational matters such as Reliability Outage Statistics and a New Business item concerning the Campbell Lake Substation and LaTouche Substation Switchgear Replacement, which required project authorization and involved an estimated total installed cost of $7,200,000. Executive sessions focused on labor negotiations, legislative policy, and confidential discussions related to the Strategic Plan and other financial/legal matters.

The Operations Committee approved the agenda and reviewed prior minutes from August 13, 2025. Key new business items included presentations and discussions on Economic Dispatch, the Girdwood to Indian Transmission Line Rebuild, and an update on the Rate Case. The committee unanimously recommended that the Chugach Board of Directors approve the attached resolution authorizing expenditure up to $26,441,000 for the execution and completion of the Beluga Solar Project and subsequent filing for cost recovery. The committee also received an update on Gas Supply. Following director comments, the committee entered an executive session to discuss matters that could adversely affect the cooperative's finances and to confer with legal counsel. The meeting concluded with adjournment.

This document outlines the 2025 Vegetation Management Plan for the Hillside area, focusing on tree clearing activities for safety, system reliability, and wildfire prevention. Key objectives include maintaining safe access for crews, ensuring faster outage restoration by addressing trees as the number one cause of outages, and preparing for increased wildfire danger. The plan details the scope of work, including clearing 57 miles of easements, removing danger trees, and processing debris to create fire-resistant mulch layers.

Chugach Electric is developing a strategic plan to address a forecasted decline in locally sourced natural gas in South Central Alaska. The plan aims to secure a sustainable gas supply, including potential import of natural gas, and integrate renewable energy technologies to maintain reliability. It also evaluates existing and cutting-edge complementary technologies to transition towards a more sustainable future dominated by clean energy.