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Chugach Electric company history timeline

1948

Chugach was incorporated in Alaska in 1948.

1953

1953: Chugach begins selling power to the Matanuska Electric Association to meet growing demand for electricity in the Mat-Su Valley.

1954

1954: Chugach opens new offices at 8th and Gambell in Anchorage.

1955

1955: The Cooper Lake power plant application is approved by the Federal Power Commission.

1957

1957:Chugach opens a modern appliance store in Anchorage to help serve its customers with the latest electrical appliances and affordable 4% financing.

1958

1958: Chugach energizes the first section of the new Portage power line.

1959

In the years leading up to statehood in 1959, Chugach delivered the energy for growth, forging new partnerships and expanding generation and distribution capabilities.

1959: As a member of ARECA (Alaska Rural Electric Cooperative Association), Chugach lends its support to the Bradley Lake hydroelectric project.

1960

In 1960, Anchorage's population had reached 82,833.

1962

1962: With the completion of the transmission line between the Kenai Peninsula and Anchorage, power flows from Cooper Lake to Anchorage for the first time.

1963

1963: Chugach dedicates the 7.8-megawatt gas turbine Bernice Lake power plant.

1964

In 1964, just months after the most devastating earthquake in North America's modern history, Chugach began negotiating long-term natural gas contracts at Beluga.

1967

1967: Chugach converted Knik Arm's coal boilers to natural gas.

1968

In March of 1968, the first power from two 15.7-megawatt units at Chugach's modern, new gas-fired power plant at Beluga flowed into Anchorage.

1969

A third 18.5-megawatt unit is added to the International plant in 1969 in anticipation of the region's growing energy demands.

1970

1970-75: Throughout the 70's, Chugach continued to meet and anticipate - Alaska's extraordinary growth.

1971

A second 19- megawatt gas-fired turbine was added at Bernice Lake in 1971, and a second set of underwater cables added between Pt.

1972

In 1972, the largest turbine at the time, a 55-megawatt gas-fired unit was installed at Beluga.

1976

1976: Chugach added four new underwater cables between Pt.

1978

1978: Chugach added two more gas turbines to its system: a 74-megawatt unit at Beluga and a 27.5-megawatt unit at Bernice Lake.

1980

The 1980's saw Anchorage's population bulge to nearly a quarter million residents at the height of the oil boom.

1980: Chugach installed its eighth and final unit at Beluga, a 55-megawatt unit that created "free" electricity by running on steam generated by two other units.

1981

1981: Chugach installed a fourth unit at Bernice Lake, a 27.5-megawatt unit that brought the plant's capacity to 81.8 megawatts.

1983

1983: Following several years of serious revenue deficits, Chugach rebounded owing in part to a long overdue rate increase instituted the previous year.

1984

1984: Chugach moves its headquarters to its present location, a new building beside the International power plant.

1985

1985: Chugach completed construction and implementation of the SCADA (Supervisory Control and Data Acquisition) project.

Also in 1985, power began flowing from Anchorage over the new intertie completed by the Alaska Power Authority linking Anchorage and Fairbanks.

1986

1986: Following nearly four decades of growth and expansion, 1986 marked the beginning of a years-long recession that would test Chugach's stamina, strength and resourcefulness.

1987

1987-88: Chugach began intensive systemwide maintenance of turbines and generators, including the overhaul of units at Bernice Lake, Cooper Lake and Beluga.

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Chugach Electric may also be known as or be related to CHUGACH ELECTRIC ASSOCIATION INC, Chugach Electric, Chugach Electric Association and Chugach Electric Association, Inc.