Alaska Power Company (APC) is recognized as one of the most progressive electric utilities in Alaska, building hydroelectric facilities, retrofitting diesel systems with the latest in remote controls, and extending power lines to additional customers. The key to APC’s success as a supplier of electrical power is its willingness to develop long-term, reliable energy sources. While 2001 power sales were down slightly in the communities we serve due to a combination of warm weather in Alaska and an economic downturn, APC continued its program of equipment upgrades and expansion of services.