less usage, less revenue. He said to me, it’s good for customers and it’s
good for the environment … that means we are going to be involved
or we are going to get run over by it. Ever since then, we have seen
I am proud to say KCP&L led the charge for legislation in both
our states to provide energy efficiency and renewable products and
services through our regulated utility. And the same factors still apply;
it is good for our customers and it is good for our environment; now
we have made it good for our investors.
Grimm: First of all, you need to understand that rural Alaska is not
connected to the national grid. Each rural community or cluster of
rural communities must have its own microgrid. In rural Alaska,
these microgrids historically depended on diesel-based generation.
I need to admit that our reason for shifting away from fossil fuels
was based upon some simple self-sufficient economic principals
rather than government policy or mandates. In rural Alaska, every
dollar spent that leaves the local economy hurts the local economy.
If electric power can be produced using local resources and local
labor, it strengthens the local economy, which in turn strengthens
our company. When our shareholders make multi-million dollar
investments in multi-generational renewable energy projects
(primarily hydropower) it accomplishes several things. Not only
does it stabilize production costs by providing a perpetual fuel
supply (falling water), it uses a local renewable resource; dollars that
previously left the rural community stay home. This simple principal
benefits our shareholders, customers, employee-owners and the
communities we serve. One of AP&T’s mottos is “Employee-Owned,
Community Minded, Building it Together.”
AP&T is subject to the same disruptive market forces impacting
all electric utility businesses. We continue to educate our customers
on how to use our product (electricity) in the most efficient manner
and to conserve energy, so as not to waste valuable resources. We also
support our customers who choose to self-generate utilizing distributed
generation resources, and who seek to participate in our net metering
program in accordance with the regulatory environment in which we
operate. We plan on de-coupling our regulated electric utility rates.
Grimm, left, and AP&T employees Bill Squires and
Tom Ervin, near AP&T’s Kasidaya Falls Hydro facility.
This year’s winners are separated by thousands of miles, but
they are connected by past achievement and openness to future
change. Both met the challenges of market pressures and customer expectations. Both helped their utilities raise their renewable energy profiles.